Mr Adeniyi Akinlusi, President, Mortgage Banking Association of Nigeria (MBAN), has called on state governments to adopt `Formula 131’ in land designation processes to facilitate easy access to land title documents.
Akinlusi, made the call in an interview with the News Agency of Nigeria in Lagos on Friday.
According to him, Formula 131 stipulates that the cost of obtaining land title should not be more than one per cent of the land and property value.
He said the association had verified the likelihood of the formula as a tool used to leverage land titling challenges in other countries and urged the government to adopt it in Lagos State.
Akinlusi noted that the challenges encountered in the process of obtaining land title documents were the major hindrances to the growth and development of the housing sector in Nigeria, particularly in Lagos State.
He noted that ` Formula 131’ needed only three working days for the land title to be granted to applicants and all transactions and processes relating to it must be done at one point of government office.
Akinlusi noted that the motive was to enhance wealth-creation through easy access to land, ease means of doing land business and strengthen the nation’s mortgage system.
“This is because easy access to land title and other land documents to a great extent determines the volume of mortgage loans transactions.
“Meanwhile, leveraging the titling process means creating more income and revenue for the government because more people will be motivated to secure title documents for their property,’’ he said.
The MBAN boss noted that the association was meeting with the state government, to deliberate on how the formula could be adopted into the land title registration system for better performance.
“We have started meeting with the relevant authorities to dialogue on ways to leverage the land title procedures and requirements, through the implementation of Formula 131,’’ he said.
Akinlusi said that the inability to access land and land titles were the fundamental factors responsible for mass poverty, especially in the developing countries.
He said that more than 50 per cent of landed property in the country were “dead assets’’ because they lacked the requisite documents and titles.
According to him, whatever problem that had been experienced with title transfer and registration in Nigeria, can be traced to the imperfection in the enactment of the Land Use Act of 1978.
Akinlusi said that under the Act, only the governor of a state could issue a Certificate of Occupancy (C of O) as an evidence of land title for duration of 99 years.
“This would have been okay if not for the problems associated with time wastage, expensive processing and endemic corruption which undermine property transaction and investment.
“With the effectiveness of Formula 131, the issuance of C-of-O may be completed within three days, paving the way for both local and foreign investors to invest in the building construction industry, ’’ he said.
Akinlusi, however, reiterated the commitment of the MBAN to continue to advocate for the adoption of the Formula 131 until it is fully embraced.
Social media usage in Germany increases strongly due to COVID-19: association
The usage of social media platforms by German citizens has increased strongly due to the spread of the coronavirus pandemic, according to a survey published by the German digital association Bitkom on Wednesday.
“In times of widespread contact restrictions, social media help people stay in touch with friends and family, follow public events and find entertainment and distraction,” said Bernhard Rohleder, chief executive officer (CEO) of Bitkom, adding that “social distancing becomes more bearable with social media.”
Since the outbreak of the coronavirus in Germany, 75 percent of Germans used platforms including Facebook, Instagram, Xing and Twitter “more intensively.”
Almost two-thirds of German citizens used social networks for news, according to the survey conducted on around 1,000 German citizens above the age of 16 in April.
The use of messenger services also increased in recent weeks since the outbreak of the pandemic. Some two-thirds of Germans wrote messages more frequently while almost every second person also increasingly conducted video calls via services such as Whatsapp, Threema and Telegram.
Earlier this month, a survey published by Verivox showed that the coronavirus lockdown in Germany had boosted digitalization, particularly among younger Germans.
The survey found that 40 percent of 18- to 29-year-olds in Germany used video phone calls for the very first time during the coronavirus crisis, while 20 percent had never used a webcam before.
“The use of digital services in Germany is expandable in all age groups,” said Eugen Ensinger, Verivox telecommunications expert. “This is particularly surprising among the younger generation, who are said to be living a completely digitalized everyday life.”
COVID-19: Association donates 300 face masks to FCDA
The National Association of Nigerian Nurses in North America (NANNNA) on Wednesday donated 300 face masks to the Health and Human Services Secretariat (HHSS) of the Federal Capital Development Authority (FCDA).
Mr Martin Eyube, leader of NANNNA, said that the gesture was to express members’ care and support to their country of origin and to remind Nigerians that Nigeria nurses abroad were still part of the family at home.
“These nurses here are trained and registered in Nigeria, but they are already practising in the North American Continent in USA, Mexico, Brazil and Canada.
“The main aim of this initiative is to remind the entire Nigeria community that the nurses home and abroad are still nurses for Nigeria.
“This gesture is a way of reaching out and build a robust relationship with the practising nurses here in Nigeria,” he said.
Receiving the items, the acting Secretary of the HHSS, Dr Mohammed Kawu, appreciated the gesture, noting that the donation was a plus on the side of the association.
Kawu, who was represented by the the Director, Nursing Services, FCT Hospital Management Board, Mrs Grace Eleri, said that HHSS had received numerous donations from different NGOs as support to curb the spread of COVID-19.
“The health workers will use this protective shields to guide against the spread of the virus. They are in the war front, it is a battle field, they volunteer to be part of the COVID-19 story in order to care for this nation,” Kawu said.
She prayed for God’s blessing and sustainability upon the association, adding that the donation was the beginning of better things that would enhance collaboration with nurses in Nigeria.
Edited By: Tayo Ikujuni and Isaac Ukpoju (NAN)
Int’l Nurse Year: Association suspends celebration in solidarity with fight against COVID-19
A non-profit making organisation, Nigerian Nurses Charitable Association-United Kingdom (NNCA–UK), says it has suspended the global celebration of International Year of the Nurse and Midwife slated for July due to COVID-19 pandemic.
The group said this in a statement by its President, Ms Wendy Olayiwola-Odutola and Director for International Liason, Mr Peters Omoragbon, which copy was obtained by News Agency of Nigeria in Abuja.
“Along with doctors and other medical staff, nurses have been on the frontline of the fight against coronavirus-sharing stories of exhaustion and heroism in the face of a disease that has killed so many.
“As at May 25, according to John Hopkins University, the novel coronavirus has infected more than 5.4 million people and killed over 344,000 worldwide.
“The United Kingdom has recorded more than 36,675 deaths with 257,154 cases and Nigeria with over 8, 000 cases and 223 deaths recorded so far.
“In the light of the above, the NNCA–UK, the umbrella association for all Nigerian nurses and midwives in the UK in consultation with the Global Stakeholders at a meeting has painfully decided to suspend the celebration,” she said.
According to her, the event and international scientific training programme slated from July 12 to 19 in Lagos is aimed at commemorating The Year of the Nurse and The Midwife.
The WHO has designated 2020 as the Year of the Nurse and Midwife in honour of the 200 birth anniversary of the progenitor of the modern-day nursing/midwifery profession, Florence Nightingale.
The Year of the Nurse designation by the WHO highlights the push to increase the global nursing workforce.
“The action to suspend the celebration is in solidarity with the global fight against this dreaded virus in so doing, we would love to admonish every nurse and midwife in Nigeria.
“We admonish every nurse not only as frontline soldiers against the spread of the infection but to also act as agents of attitudinal change to respect all the directives on COVID-19.
“We urge you to respect all the directives that have been put in place by the government, especially as it relates to social distancing and obeying the lockdown order.’’
The officials, however, commiserated with every Nigerian at this trying time, especially as it related to meeting their financial obligations and hoped that the government would provide palliatives to mitigate the hardship.
“To the family of our colleagues and other Nigerians that have died from the infection, we pray God to grant you peace and gratitude to bear your losses.’’
In addition, they urged the health workers to be focused and take the opportunity provided by the association to improve on their skills.
“We continue to engage them through webinars and social media on fighting the COVID-19, to celebrate and support our colleagues with skills and knowledge transfer.
“We registered over 800 participants at the Webinar and 183 live participants with officials of the Federal Ministry of Health.
“We also had participants of officials of the Nigerian Diaspora Commission, World Health Organisation, Lagos State Government with the Nursing and Midwifery Council of Nigeria and more than 25 countries were in attendance.
“This will continue on a regular basis,’’ the official assured.
The association represents about 5,000 Nigerian Nurses and Midwives with established chapters nationwide.
The mission of the association is to provide a forum for collective action by Nigerian nurses to investigate, define and determine issues affecting its members.
Edited By: Kevin Okunzuwa/Felix Ajide (NAN)
Real time trading, helping capital market to thrive — shareholders’ association
Akinduro made this known in an interview with the News Agency of Nigeria in Ibadan.
He commended the leadership of the Nigerian Stock Exchange (NSE) for being proactive in setting machineries in motion for such a time as this.
“As one of the players in the market, I can say that the market is really encouraging.
“It is very active in the sense that we are getting more bullish period (Stock Market characterised by rising share prices).
“Economically, if we should look at it, by now we should not have such a thing because there is not much activity in the economy.
“But when you look at our market at times, what is driving our market is quite different from finance, as we can see it in the market presently,’’ he said.”
“The lockdown has not really affected the market negatively because we can see that some of the companies are really performing well now.
“But one thing we know which I am quite sure of is that we are going to see the likely reverse aspect of the market at the end of the day.
“It may not be in the long term but in the short term because the market is one that is progressing,” he said.
The trend we are passing through presently would affect the market but it would be in the long term.
“When we look at some of these companies that are in the market, they are really making good business now.
“And at the end of the day, the report they will give as their quarterly report will be very encouraging, I am quite sure,” he said.
According to him, the manufacturing companies, beverages and others are earning good money now unlike some other sectors like hotels and the likes.
“Some of the companies will surely give us good reports but we cannot rule out that the market will definitely feel the heat after this period.
“But one thing I know is that, it is not going to be for the long term but for the short term and at the end of the day the market will definitely correct itself.
“This will make investors to keep on enjoying themselves,” he said.
Akinduro also said the electronic means of transactions had been effective and helpful in the capital market.
“It seems our operators of the capital market have helped our economy by going ahead of this current situation.
“The leadership of the Nigerian Stock Exchange at this present time envisaged this and has put every stock broking firm on their toes to ensure that they are up to the task.
“As you can see now, there is no physical trading but trading is going on online and investors are participating.
“That is why when you have leadership they should see challenges ahead before it turns to problem.
“They have envisaged this before now and we thank God that the real time trading is really helpful to investors now and we are enjoying it.
“If I have anything to buy today and I instruct my broker before noon, I get the alert that is to show us the proactiveness of the NSE and the capital market.”
Akinduro said if NSE had planned for such a time as this, he believed there would not be any way the investors could be participating in the market as at now.
“They are aware of this and have put a tough strategy in place so we don’t feel the heat of the lockdown on the market as everything is going on as it ought to be,” he said.
NAN reports that the association has members in Ekiti, Kwara, Ogun, Ondo, Osun and Oyo States.
Edited By: Dorcas Jonah/Ese E. Ekama (NAN)
Telecom association hails Ekiti, Imo for implementing ROW price
The Association of Telecommunications Companies of Nigeria (ATCON), on Thursday commended Governors and Houses of Assemby of Imo and Ekiti states for the implementation of the approved Right-of-Way (ROW) price.
Ajibola Olude, Secretary of the Association, gave the commendation in a statement in Lagos.
He hailed the orders issued by Dr Kayode Fayemi, the Ekiti Governor and Chairman, Nigeria Governors’ Forum, and Sen. Hope Uzodinma, Governor of Imo.
The association noted that both states had approved right of way price from a high price to an industry and investment friendly price of N145 per liner meter approved by the Federal Government.
“ATCON also appreciates these states for considering its letter which was sent to them in the beginning of the year recommending that telecom and ICT infrastructure must be seen and treated as a component of development in their respective states.
“With this move by the governors, their leaderships have attested to the fact that the socio-economic development of their respective states is not mutually exclusive to broadband and ICT infrastructure development which has been one of the basis of our advocacy initiatives,” he said.
He, however, stated that some of the benefits that are accruable to states that adopted and implemented the harmonised ROW price will unlock the inherent digital potential of the states.
He said that such states were set to enjoy and maximise the opportunity that pervasive broadband penetration could offer as their people could now leverage on uninterrupted telecommunications services which were not enjoyed before.
“The reason for this is that telecom infrastructure would give them the opportunity to express their gifts and talents.
“Fast pace of development enabled by robust Telecom and ICT Infrastructure, the direct multiplier effect of this pragmatic executive order, is that these states will experience a noticeable development both in the private and public sectors.
He added that it would push the revenue of the states forward.
“It will also make companies that do not have presence in these states to consider opening a branch in the states which will lead to employment generation thereby reducing rural-urban migration,” he said.
ATCON, therefore, advised other states yet to implement the approved harmonised ROW price of N145 per liner meter to take a cue from these states, to enable telecom and ICT infrastructure to speed up the needed development in Nigeria.
Edited By: Remi Koleoso/Donald Ugwu (NAN)
Lockdown: Association distributes food items to vulnerable in Kano
Alhaji Kabiru Bashir, Director of Administration of the association, made the disclosure at the distribution of the food items on Wednesday in Kano.
Bashir said the gesture was aimed at cushioning the hardship faced by the people occasioned by the COVID-19 lockdown in the state.
He said that the food items were distributed to identifued beneficiaries to assuage their sufferings during the lockdown.
Bashir listed the items to include rice, cooking oil, tomato paste, spaghetti and noodles.
The director added that the distribution was sequel to directives by the National President of the Assocition and former Inspector General of Police, Muhammad D Abubakar.
“We are challenged by the Vice President, Prof. Yemi Osinbajo, therefore, such distribution will be a continuous process whereby the poorest of the poors, elderly and also the vulnerable will benefit from the gesture.
“The same gesture has so far been extended in Abuja, Lagos, and now Kano. Over N12 million has been expended through personal donations from our members.,” he said.
He added that similar gesture would be extended to other states, depending on the availability of donated fund
According to him, the association would embark on the distribution of face mask to the residents in Kano as part of the Alumni efforts to stem the spread of the virus.
Also speaking, the State Commissioner of Information, Malam Muhammad Garba, commended the gesture.
Garba, represented by Nasir Tahir, the Director, Public Enlightenment of the ministry, called on individuals and organisations to emulate the gesture.
He reiterated the state government commitment to work in collaboration with associations to move the state forward.
Edited By: Remi Koleoso/Rabiu Sani Ali (NAN)
Namibia introduces association to upskill cricket coaches
Namibia’s cricket governing body on Wednesday launched the first-ever cricket coaches association, aimed at upskilling cricket coaches with the objective to set and maintain the standard in the country.
Cricket Namibia high-performance coordinator, Dee Thakur in a statement said the association will be responsible to oversee the coaching profession promote good practice, and develop quality cricket coaches in the country.
“The coaches association purpose is to inspire and champion coaching excellence, to advance the coaching profession and make a sustainable difference to individuals, organizations, and society,” Thakur added.
According to Thakur, the initiative includes schools, clubs, coaches, and parents, and is also open to all qualified coaches, the general public, and women.
“With this initiative, we would like to produce quality cricketers, increase participation of the game, and align coaching under the strategic vision of Cricket Namibia,” he concluded.
Association donates PPE worth N5.5m to its members
The General Secretary, Mr Akinola Bodunde, disclosed this while distributing the materials on Wednesday in Lagos.
He pointed out that this was the second phase of the association’s distribution of PPE, which started last week with the Eastern ports: Warri, Port Harcourt, Calabar and Onne.
He listed the materials as 100 cartons of hand sanitiser, 30 cartons of vitamin C that contains 96 tablets each and 3,000 nose masks all worth N5.5 million.
Bodunde added that they also extended the distribution of the materials to non-contributors.
NAN reports that in the first phase, which took place in the month of April, the association donated N4m to all the ports in Lagos and Eastern ports.
Present at the distribution of the materials are Mr Fredrick Ochonogor, Lagos Area Coordinator; Mr Joseph Obieme, First Trustee; Mrs Elizabeth David, Ex Officio member and Mr Peter Kalio-Mordecai, 2nd Vice President.
Edited By: Ifeyinwa Omowole (NAN)
Increase fuel supply to filling stations in Badagry border communities- Association
A group, Hengo Badagry Youth Association, on Monday appealed to the Federal Government to increase supply of petroleum to nine approved filling stations in the border communities.
President of the association, Mr Felix Godonu, made the plea at a news briefing in Badagry.
“Federal Government should please support the efforts of the state government in curbing community transmission of COVID-19 by allowing more fuel stations to dispense the products.
“This because the large crowd at the petrol station whenever there is fuel, calls for worry and concern, as most people unintentionally disregarded the social distancing and use of mask guidelines.
“Government should allow filling stations with proper documentation and credibility to start lifting fuel for distribution so that normalcy can return to our communities,” he pleaded.
The Federal Government had on March 23 lifted the suspension placed on 66 filling stations across the border communities to ease fuel scarcity in the areas.
The News Agency of Nigeria reports that nine out of the 66 filling stations belonged to Badagry border communities in Lagos State.
Godonu said that the quantity of petroleum supply to the nine approved stations were not enough for over 120 communities in the border areas.
“They have to trek a distance to buy petrol since the 20 kilometres restriction of supply of petroleum products to our area,” he said.
Godonu said the few petrol stations that were allowed to dispense the product were usually empty after selling fuel for two days.
“It is no longer news that out of about 100 towns and villages that makes up Badagry West Local Council Development Area, only 30 per cent is connected to the national grid leaving the rest of us in darkness.
“The use of our generator is the only option that we are left with for power supply.
“We all depend on petrol for our homes, cars, motor bikes, boat engines and other domestic machines,” he said.
The association president said due to insufficient petrol in the areas, most of their children that were out of schools due to the pandemic were not benefiting from the ongoing online teachings.
He said: “Now, our children have been instructed to study online; how will they cope when we don’t have electricity supply or petrol to power our generators.
“We can’t do without fueling our generators here to enable them to study.
“To get fuel now is like travelling with over 20 police checkpoints harassing our women, and causing heavy traffic, even with the lockdown guidelines by the government.”
Godonu said that the association had met with the management of the nine approved stations in the areas to find out why their stations were selling fuel to the public.
“They told us that they only receive one truck of petrol, kerosene and diesel weekly, which means they have to wait till another week before they could get another supply.
“Now, we are appealing to the Federal Government to consider the population of the people living in the areas which are mostly artisans and petty traders that depend on petrol for their daily needs,” he said.
Godonu urged the Federal Government to increase the number of filing stations in the areas.
“Nine filling stations for over 120 communities in border areas of Badagry is not enough.
“Before the suspension, we were having close to 120 filling stations, though some were doing illegal businesses.
Edited By: Celine-Damilola Oyewole/Olagoke Olatoye (NAN)
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- College Football Hall of Fame damaged in Atlanta protests
- Rwanda cancels further easing of lockdown after reassessment
- Brazil’s COVID-19 cases top 500,000, death toll nears 30,000
- Dollar changes hands around 107.70 yen level in early trade in Tokyo
- Tokyo stocks open higher on hopes for economic revival
- Curfew announced in Washington after protests near White House
- Pakistan condemns India’s declaring diplomats as persona non grata
- 5.6-magnitude quake hits 335 km SSW of Ohonua, Tonga — USGS
- Tropical storm Amanda kills 11 in El Salvador
- Landmarks in United States capital defaced amid unrest over Floyd’s death
- Palestinian woman makes ice cream rolls at shop
- Measures taken to curb spread of COVID-19 at Tribhuvan Int’l Airport
- People’s daily life in Sanaa, Yemen
- U.S. Texas governor declares state of disaster following violent protests
- Heat wave hits West Bank town of Tubas
- Chile’s COVID-19 cases rise to 99,688, with 1,054 deaths
- Senator donates 500kva transformer to Ibadan communities
- La Liga announces fixtures as Spanish season re-start looms large
- Air Peace hails India, China, Israel over evacuation of citizens from Nigeria
- Sancho hat-trick keeps Borussia Dortmund in title hunt
- COVID-19: PTF submits recommendations on reopening of schools, places of worships