₦airaland Forum

Treash:
Two plots measuring 1,944.596 Square Meters by the main road is for sale.

Location: Besides Food City, opposite NNPC, Idimu Road, Egbeda Lagos State.

Asking price: #200,000,000

Title: Governor's Consent and Registered survey plan.

Contact the solicitor, Treash Legal on 08068088866 or 09163521299 or ay4u888@gmail.com

Treash:
Cryptocurrency trading is not illegal in Nigeria. This was contained in a judgement between Risevest Technologies and CBN. The Federal High court pointed that the CBN had failed to discharge the burden of proof neither did they produce any law that criminalises dealing in cryptocurrency. Further more, trading of cryptocurrency cannot be held to be illegal based on mere circular by CBN. The court further discharged the interim freezing order against Risevest Technologies.

Treash:
There are certain factors guiding land transactions in Nigeria, especially before you pay.

1. Before a party can sell land to another, the consent of the Governor of such State is required. However, a property with an initial C of O needs no governor's consent, because both documents originate from the State government. Simply put, C of O and Governor's Consent have the same effect. But where the owner of a land with C of O sells same land to another person, such subsequent buyer must process his application for Governor's Consent. This is because the initial C of O carries the name of the previous owner.

2. Under the law, a person under the age of 21 (twenty-one) cannot be granted a Statutory right of occupancy. This implies that a C of O or permission to own land cannot be issued to a child below 21 years.

3. Without the approval of the National Council of States, a non-Nigerian cannot be granted a right of occupancy. This implies that a non-Nigerian cannot be given license to own land in Nigeria, except with the written approval of the Council of State.

4. Where a land belongs to a community or family, the consent of the family head or community head must be obtained before there can be a valid sale. Any sale of family or community land without the consent of the head of that family, such a sale is invalid. Any sale of community land without the consent of the Community Head, shall be set aside.

5. Covenant in a lease may also restrict the sale and transfer of land. For example, if a property is leased/rented, the written tenancy agreement is to the affect that, you are not permitted to sell the property leased to you.

6. The law also state that, any land owed by a Nigerian Coal Corporation cannot be sold except with the written permission of the Federal Minister in charge. This implies that, for example, before we purchase any property belonging to a Federal agency like NNPC, the consent of the Minister must be sought and obtained, else the sale wil be invalid even after you build on it.

7. Town planning laws may also restrict the sale of certain lands where the purposes for which they are intended to be used are contrary to the purposes of town and planning laws. For example, an industrial place designated for such industrial purpose should strictly be abided to rather than using it for something else like residential or religious purpose.

8. In Lagos, the law states that the sale of any land which the Lagos State government has marked for road construction shall be in nullity. This means that once a land is marked for road purpose, such land is not permitted to be sold for use.

9. Doctrine of ‘ Lis Pendis’ : This means that once a land matter is in court between two parties, no one is allowed to sell/buy such land until the case has been concluded and final judgement is given.

In this regard, I urge you to carry out your due investigation and search before purchasing any property in Nigeria.

Barr. Ayo Adeolu Aderinto.
08068088866.
ay4u888@gmail.com

Treash:
There are certain factors guiding land transactions in Nigeria, especially before you pay.

1. Before a party can sell land to another, the consent of the Governor of such State is required. However, a property with an initial C of O needs no governor's consent, because both documents originate from the State government. Simply put, C of O and Governor's Consent have the same effect. But where the owner of a land with C of O sells same land to another person, such subsequent buyer must process his application for Governor's Consent. This is because the initial C of O carries the name of the previous owner.

2. Under the law, a person under the age of 21 (twenty-one) cannot be granted a Statutory right of occupancy. This implies that a C of O or permission to own land cannot be issued to a child below 21 years.

3. Without the approval of the National Council of States, a non-Nigerian cannot be granted a right of occupancy. This implies that a non-Nigerian cannot be given license to own land in Nigeria, except with the written approval of the Council of State.

4. Where a land belongs to a community or family, the consent of the family head or community head must be obtained before there can be a valid sale. Any sale of family or community land without the consent of the head of that family, such a sale is invalid. Any sale of community land without the consent of the Community Head, shall be set aside.

5. Covenant in a lease may also restrict the sale and transfer of land. For example, if a property is leased/rented, the written tenancy agreement is to the affect that, you are not permitted to sell the property leased to you.

6. The law also state that, any land owed by a Nigerian Coal Corporation cannot be sold except with the written permission of the Federal Minister in charge. This implies that, for example, before we purchase any property belonging to a Federal agency like NNPC, the consent of the Minister must be sought and obtained, else the sale wil be invalid even after you build on it.

7. Town planning laws may also restrict the sale of certain lands where the purposes for which they are intended to be used are contrary to the purposes of town and planning laws. For example, an industrial place designated for such industrial purpose should strictly be abided to rather than using it for something else like residential or religious purpose.

8. In Lagos, the law states that the sale of any land which the Lagos State government has marked for road construction shall be in nullity. This means that once a land is marked for road purpose, such land is not permitted to be sold for use.

9. Doctrine of ‘ Lis Pendis’ : This means that once a land matter is in court between two parties, no one is allowed to sell/buy such land until the case has been concluded and final judgement is given.

In this regard, I urge you to carry out your due investigation and search before purchasing any property in Nigeria.

Barr. Ayo Adeolu Aderinto.
08068088866.
ay4u888@gmail.com

Healthrelatedjo:
Where exactly in abk do u want the hall to be sir/ma

Healthrelatedjo:
My elder sis is into event planning,and I can link you guys up tomorrow on phone,she's abk based.thanks.

Treash:
“Since suspension is not a termination of the employment contract nor a dismissal of the employee, the implication is that the employee is still in continuous employment of the employer until he is recalled or formally terminated or dismissed. Pending his recall or dismissal, a suspended employee is entitled to his wages or salary during the period of suspension, unless the terms of the contract of employment or the letter of suspension itself is specific that the suspended employer will not be paid salaries during the period of suspension.

GLOBE MOTORS HOLDINGS NIGERIA LIMITED v. AKINYEMI ADEGOKE OYEWOLE

Treash:
A warehouse for short term lease.

Size: 350Sqmts

Location: Plot 7,8,9 Okunsaga layout, Eleyele, Ibadan, Oyo State.

Price per annum: 1.2M

Contact the solicitor on 08068088866.

Treash:
4 bedroom duplex at AIT Road, Alagbado, Lagos State. All ensuite and furnished.

C of O

Price is 50M, slightly negotiable.

Contact the solicitor, Treash Legal on 08068088866 or 09163521299 or ay4u888@gmail.com

Treash:
Can we get a half plot of land either in Magboro, Asese, Arepo or Ibafo? Price please. Not from real estate companies.

08068088866

Treash:
The position of the law is that an illegal property acquisition CANNOT be cured by obtaining a Certificate of Occupancy (CofO) on the property. If you acquire a CofO on an improperly or illegally acquired land, the exercise is fruitless and the CofO is worthless. 

This was what the Supreme Court said in a recent case that there must have been an entitlement to a statutory right of occupancy before a certificate can be given as evidence of such right. The court further held that when there is no initial right and a certificate is issued, such certificate is not worth even the paper it is written on.

Therefore, it is pertinent to do your due diligence before acquiring a property in the first place. After proper acquisition, you can then proceed to obtain your Certificate of Occupancy or Governor's Consent as the case may be.

Treash:
Years back, some people here fell victim coz they thought Val was a moment of love but it ended elsewhere. Many ladies will fall victim next week. Many plans are going underground in relationships; pre-val shots, and gifts unraveling but it will end sour afterwards. This time isn't the best moment to hunt passionately for love. Don't be in a hurry. If loneliness is suitable for this era, so be it. If only you have ear, then listen.