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Home Blog Page 3916

A Long Term Occupant Can Become The Owner

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I recently read of an incident in Kaduna state where an occupant of a house is claiming ownership of the house due to the fact that he has been in possession of the house for over two decades and it appears that the original owners of the house are deceased or still alive but has abandoned the house due to the religious and tribal crisis that has been plaguing Kaduna state.

From the story, it is common knowledge amongst the members of the community that have resided long in that neighbourhood that the person posing around as the owner of the property and now intending to sell the property to a third party is not the owner and does not have the documents to the property, he only resided in the property for a long period of time, uninterrupted and undisturbed by the rightful owners of the property.

The legal question that an incident like this poses is whether the occupant of a property who has been in possession of the property can claim legal ownership of the property in the absence of the original owner of the property. Secondly, can the occupant of the property give the right root of title to the subsequent purchaser of the property?

The general rule to this effect is that long possession or long occupancy of a property without the intervention of the alleged true owner is a legal ground for the declaration of title. A person who has occupied the property for decades uninterrupted can give out a good root of title to a subsequent buyer of the property whenever he wants to sell.

If a family or an owner of a property has abandoned the property for over two decades it is presumed that the owner or owners of that property no longer need the property or they have left it for the current occupants to have it.

Secondly, an owner of a property who abandoned the property for a long period of time in the possession of another person can be estopped from subsequently commencing an action in court for the recovery of the property. He will be statute barred from commencing an action and this is called statutory estoppel.

If you have an abandoned property and you still have an intention to take possession of that property later on, the best thing to do is to notify the occupants timely of your intention to take over the possession of the property in subsequent time. If you did notify the occupants, you can always evict them because they will only be presumed in law as squatters or at best your tenants.

Be it as it may, an owner of a property who had abandoned the property for a long period of time can always go back to the property to recover possession, all the owner needs to do is to establish that the people in possession of the property are merely trespassers or squatters for it has been decided in a plethora of cases that a trespass no matter how long he takes place can never be converted to title.

ECOWAS Delegates Meet Niger Junta As Tchiani Proposes A Three-year Transition to Civilian Rule

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The Niger Republic coup leader General Abdourahamane Tchiani has proposed a three-year transition to civilian rule, as pressure piles on the junta to restore constitutional order.

Tchiani made the proposal after receiving delegates from the Economic Community of West African States (ECOWAS) as part of diplomatic efforts to resolve the crisis in the West African country.

Former Nigeria’s Military Head of State, Gen Abdulsalami Abubakar, who led the ECOWAS delegates, said they were allowed to see the ousted Niger President Mohamed Bazoum.

Abubakar said the delegation, which has the company of Sultan of Sokoto and ECOWAS Commission President Omar Touray, met with Prime Minister Ali Zeine who received them at the airport and led them to the presidential palace.

They met with Tchiani, and his team for about 90 minutes and later President Mohamed Bazoum.

“We met him and heard his side of the story. He told us what was done to him and the challenges he is facing,” he told journalists.

“We will communicate this to ECOWAS leaders. Doors for talks are now open for a lasting solution.”

Without giving details, the former Head of State said Bazoum told the delegation about the challenges he has faced since he was detained on July 26, when the coup happened. 

The meeting, which is the first successful one between the ECOWAS delegates and the junta since the coup took place, offers hope of a potential end to the crisis through dialogue.

Following a meeting with the Intervention Team of Nigerian Islamic leaders, Tchiani had last week, consented to engage in diplomatic discussions with the ECOWAS.

However, communication between the junta and the ECOWAS was not possible until Sunday. 

The regional bloc said on Friday, after a meeting in Accra Ghana, that its defense chiefs have agreed on an undisclosed date to send troops to Niger Republic if dialogue with the military junta fails to restore the democratic government President Bazoum.

The statement prompted Mali and Burkina Faso to send warplanes to Niger in support of the junta’s military preparation to defend its territory. Also, thousands of people showed up outside the country’s main stadium in Niamey on Saturday to register as volunteer fighters or to help with other needs in case the junta in Niger requires support against a possible military intervention by ECOWAS.

While the ECOWAS delegation’s meeting with the junta offers hope, there is still doubt that the bloc will reach its objective to reinstate Bazoum, given the latest proposal of Tchiani.

Moses’ “Who Am I” And Why Executive Project Sponsors Are Vital in Companies

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And he said to his Lord: ‘Who am I, that I should go to Pharaoh”, the most powerful person in the world. Yes, who am I to take up that established brand in that industry? Who am I to enroll for that certification? And Who am I to meet that customer with our new product?

Good People, we do ask “Who am I” in many ways. The first time I was to speak before Bill Gates, I asked myself, “Who is Ndubuisi Ekekwe” to speak before the richest man in the world for 60 minutes?” Would they cut-off the microphone in the first three minutes because I was wasting his time which runs in $millions per hour. Thankfully, they did not!

Doubts, lack of self-confidence, and feeling unprepared are things which make us humans. And interestingly, solving that problem does not require new degrees, new courses or training; sometimes, it requires hearing from an uncommon “Voice”. For Moses, his Lord assured him that  “I AM WHO I AM”. In primary school, when my peers mocked me for having fairly big eyes, I asked my mother why they were doing that; she gave me an answer: “they’re jealous, your big eyes help you to see Mathematics better’. Fascinatingly, I had an answer, and that mockery stopped because I had an edge!

Understand that Moses is not a weak man: he saw a burning bush which was not consumed by the fire, and went towards it, when many of us could have run away. But meeting Pharoah on the specific task was more than a living burning bush. Yes, tasks and assignments are in categories.

Here, Moses needed a Project Sponsor and that sponsor must provide a validation for him to commit to the task. His Lord, the grand project sponsor, told him to tell his brethren that “I AM” has sent him!  And with Aaron, he went to Pharaoh and told him: “Thus says the Lord, the God of Israel: Let my people go”.

For great projects, Executive Project Sponsors are needed in companies: ‘A project sponsor is a senior management role that provides resources, support, and leadership to the project team and generally “owns” the project. This person also serves as a link between the project manager and other decision-making groups.’ With these sponsors, weakness turns into courage and unbounded inspiration to lead, and deliver results.

And that brings the lesson today: when you are tasked with huge projects, request for an executive project sponsor and once ratified, move with confidence. The same Moses who feared Pharoah later challenged him because he knew that as he pursued the project, the sponsor was behind him. Have a great Sunday!

Reference: Exodus 3 – 5

Tinubu Assigns Portfolios to Federal Ministers in Nigeria (updated portfolio, full list)

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President Bola Tinubu has assigned portfolios to ministers after months of waiting by Nigerians.

The list, which was released on Wednesday, is made up of new appointees, except for a few like the former Minister of State for Labour, Festus Keyamo, who served in the previous administration.

The full list is below:

  1. Minister of Communications, Innovation, and Digital Economy – Bosun Tijani,
  2. Minister of State, Environment and Ecological Management – Ishak Salako
  3. Minister of Finance and Coordinating Minister of the Economy – Wale Edun
  4. Minister of Marine and Blue Economy – Bunmi Tunji
  5. Minister of Power – Adedayo Adelabu
  6. Minister of State, Health and Social Welfare – Tunji Alausa
  7. Minister of Solid Minerals Development – Dele Alake
  8. Minister of Tourism – Lola Ade-John
  9. Minister of Transportation – Adegboyega Oyetola
  10. Minister of Industry, Trade, and Investment – Doris Anite
  11. Minister of Innovation Science and Technology –Uche Nnaji
  12. Minister of State, Labour, and Employment – Nkiruka Onyejeocha
  13. Minister of Women Affairs – Uju Kennedy
  14. Minister of Works – David Umahi
  15. Minister of Aviation and Aerospace Development – Festus Keyamo
  16. Minister of Youth – Abubakar Momoh
  17. Minister of Humanitarian Affairs and Poverty Alleviation – Betta Edu
  18. Minister of State, Gas Resources – Ekperikpe Ekpo
  19. Minister of State, Petroleum Resources – Heineken Lokpobiri
  20. Minister of Sports Development – John Enoh
  21. Minister of Federal Capital Territory – Nyesom Wike
  22. Minister of Art, Culture and the Creative Economy – Hannatu Musawa
  23. Minister of Defence – Mohammed Badaru
  24. Minister of State Defence – Bello Matawalle
  25. Minister of State Education – Yusuf T. Sunumu
  26. Minister of Housing and Urban Development – Ahmed M. Dangiwa
  27. Minister of State, Housing and Urban Development – Abdullah T. Gwarzo
  28. Minister of Budget and Economic Planning – Atiku Bagudu
  29. Minister of Environment and Ecological Management, (reserved for Kaduna State which does not yet have a nominee)
  30. Minister of State, Federal Capital Territory – Mairiga Mahmud
  31. Minister of State, Water Resources and Sanitation – Bello M. Goronyo
  32. Minister of Agriculture and Food Security – Abubakar Kyari
  33. Minister of Education – Tahir Maman
  34. Minister of Interior – Sa’Idu A. Alkali
  35. Minister of Foreign Affairs – Yusuf M. Tuggar
  36. Coordinating Minister of Health and Social Welfare – Ali Pate
  37. Minister of Police Affairs – Ibrahim Geidam
  38. Minister of State, Steel Development – U. Maigari Ahmadu
  39. Minister of Steel Development – Shuaibu A. Audu
  40. Minister of Information and National Orientation –Muhammed Idris
  41. Attorney General of the Federation and Minister of Justice – Lateef Fagbemi
  42. Minister of Labour and Employment – Simon B. Lalong
  43. Minister of State, Police Affairs – Imaan Sulaiman-Ibrahim
  44. Minister of Special Duties and Inter-Governmental Affairs – Zephaniah Jisalo
  45. Minister of Water Resources and Sanitation – Joseph Utsev
  46. Minister of State, Agriculture, and Food Security – Aliyu Sabi Abdullahi

The Nigerian government has approved the redeployment of Abubakar Momoh from the Federal Ministry of Youth to the Federal Ministry of Niger Delta Development. The Federal Ministry of Youth is to be reassigned to a minister-designate soon.

The ministers-designate allocated to the Federal Ministries of Transportation, Interior, and Marine & Blue Economy have been reshuffled as follows:

(A) H.E. Adegboyega Oyetola is redeployed as the Honourable Minister of Marine & Blue Economy

(B) Hon. Bunmi Tunji-Ojo is redeployed as the Honourable Minister of Interior

(C) Hon. Sa’idu Alkali is redeployed as the Honourable Minister of Transportation

Furthermore, both Ministers of State in the Oil & Gas sector are now domiciled in the Federal Ministry of Petroleum Resources with the following designations:

(i) Sen. Heineken Lokpobiri is the Hon. Minister of State (Oil), Petroleum Resources

(ii) Hon. Ekperipe Ekpo is the Hon. Minister of State (Gas), Petroleum Resources

The president approved the renaming of the Federal Ministry of Environment and Ecological Management as the Federal Ministry of Environment. All aforementioned changes take immediate effect by these directives of the President.

List of Nigeria’s New Ministerial Nominees from Tinubu by State of Origin

List of Nigeria’s New Ministerial Nominees from Tinubu by State of Origin

Building Wealth with, Immutable, VeChain, Everlodge: Experts Weigh In

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In this comprehensive guide, we will delve into three potential investment opportunities: Everlodge, ImmutableX, and VeChain. It is noteworthy that Everlodge is currently still in its presale phase, a crucial stage that offers discounted tokens with bonuses. Let’s take a look at what top investment professionals have to say about these three platforms.

Everlodge (ELDG): Bridging Luxury and Blockchain

Everlodge  is innovatively reshaping the real estate landscape by introducing a blend of property co-ownership with NFT technology. With an investment as minimal as $100, Everlodge users can own a share of multi-million dollar vacation properties.

Luxury villas and hotels are transformed into digital assets and minted into NFTs, embedding all necessary information within the smart contract’s metadata. The NFT is then divided into smaller parts, allowing many investors to buy into properties like a $5 million villa being split into 50,000 shares at $100 each.

Alongside individual ownership, Everlodge’s Launchpad provides an avenue for property developers to secure capital from the community. This initiative not only facilitates new developments but also grants investors early access to potentially lucrative projects.

The Everlodge ecosystem is powered by its native token, ELDG, which serves as the primary payment method within the platform. Benefits for ELDG holders include discounts on trading and maintenance fees, as well as opportunities for staking to generate a stable monthly income.

The ELDG token is now on sale for just $0.01 during the first phase of the presale. Early participants stand to make huge gains as prices are set to rise in subsequent phases. Market projections suggest a 280% increase during the presale stage, followed by a 30-fold rally upon reaching tier-1 exchanges.

By seamlessly combining traditional real estate investment with cutting-edge blockchain technology, Everlodge is creating a novel investment model that democratizes luxury property ownership and offers promising returns.

ImmutableX (IMX): Price Analysis and Future Predictions

ImmutableX, a layer-2 scaling solution leveraging ZK-rollup technology, allows Ethereum-based smart contracts to process high volumes of transactions cost-effectively and securely. ImmutableX’s capabilities have made it a popular choice for DeFi, NFT projects, and notably, GameStop’s new NFT marketplace.

ImmutableX’s collaboration with GameStop has significantly boosted ImmutableX’s standing. The price of ImmutableX surged by over 100% from January to late March, with a peak set at $1.60.

ImmutableX is now trading at $0.74 after the hype around the ImmutableX partnership with GameStop faded. Still, analysts predict that ImmutableX has a bullish future and will rise to $0.85 resistance in the short term.

VeChain (VET): A Favorable Outlook that Comes Up Short Against Everlodge (ELDG)

VeChain has etched its place as the preferred enterprise blockchain for organizations seeking to utilize distributed ledger technology. With an established infrastructure and notable partners like BMW, PwC, and Walmart China, VeChain’s position looks promising.

In the 2021 bull run, these alliances catalyzed VeChain’s price to jump from $0.011 to over $0.28. However, as the broader crypto bull run petered out, VeChain (VET) has retraced to its current price of $0.020.

Despite the bearish overall market, analysts highlight VeChain’s robust fundamentals paint a favorable outlook for the coin. They anticipate VeChain rising to the $0.10 zone if it can break the $0.033 resistance point.

Analysts are also keen to highlight that while VeChain should rise toward the all-time high again, any gains will be less than what phase 1 of the Everlodge presale will bring. While VeChain is battling to prove its high market valuation, Everlodge is yet to fully realize its explosive potential.

Find out more about the Everlodge (ELDG) Presale

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge