You know the feeling you get when it’s almost that time of the year and oga landlord is ready to collect the rent you owe. Imagine having to plan yourself for the year and there is that inevitability of rent. Now think about the Federal Republic of Nigeria being in this exact situation. Ridiculous right? Apparently, Nigeria pays an annual rent of N66.6m (sixty-six million six hundred thousand).
Look at these figures, the rent payment for the state house was scheduled at N22.4 million in 2015, but by 2016, it had risen to N27.73 million. Despite the public outrage and economic uncertainties that followed 2016, provision for house rent in 2017 increased by almost 123% to N77.54 million. The 2018 budgets, as well as the 2019 and 2020 budgets, included 66.6 million in rent payments.
The question on everyone’s mind now is who is Nigeria’s Landlord? It has to be a person or cooperation right? Ibrahim Babangida, a former Head of State and the first occupant of Aso Rock, has joined the chorus of critics of the residential rent provision, requesting the Nigerian government to clarify who the landlords are.
He said this; “I built Aso Rock and I wonder who the current Landlord is. I read a certain N22M for the payment of Aso Rock rent. Rent to who, me or GEJ?” Babangida asked in 2016.
Regarding a 1976 proclamation by the Military Government of Murtala Mohammed for a more centralised nation’s capital, Ibrahim Babaginda built Aso Rock Presidential Villa on October 13, 1989.
The Aso Rock Presidential Villa was finished on November 1, 1991, and President Babangida became the first Head of State to occupy it on December 12, 1991.
So kindly ask this question to as many people that care to answer, maybe, just maybe we will get an answer on this subject soon.
The only certainty right now is that somewhere, there is a landlord collecting money from the Federal Republic of Nigeria annually and we just want to know who.
You know the feeling you get when it’s almost that time of the year and oga landlord is ready to collect the rent you owe. Imagine having to plan yourself for the year and there is that inevitability of rent. Now think about the Federal Republic of Nigeria being in this exact situation. Ridiculous right? Apparently, Nigeria pays an annual rent of N66.6m (sixty-six million six hundred thousand). Look at these figures, the rent payment for the state house was scheduled at N22.4 million in 2015, but by 2016, it had risen to N27.73 million. Despite the public outrage and economic uncertainties that
During our 30-year armed struggle for independence, we lived with war every hour of every day. We got used to pain and sacrifice. Many of us were wounded two or three times during fighting. We were quickly patched up and marched into more battles. I still wonder how we managed to cover ground from Qarora - the northern tip of Eritrea - to Dumeira - the southern tip - sleeping in trenches and climbing every mountain and valley. I was among the fortunate ones. About 65,000 of our fighters died in combat. I joined the liberation army as a 16-year-old in 1982 after
Bank deposits rose by N6.95tn between February 2019 and February 2020, the Central Bank of Nigeria said. The CBN disclosed this in its report on some of the personal statements of members of the Monetary Policy Committee obtained by our correspondent on Thursday. Part of the statement read, “However, there were moderate declines in returns on equity and returns on assets and a significant rise in the share of operating incomes in total interest incomes of Deposit Money Banks. “All measures of bank size, total assets, credit, and deposits significantly rose year-on-year. Over N4.56tn additional credit was created in the last one year,
Algeria will ban unauthorised demonstrations, the country’s interior ministry has announced, a move that observers say is aimed at bringing to an end a years-long protest movement seeking democratic reforms. The announcement came on Sunday as protests by the Hirak movement gained momentum in recent weeks after a months-long hiatus caused by the coronavirus pandemic. Thousands of demonstrators began taking to the street in February 2019 to protest against former President Abdelaziz Bouteflika’s decision to seek a fifth term in office. Those rallies culminated weeks later in the ailing octogenarian stepping down. The interior ministry said all protests, many of which have now transformed into wider
Africa is watching aghast as India struggles with coronavirus, fearing a long-running shortfall in the Indian-made vaccines that it needs to help protect its people. Often dubbed the “pharmacy of the world”, India is one of the biggest suppliers of the AstraZeneca vaccine under the COVAX programme to help immunisation in poorer countries. But India has been hammered by an explosive growth in infections – accelerated, say scientists, by a new variant. The country has recorded 22 million cases out of a population of 1.3 billion, and a death toll of nearly a quarter of a million. After sending more than 60 million doses
Air pollution has been termed ‘a silent health Killer’, with the Director-General of the World Health Organization (WHO), Dr. Tedros Adhanom Ghebreyesus, calling it 'the new tobacco'. It is a scourge that kills 7,000,000 individuals consistently, making it a more pressing threat than any other kind of pollution. Just as it affects the Global populace, it likewise impacts virtually all parts of the body. Air pollution is the world’s largest single environmental health risk. According to a number of recent reports and as is communicated regularly in news bulletins from Beijing and New Delhi, the problem of air pollution in today’s
Activists and Hustlers With the recent Twitter war between Nigerian legendary musician, Eedris Abdulkareem and Nigeria’s Minister of State for Labour and Employment, Mr. Festus Keyamo, it is pertinent to examine a range of issues that have sprung out. Eedris Abdulkareem released a remix to his 2004 hit song "Jagajaga" but, this time around, he featured Mr. Raw & Madarocker. On the track, he spoke out against police brutality, the new government, and the notorious Lekki killings of October 10, 2020, citing the deteriorating conditions in Nigeria. In the song, the rapper also called out the minister, accusing him of corruption. The
So I made a conscious visit to major foreign companies in Lagos and Abuja to see for myself the working conditions of people there. Not for any reason though but to have concrete data on chit-chats that I may have heard around. For obvious purposes, I will not mention the names of these companies but I did pick up something from my covert visit; there is a huge financial gap between the foreigners and the locals. Before I continue with the content of my surveillance, I have to personally point out; in a country like Nigeria, education, and handwork put you
When Edward Lorenz gave his revolutionary speech in 1972 titled Predictability: Does the Flap of a Butterfly's Wings in Brazil Set off a Tornado in Texas? he spoke squarely on how microscale disturbances can disrupt the frequency of occurrences of various weather events across the world. It was a simple case of here’s how action A might set off action Z even if they are miles apart. However, since the inception of this theory, this butterfly effect has served as an explanatory yardstick for a myriad of events; some even topically unrelated to weather. Did Lorenz foresee that the modified
A year ago today, the severity of coronavirus disease was only just coming into our global consciousness. We would go on to remember March 2020 as when it all began. I remember that I had just resumed for the last semester of my final year in university, exhausted in advance, and at the forefront of my mind was the bulk of schoolwork that lay in wait for me. The whims of the coronavirus disease were not yet - as it would only a month later when I was thrown into an unending cycle of lockdown- a clear dictator and top