TRAGEDY AVERTED AS 120-YEAR-OLD ANCESTRAL TREE FALLS AT OBOSI MARKET. (PHOTO).#PRESS RELEASE.

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 Tragedy Averted as 120-Year-Old Ancestral Tree Falls at Obosi Market By Chiedu Okoye A major tragedy was averted at Eke Obosi Market in Idemili North Local Government Area of Anambra State after a 120-year-old ancestral tree collapsed, destroying shops and goods but leaving traders and visitors unharmed. The massive tree, estimated to be about 150 feet tall, fell within the market premises, damaging at least 12 shops and valuable merchandise. Residents and traders described the incident as miraculous, noting that no lives were lost despite the extent of the destruction. The fallen tree held significant cultural importance as a sacred symbol of Eke Obosi Market, which is regarded as a stronghold of the traditions and cultural heritage of the Obosi people. Beyond serving as a centre for commercial activities, the market is also known as a venue for communal traditional rites and ceremonies. Eke Obosi Market was recently rebuilt and modernised by renowned businessman, politician and ...
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WIKE ORDERS ABUJA LAND OWNERS WITH C-OF-O TO PAY RECERTIFICATION FEE.(PHOTO).

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Wike orders Abuja land owners with C of O to pay recertification fee

Minister of the Federal Capital Territory, Nyesom Wike, on Friday, directed existing landowners with Certificate of Occupancy (C of O) to pay for re-certification.
 
Wike, who spoke on a live television programme in Abuja, said the new C of O would require a National Identification Number (NIN) and Bank Verification Number (BVN).

He said since assumption of office, he decided not to sign any C-of-O because of the need to introduce enhanced security measures.

The Minister said an individual would pay N50,000 while a corporate body would pay N100,000 for the new C of O.

Wike said, “There are a lot of discrepancies, a lot of cloning of C-of-Os, so we have come up with an idea that every allottee who seeks and applies for a C-of-O must supply his NIN; this is one of the features we are going to put in the new C-of-O.

“If a corporate body doesn’t have an NIN and they have a property, they must put their BVN. So many persons have not registered, and this will make them go and re-register.”

He said existing landlords with C-of-Os would only be required to pay a nominal fee for recertification.

He said, “For everyone who has a C-of-O, they will come for a recertification, so that we can incorporate the NIN or BVN.

“Those who had a C-of-O before don’t need to pay money again; the highest they can pay is N50,000, and corporate bodies will pay N100,000. It helps in terms of security; it also helps to improve our revenue generation.”

Wike also hinted that the cost of obtaining new C of O, which was initially fixed for N5m might be reduced to N3.5 million.

 

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