News
Lagos shuts construction site, issues warning over illegal structures
The Lagos State Building Control Agency (LASBCA) has sealed a construction site and issued a 72-hour ultimatum to another property within the Lekki–Ikoyi corridor for engaging in unauthorised development.
In a statement released on X (formerly Twitter), the agency said its officials sealed a building under construction at Femi Okunnu Road, Alexander Avenue, after the developers failed to obtain the necessary building permits.
LASBCA stressed that strict adherence to building regulations remains essential to curb the rise of illegal structures and ensure safety and orderly urban development across Lagos.
The agency also issued a 72-hour ultimatum to QMB Mart to dismantle all illegal structures erected on Coastal Road and under the powerline.
According to the Special Adviser to the Governor on E-GIS and Urban Development, Dr. Olajide Abiodun, the space in question was originally designated as a parking lot but had been converted into a commercial complex without proper approvals.
“The occupants allegedly turned the area into a commercial hub, erecting a laundromat, clubhouse, and eatery without authorisation,” Abiodun said. “Development in Lagos must follow due process. Any structure built without approval or any change in the use of government-allocated spaces without consent is illegal. We are committed to upholding the state’s master plan.”
The General Manager of LASBCA, Gbaye Florence, reaffirmed the agency’s commitment to sustained monitoring and enforcement across all development zones.
“Our duty is to ensure that all buildings in Lagos meet safety and regulatory standards,” she stated. “Anyone who erects structures without approval will be identified, marked, and subjected to necessary enforcement actions.”
LASBCA added that the ongoing enforcement drive will continue across the state as part of efforts to eliminate illegal constructions and promote a safer, well-planned Lagos.
News
Senate confirms Oyedele as minister
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
The Senate has confirmed the nomination of Taiwo Oyedele as Minister of State for Finance.
His confirmation comes after two hours of screening as lawmakers grilled him on various aspects of the economy.
Oyedele’s screening followed a motion moved by Opeyemi Bamidele, the Senate leader, after he called for the suspension of the Senate rule to allow strangers to come into the chamber.
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
Oyedele was escorted to the chamber by Bashir Lado, the Special Adviser to the President on the National Assembly ( Senate), alongside others.
His screening followed President Bola Tinubu’s letter to the Senate on Tuesday, requesting his confirmation as a minister.
Tinubu had, on March 3, nominated Oyedele, who currently serves as chairman of the presidential committee on fiscal policy and tax reforms, as Minister of State for Finance.
News
Tinubu appoints Lamido Yuguda as CBN’s Deputy Governor
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
PRESIDENT Bola Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN)
The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.
This was disclosed on Wednesday by the presidential spokesman, Bayo Onanuga.
The President charges Yuguda to discharge his responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth.
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.
In 1991, he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.
He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.
He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.
He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.
He retired from the CBN in 2016, after he had served as Director of the Reserve Management Department for six years.
News
JUST IN: IGP Disu Assigns Portfolios to New DIGs
DIG Zachariah Fera Achinyan has been deployed to Legal Services, DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
The Inspector-General of Police (IGP) Olatunji Disu has assigned the new Deputy Inspectors -General of Police (DIGs) their duties responsibilities.
Sources said that the DIGs were assigned departments based on their areas of competence.
DIG Zachariah Fera Achinyan has been deployed to Legal Services,
DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
Similarly, DIG Margaret Agebe Ochalla has been posted to the Force Criminal Investigation Department (FCID);
DIG Mohammed Abdul Sulaiman to Finance and Accounts; DIG Kenechukwu Onwuemelie will oversee the Force Intelligence Department (FID); DIG Fayoade Adegoke will head Information and Communication Technology, while DIG Umar Shehu Nadada has been posted to Operations departments.
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