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Sanwo-Olu Urges Real Estate Synergy
Lagos State Governor, Mr. Babajide Sanwo-Olu, has called for synergy between the public and private sectors to strengthen the real estate industry in Nigeria.
He said his administration will continue to provide policy direction for the private sector for investments, adding that several measures have been put in place for physical planning and urban development to address the issue of building collapse.
Governor Sanwo-Olu spoke during a courtesy visit by leadership of the International Real Estate Federation – Nigerian Chapter (FIABCI-Nigeria), led by the President of FIABCI Africa and Near East Region, Mr. Adeniji Adele.
He said: “It is not only the government that can do it. It is the private sector that can take the lead. We will provide the policy direction, but the private sector must ensure that they continue to make those investments and organise themselves.
“For us, technology is one of the things that have signposted Lagos as one of the acknowledged technologically driven cities in the world. There is a report that came out about a week and a half ago that says Lagos is the highest receiver of growth in terms of technology.”
Speaking on the proposed 75th FIABCI World Real Estate Congress scheduled for July 9 to 13, Governor Sanwo-Olu expressed Lagos State’s willingness to provide necessary support for the event.
He said the event will provide an opportunity for stakeholders in real estate in Nigeria to further deepen the relationship with their peers in other parts of the world and government.
Speaking earlier, the President of FIABCI Africa and Near East Region, Adeniji Adele, said the 75th FIABCI World Real Estate Congress will be held in Lagos from July 9 to 13, noting that this is the first time the congress will be held in Sub-Saharan Africa.
Adele, who is the President of the Organiser Committee, said the conference will involve over 400 high-level participants from more than 40 countries, including government leaders, ministers, global developers, urban planners, investors and leading thinkers.
He said: “The choice of Lagos was not accidental. It was the result of a compelling case. Lagos represents the future of African cities: dynamic, resilient and rapidly transforming. It is the epicentre of innovation, infrastructure development, real estate investment and policy reform. This city’s ongoing evolution aligns perfectly with the 2025 Congress theme ‘Global Real Estate Renaissance’.
“This theme addresses the urgent need for transformative thinking and innovation in our sector. The congress will focus extensively on emerging trends such as proptech (property technology), which is revolutionalising how we build, manage and finance real estate. Lagos, with its thriving tech ecosystem, is uniquely placed to lead this conversation on the continent.
Thenewsnigeria.com.ng
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BREAKING: Court Sentences Nnamdi Kanu To Life Imprisonment
Justice James Omotosho of the Federal High Court, Abuja, has sentenced the leader of the Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu.
Naija News reports that Justice had earlier convicted Kanu on all seven counts levelled against him by the Federal Government.
The judge sentenced Kanu to life imprisonment for count 1, 2, 4,5, and 6.
He also sentenced Kanu to 20 years forcount 3 without option of fine.
The Judge sentenced Kanu to five years in prison on count seven without option of fine.
Justice Omotosho ruled that he should not be kept in Kuje prison. He forfeited Nnamdi Kanu’s radio transmitter and barred him from access to social media.
More are still coming
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Just In: FG Urges Court To Impose Death Sentence On Nnamdi Kanu
The Federal Government has urged the Federal High Court in Abuja to impose the death sentence on the detained leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, following his conviction on all seven terrorism counts.
The request was made on Thursday by the FG’s lead counsel, Chief Adegboyega Awomolo (SAN), shortly after Justice James Omotosho found Kanu guilty of all charges preferred against him.
Awomolo, addressing the court after the verdict, argued that the severity of Kanu’s actions merited the maximum penalty under the law.
The senior lawyer insisted that Kanu committed “many illegalities” and should not be treated with leniency.
Awomolo further reminded the court that four of the seven counts on which Kanu was convicted carry the death sentence under Nigeria’s terrorism laws.
He urged Justice Omotosho to take this into account in determining the appropriate punishment.
“It will not be considered justice that he is isolated and punished lightly in a country where we have Boko Haram, ISWAP, Lakurawa, et cetera,” he argued.
According to the prosecution, Kanu’s actions were as destabilising as those of other violent groups and should be treated with equal seriousness.
Awomolo also urged the judge to ensure that Kanu is kept in a secure correctional facility pending the court’s final pronouncement on sentencing.
He stressed the need to prevent any disruptions or security breaches involving the IPOB leader while the sentencing process is underway.
Kanu was earlier found guilty of inciting violence, ordering attacks on security personnel, calling for killings, and issuing threats capable of terrorising the public, all captured in broadcasts tendered as evidence by the prosecution.
News
Court Finally Delivers Judgement In Nnamdi Kanu’s Terrorism Case
Justice James Omotosho of the Federal High Court, Abuja, has delivered his ruling in the case between the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, and the Federal Government.
Naija News reports that the judgement was given in Nnamdi Kanu’s absence after the judge had ordered security operatives to kick him out of the court over his unruly behaviour.
Nnamdi Kanu had earlier stated that the Federal High Court sitting in Abuja does not have the jurisdiction to try him.
The separatist, who has been in custody since 2021, faced seven terrorism-related charges bordering on alleged incitement, running an unlawful group, and acts threatening national security.
The IPOB leader contended that the Terrorism Prevention and Prohibition Act, under which he is being prosecuted, has been repealed.
He urged the court to strike out the charges, describing them as “disclosing no offence known to law” and therefore invalid.
Kanu also requested that the court nullify the “purported plea of not guilty” entered on his behalf, claiming it was obtained through deception and contrary to a Supreme Court ruling.
He further asked the court to set aside all subsequent proceedings and order his immediate release.
“My contention is very simple: this court lacks jurisdiction to try me,” he said.
Delivering ruling on Thursday, Justice Omotosho ruled that the court has the authority to preside over the Nnamdi Kanu case.
The judge also stated that the matter of extradition has been settled by the Supreme Court, and he ruled against Kanu in this regard.
On the issue of fairness in the hearing for Nnmadi Kanu, Omotosho ruled against the IPOB leader, stating that the court ensured he received a fair hearing.
On the defendant not entering his defence, Justice Omotosho said: “I begged the defendant passionately to enter his defence, but he remained obsolete. That shows that he chose to rest his case on the prosecution. Which is a gamble and a risky action.”
The court found Nnamdi Kanu guilty and convicted him of count 1 in the charges filed against him by the federal government.
The Judge said: “The court will rely on the uncontroverted evidence of the prosecution. This court, therefore, finds that the prosecution has discharged Count 1 beyond reasonable doubt. Consequently, the defendant (Kanu) is hereby convicted in respect of Count 1.”
More judgement is being read and this report will be updated as it comes in…….
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