Connect with us

NEWS

Osun State to ‘state Of Osun’: Court Declares Name Change Illegal

Published

on

An Osun State High Court sitting in Ilesa has said the changing of ‘ Osun State ’ to ‘ State of Osun ’ by the administration of Governor Rauf Aregbesola is illegal .

Justice Yinka Afolabi , while delivering the judgment on Thursday in a case instituted by Chairman , Nigerian Bar Association , Ilesa branch, Mr . Kanmi Ajibola , challenging the legality of the “ State of Osun Land Use Charge Law, ” held that the law and its makers were unknown to the 1999 Constitution.

Aregbesola had changed the name of the state from ‘ Osun State ’ to ‘ State of Osun ’ in 2011; but the NBA chairman , who is a human rights activist , approached the court in 2016 and asked the court to declare as null and void all transactions done by the state with the name ‘ State of Osun. ’

Afolabi also declared that the makers of the law , who are currently serving as members of the State House of Assembly , were not sworn in as members of the ‘ State of Osun House of Assembly, ’ but as members of ‘ Osun State House of Assembly, ’ going by the Seventh Schedule of the Constitution.

He said , “ The executive governor of the state changed the name in 2011. The renaming of a state goes further and deeper for anyone to single -handedly do.

“ To re – order the name of Osun State as “ State of Osun ” is hereby declared as illegal , null and void .

“ On the oath of allegiance, I state that the Seventh Schedule is part of the law . It is not a mere draft or a mere oath . It does not give room for any alteration.

“ After deposing to an oath of office , you cannot turn around to do otherwise , ” Justice Afolabi stated .

The plaintiff had sought an order setting aside the “ State of Osun Land Use Charge Law , 2016, ” having been enacted by the legislative body that is not known to the Constitution and for the state not known to the 1999 Constitution of the Federal Republic of Nigeria ( as amended) . It is not enforceable in Osun State .

Among other reliefs sought , the plaintiff also prayed for “ a declaration that Osun State Government , having been delegated with the power to collect Land use charge revenue by the provisions of sections 2( 2) and ( 3) of the “ State of Osun Land use charge Law, 2016, ” sections 4( 1) , 8( 2) , 10( 1) & ( 5) , 16( c) ( i) & ( ii ) , 17, 18, 21( 3) and 22 of the “ State of Osun Land use charge Law , 2016, ” are not operable without appointing the Commissioner of Finance in Osun State .

Justice Afolabi threw out all the arguments by the State Attorney- General , Dr . Basiru Ajibola , who was the counsel for the governor and the state government and that of the Director of Legal Services , Mrs . Rachel Ojinni, as he granted all the seven prayers of the plaintiff.

Ajibola said the state government would appeal the verdict at the Court of Appeal.

EVENTS

Nigeria Selects “Mai Martaba” As International Feature Film (IFF) Contender For 2025 Oscars

Published

on

Mai Martaba as international feature film contender | fab.ng

The Nigerian Official Selection Committee has selected the epic Hausa film, Mai Martaba as its contender for the International Feature Film (IFF) category at the 97th Academy Awards. The Committee announced in an official statement that they selected the film to contend for the Oscars because of its theme and visual appeal.

Continue Reading

MUSIC

Don Jazzy Announces Tega Oghenejobo As The New President Of Mavin Records

Published

on

Tega Oghenejobo As The New President Of Mavin Records | fab.ng

On Tuesday, October 29, 2024, Michael Collins Ajereh, the visionary founder of Mavin (Records) Global, better known by his stage name Don Jazzy, announced a significant expansion within the company. He announced Tega Oghenejobo as the new president of Mavin Records.

Tega has been an integral part of Mavin’s journey. Now, his position as President has elevated his status in the company. In addition, he has been in the existing role of Chief Operating Officer (COO).

Don Jazzy expressed his admiration for Tega’s passion and resilience. He acknowledged his ability to spot these qualities in Tega from the early stages of their professional relationship.

He said,

I’m proud to announce @TEGAMAVIN expanded role as President and COO of Mavin. I am often praised for being able to spot and raise superstars, but I can proudly say the most genius thing I have done in my life was being able to spot the passion and resilience in Tega.”

“From the early days, I’ve watched him be curious about the business, build teams, develop executives, and ensure our talents have sustainable careers from the start. His commitment to growing Mavin and shaping the future of African music has been relentless, and I’m confident that with him in this role, we’ll continue to break new ground and achieve even bigger milestones for our artists and company,” he added.

Accepting the appointment gracefully, Tega Oghenejobo said,

“I’m honored to step into this new role as President & COO of Mavin Records. It means embracing new challenges, setting new goals, and reaching new heights. Thank you, Supreme Leader @donjazzy, for your unwavering belief and trust in me to lead the Mavin team.”

Check here for more updates.

Continue Reading

BUSINESS

Moniepoint Reaches African Unicorn Status With $110 Million Funding Boost

Published

on

Moniepoint reaches African unicorn status | fab.ng

Moniepoint Inc., a leading fintech company in Africa, has successfully raised $110 million in equity financing. This is to power the dreams of millions of businesses and their customers across the continent and the diaspora.

The Series C investment was led by Development Partners International’s African Development Partners (ADP) III fund. It is a premier fund focused on Africa.

Additionally, new investors joined the funding round. This includes a leading African private equity firm, Google’s Africa Investment Fund and Verod Capital. Existing investor, Lightrock, a global impact firm, also participated.

Tosin Eniolorunda and Felix Ike founded Moniepoint (formerly known as TeamApt) in 2015. Initially, it focused on providing infrastructure and payment solutions for banks and financial institutions. It has since grown into Nigeria’s leading business banking provider, trusted by millions of businesses.

The capital raised will be used to accelerate growth for Moniepoint across Africa.

Further, that entails building an all-in-one, seamlessly integrated platform for African businesses of all sizes. This platform will include services such as digital payments, banking, foreign exchange (FX), credit, and business management tools, making it a one-stop shop for business solutions.

Moniepoint’s exceptional contributions to Nigeria’s financial services sector have been widely acknowledged, along with its enviable track record of serving customers across Africa.

Each month, Moniepoint processes over 800 million transactions, with a monthly total value exceeding $17 billion, all while operating profitably.

Tosin Eniolorunda, Founder and Group CEO of Moniepoint Inc., expressed his excitement about the successful funding round and the company’s plans to expand its offerings and reach across the African continent.

Continue Reading

Latest

Habits That Cause Mouth Odour Even After Brushing | fab.ng Habits That Cause Mouth Odour Even After Brushing | fab.ng
HEALTHY LIVING2 hours ago

12 Daily Habits That Cause Mouth Odour Even After Brushing

Bad breath can be frustrating, especially if it lingers even after brushing. Certain habits that cause mouth odour even after...

Tips For Blending Lipstick Colours Perfectly | fab.ng Tips For Blending Lipstick Colours Perfectly | fab.ng
BEAUTY6 hours ago

5 Pro Tips For Blending Lipstick Colours Perfectly

In the world of makeup, nothing makes a statement like lip colour. But why stick to a single shade when...

The Tallest Building In Nigeria | fab.ng The Tallest Building In Nigeria | fab.ng
ARTS & CULTURE7 hours ago

Here’s The Tallest Building In Nigeria

The tallest buildings often shape a city’s skyline, and Lagos, Nigeria’s bustling metropolis, proudly showcases this in its towering structures....

Mai Martaba as international feature film contender | fab.ng Mai Martaba as international feature film contender | fab.ng
EVENTS3 days ago

Nigeria Selects “Mai Martaba” As International Feature Film (IFF) Contender For 2025 Oscars

The Nigerian Official Selection Committee has selected the epic Hausa film, Mai Martaba as its contender for the International Feature...

Tega Oghenejobo As The New President Of Mavin Records | fab.ng Tega Oghenejobo As The New President Of Mavin Records | fab.ng
MUSIC3 days ago

Don Jazzy Announces Tega Oghenejobo As The New President Of Mavin Records

On Tuesday, October 29, 2024, Michael Collins Ajereh, the visionary founder of Mavin (Records) Global, better known by his stage...

Moniepoint reaches African unicorn status | fab.ng Moniepoint reaches African unicorn status | fab.ng
BUSINESS4 days ago

Moniepoint Reaches African Unicorn Status With $110 Million Funding Boost

Moniepoint Inc., a leading fintech company in Africa, has successfully raised $110 million in equity financing. This is to power...

Jannik Sinner withdraws from Paris Masters 2024 | fab.ng Jannik Sinner withdraws from Paris Masters 2024 | fab.ng
FOREIGN4 days ago

World Number One Jannik Sinner Withdraws From The ATP Rolex Paris Masters 2024

Tournament organizers announced on Tuesday that world number one Jannik Sinner (23) will not participate in the Paris Masters indoor...

Just Us Girls returns for a third season this November | fab.ng Just Us Girls returns for a third season this November | fab.ng
MOVIES4 days ago

“Just Us Girls” Returns For A Third Season This November

The creators of “Just Us Girls” have launched the third season of their popular Nigerian web series. The season will...

Vinicius Junior Believes Racism Led To Ballon d'Or Defeat | fab.ng Vinicius Junior Believes Racism Led To Ballon d'Or Defeat | fab.ng
SPORTS4 days ago

Vinicius Junior Believes Fighting Racism Led To Ballon d’Or Defeat

Vinicius Junior, the 24-year-old Brazil and Real Madrid forward addressed his second-place finish in the Ballon d’Or voting on Monday....

Tosin Igho unveils trailer ahead of his movie, ‘Suspicion’ | fab.ng Tosin Igho unveils trailer ahead of his movie, ‘Suspicion’ | fab.ng
MOVIES4 days ago

Nollywood Director, Tosin Igho Unveils Trailer Ahead Of His Movie, “Suspicion”

Director Tosin Igho has released the trailer for his latest thriller, “Suspicion”. The movie will premiere on Prime Video on...

-Ad-

under40ceos-starting-a-business
under40ceos-starting-a-business

Trending