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Showing posts from March, 2023

Lagos Bus-Train Accident Victims Compensation Committee Submits Report

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 Lagos Bus-Train Accident Victims Compensation Committee Submits Report A nine-member committee set up by the Lagos State Government in the aftermath of the Bus-Train collision of Thursday, 9th March 2023, has submitted its report.  Findings of the report showed that the accident had six fatalities from a total of 102 passengers involved, with 85 passengers on board the Staff Bus, while 17 were on the train.  The Committee as part of its recommendations advised: Death benefits from the Group Life Insurance for families of the deceased, provision of employment to one employable child of the deceased and a concessionary scholarship to one of the deceased's biological children.  Injured accident victims were also recommended in the report to be paid full insurance claims as compensation while any staff victim with a permanent disability is also to be compensated in line with the Group Life Insurance Policy of the State, among other benefits.  The committee, which consists of Permanent

*DSS CONFIRMS PLOT FOR INTERIM GOVERNMENT BY MISGUIDED POLITICAL ACTORS*

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 *PRESS RELEASE* The Department of State Services (DSS) has identified some key players in the plot for an Interim Government in Nigeria. The Service considers the plot, being pursued by these entrenched interests, as not only an aberration but a mischievous way to set aside the constitution and undermine civil rule as well as plunge the country into an avoidable crisis. The illegality is totally unacceptable in a democracy and to the peace loving Nigerians. This is even more so that the machination is taking place after the peaceful conduct of the elections in most parts of the country. The planners, in their many meetings, have weighed various options, which include, among others, to sponsor endless violent mass protests in major cities to warrant a declaration of State of Emergency.  Another is to obtain frivolous court injunctions to forestall the inauguration of new executive administrations and legislative houses at the Federal and State levels. The DSS supports the President and

BREAKING NEWS: GENERAL OLADIPO DIYA IS DEAD@ 78...

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  Late General Oladipupo Diya Ex Chief of General staff. Former Chief of General staff during the regime of Gen. Sanni Abacha, General Oladipupo Diya died in the early hours os Sunday,26th March, 2023.  Nigeria has lost an elder stateman and a brilliant soldier.  May his gentle soul rest in perfect peace.

OLD #500, #1000 ARE LEGAL TENDERS... STATE GOVT., BUSINESSES AND RETAILERS SHOULD RECEIVE OLD NOTES... Rejection of old notes is illegal - LASG.

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 As Received: Lagos StateNews...... Sanwo-Olu: Old Naira Notes Remain Legal Tender  Babajide Olusola Sanwo-Olu Governor, Lagos State. The Lagos State Government has noted the hardship sparked by the Naira redesign policy, which has affected business and commercial activities.   There is no reason to reject the old notes, going by the Supreme Court judgement delivered on March 3, 2023.  The apex court declared that “no reasonable notice was given as required by Section 20(3) of the CBN Act,” noting that the public only became aware of the policy through press remarks, which cannot qualify as a notice to the public. The court maintained that the policy has impeded the functions of State governments, pointing out that the directive that stops the use of the old notes is illegal, unconstitutional, null and void. Governor Babajide Sanwo-Olu has, therefore, called on business owners, especially retailers, to accept the old N500 and N1,000 notes - in line with the Supreme Court judgement that