News
Sanwo-Olu grants full ownership to beneficiaries of LagosHOMS
“These certificates grant full ownership rights of the properties to the beneficiaries, marking the successful completion of their mortgages.

Lagos State Governor, Babajide Sanwo-Olu, on Thursday, presented Exit Certificates to the first beneficiaries of the Lagos Home Ownership Mortgage Scheme (LagosHOMS).
Sanwo-Olu, said that the beneficiaries as have met their 10-year payment obligations for the properties they were allotted by the Lagos State Mortgage Board in 2014.
“These certificates grant full ownership rights of the properties to the beneficiaries, marking the successful completion of their mortgages.
Since the scheme began, over 20,000 Lagosians have participated, enabling individuals with limited capital to own decent homes.
Today, I reaffirmed our commitment to reducing the housing deficit and making affordable homeownership accessible to our growing population.
We also introduced a new LagosHOMS redemption policy that allows allotees who have completed at least six years in the rent-to-own scheme to pay off their balance early.
Finally, to honour the late Oba Mufutau Olatunji Hamzat, an elder statesman and father of our Deputy Governor, the Ilupeju LagosHOMS Housing project was named after him,” said Sanwo-Olu.
News
Japan designates the city of Kisarazu for Nigerians to live and work
Through this arrangement, we aim to strengthen exchanges and create a foundation for manpower development that will contribute to economic growth in both Japan and Nigeria,” said Mrs. Florence Akinyemi Adeseke, Nigeria’s Charge d’Affaires and Acting Ambassador to Japan.

The Japanese government has designated the city of Kisarazu as the official “hometown” for Nigerians seeking to live and work in Japan
Japan also unveiled similar hometown designations for Tanzania, Ghana, and Mozambique in Nagai, Sanjo, and Imabari, respectively.
The announcement was made on the sidelines of the 9th Tokyo International Conference for African Development (TICAD9), a move aimed at deepening cultural diplomacy, promoting economic growth, and enhancing workforce productivity.
Under the new arrangement, the Japanese government will introduce a special visa category for highly skilled, innovative, and talented Nigerian youth. Artisans and other blue-collar workers willing to upskill will also be eligible to live and work in Kisarazu under the special visa dispensation.
“Through this arrangement, we aim to strengthen exchanges and create a foundation for manpower development that will contribute to economic growth in both Japan and Nigeria,” said Mrs. Florence Akinyemi Adeseke, Nigeria’s Charge d’Affaires and Acting Ambassador to Japan.
The designation of Kisarazu builds on historical ties between Nigeria and the city.
The Nigerian Olympic contingent trained in Kisarazu during preparations for the 2020 Tokyo Olympics, where athletes acclimatised before moving to the Olympic Village.
Mayor Yoshikuni Watanabe of Kisarazu, who received the certificate from the Japanese government alongside Mrs. Adeseke, expressed optimism that the initiative would boost the city’s population and contribute to regional revitalisation efforts.
News
BREAKING: FG, state, local governments share N2.001trn July revenue

The three tiers of government—federal, state, and local—shared a total of N2.001 trillion from the Federation Account as revenue for the month of July 2025, according to the Federation Account Allocation Committee (FAAC).
The allocation was made during the FAAC meeting held in August 2025 in Abuja, with details released in an official communiqué.
The distributable revenue included:
- N1.282 trillion in statutory revenue
- N640.610 billion from Value Added Tax (VAT)
- N37.601 billion from Electronic Money Transfer Levy (EMTL)
- N39.745 billion from exchange rate difference
Out of the total distributed funds:
- The Federal Government received N735.081 billion
- State Governments received N660.349 billion
- Local Government Councils received N485.039 billion
- N120.359 billion was shared to oil-producing states as 13% derivation revenue
Revenue Breakdown:
Statutory Revenue (N1.282 trillion):
- FG: N613.805 billion
- States: N311.330 billion
- LGs: N240.023 billion
- 13% Derivation: N117.714 billion
VAT (N640.610 billion):
- FG: N96.092 billion
- States: N320.305 billion
- LGs: N224.214 billion
EMTL (N37.601 billion):
- FG: N5.640 billion
- States: N18.801 billion
- LGs: N13.160 billion
Exchange Gains (N39.745 billion):
- FG: N19.544 billion
- States: N9.913 billion
- LGs: N7.643 billion
- 13% Derivation: N2.643 billion
The total gross revenue for July was N3.836 trillion, down from N3.485 trillion in June. Cost of collection deductions amounted to N152.681 billion, while N1.683 trillion was allocated for transfers, refunds, savings, and interventions.
FAAC noted improved collections from Petroleum Profit Tax, Oil and Gas Royalties, EMTL, and Excise Duties, while Companies Income Tax and CET Levies declined slightly. VAT and Import Duties saw marginal growth.
The committee reiterated its commitment to ensuring transparency in the allocation of national revenues across all levels of government.
Crime
Female Corps Member Recalls Harrowing Assault by Anambra Security Forces

A National Youth Service Corps member, Jennifer Elohor, who was brutalised by Anambra security operatives, otherwise known as “Agunechemba”, at a corpers lodge in Oba, Idemili Local Government Area of the state, has recounted her harrowing experience.
In a video that went viral on Tuesday, the operatives armed with guns stormed the corps members’ lodge, accused them of being Internet fraudsters, although they knew they were corps members. They were seen beating the female corps member despite her cries for help.
The incident has continued to generate widespread reactions across the state, with stakeholders, civil society organisations, human rights groups, and lawmakers condemning the action of the vigilante group, with many demanding justice for the victim and calling for sanctions against the vigilante team.
Elohor, who narrated her ordeal in an interview with a media personality, Aprokoking, shared online on Wednesday, said the Anambra State operatives broke into her residence, assaulted her, and forcefully took her and some of her colleagues away.
This is just as the Anambra State Government has tendered a public apology to the victim and anyone who had suffered abuse or harassment in the hands of Agunechemba personnel.
The corps member said the incident occurred on July 13, around 5pm, at the lodge where she and other corps members were residing.
She said she and her colleagues were indoors when suddenly they heard a violent knock on their door.
She said, “At first, we thought it was our neighbours’ door because it’s a three-storey building with several flats. But the knock became louder and more aggressive, so I decided to check. Before I could reach the door, it was kicked open.
“A masked man armed with a gun stormed into the room without any form of identification or uniform.
“At first, I thought it was an armed robber until he ordered all of us to come outside. I tried to explain that we were corps members and even suggested showing our NYSC identity cards. My colleagues also presented theirs, but the men ignored us. The intruders ransacked our room, seized our phones and laptops, and became violent.
“They pushed us downstairs, almost shoving me down the staircase. They kept asking what gave me the right, as a woman, to challenge them. It was when we got outside that we saw their vehicle and discovered they were from the Anambra Vigilante Group.”
She further claimed that when they requested to call their lodge proprietor or NYSC officials to notify them of where they were being taken to, the vigilante members became more brutal and violent.
“They beat me, tore my clothes, and even hit one of my colleagues with an iron rod for pleading on my behalf. They forced me into their vehicle, pressing my neck, slapping me, and threatening to smash our phones if we contacted anyone,” she added.
Following the outrage, the Anambra State Government, through the Special Adviser to the state governor on Community Security and leader of Agunechemba, Ken Emeakayi, while speaking to journalists on Thursday, restated that the eight personnel responsible have been identified, sacked, arrested and detained.
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