{"id":3191,"date":"2017-04-10T03:04:05","date_gmt":"2017-04-10T03:04:05","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/new-lagos-environmental-law-mortgages-state-to-foreigners\/"},"modified":"2017-04-10T03:04:05","modified_gmt":"2017-04-10T03:04:05","slug":"new-lagos-environmental-law-mortgages-state-to-foreigners","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/new-lagos-environmental-law-mortgages-state-to-foreigners\/","title":{"rendered":"\u2018New Lagos environmental law mortgages state to foreigners\u2019"},"content":{"rendered":"

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PHOTO: Architecture Lab<\/p>\n<\/div>\n

A Lagos group, Concerned Citizens Forum, has given a fresh insight into the state\u2019s new environmental law, describing it as not only draconian, unprogressive and anti-people but designed to mortgage<\/a> it to foreign interests.<\/p>\n

In a statement issued in Lagos and signed by its convener, Michael Olayiwola, the group called on the State Government to immediately embark on a review of the law, stating that if implemented as it is, it will not only render many workers jobless, it will kill local capacity development and investment in the state, a cardinal interest of the government.<\/p>\n

Olayiwola accused the state government of trying to wholly make a foreign company, Visionscape, which has just set up its corporate headquarters in Ikoyi, to take over the business of waste collection and disposal in the state, wondering why a government that has professed to be keen about youth empowerment and human capital development should embark on displacing Nigerians and small scale businesses owned by them and substituting them with foreign business interests that have no known business root in the country before now.<\/p>\n

Olayiwola claimed that the government\u2019s determination to mortgage the state to foreign business interests was further exposed by the provision of the law, which puts the foreign waste operators\u2019 payment on first line charge on government expenditure and provide an irrevocable service payment order for them.<\/p>\n

The group said it was miffed at the provision of the law for public utilities levy (PUL) to replace the current billing system for waste collection and disposal in the state, stating that the plan to have the new levy that was likely to be much higher paid in lump sum annually as against the current practice of paying the waste service charge monthly or bi-monthly.<\/p>\n<\/div>\n

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PHOTO: Architecture Lab A Lagos group, Concerned Citizens Forum, has given a fresh insight into the … \u2018New Lagos environmental law mortgages state to foreigners\u2019<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":3192,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[1399,684,408,312,522,41],"class_list":["post-3191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-development","tag-lagos","tag-mortgage","tag-mortgages","tag-nigeria","tag-property"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/lagos.jpg?fit=1280%2C720&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":5798,"url":"https:\/\/amazingproperty.com.ng\/blog\/cbn-kicks-off-my-own-home-scheme-in-lagos\/","url_meta":{"origin":3191,"position":0},"title":"CBN kicks off \u2018My Own Home\u2019 scheme in Lagos","author":"Amazing Property","date":"August 21, 2017","format":false,"excerpt":"CBN building In a bid to promote increase access to housing finance and home ownership, the Central Bank of Nigeria (CBN) has launched its Nigerian Housing Finance Programme (NHFP) in Lagos area. The new scheme called \u201cMy Own Home\u201d, a Public-Private Partnership (PPP) arrangement is a targeted at providing mortgages,\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"CBN.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/CBN.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/CBN.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/CBN.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/CBN.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/CBN.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":5606,"url":"https:\/\/amazingproperty.com.ng\/blog\/nmrc-refinances-n8-2-billion-mortgages-pledges-homeownership\/","url_meta":{"origin":3191,"position":1},"title":"NMRC refinances N8.2 billion mortgages, pledges homeownership","author":"Amazing Property","date":"August 7, 2017","format":false,"excerpt":"Company Secretary, Nigeria Mortgage Refinance Company (NMRC), Musa Bello (left); Chairman of the board, Dr. Charles Okealaham and Managing Director, Prof. Charles Inyangete during the third annual general meeting in Lagos. ...Signs MOU with Alphamead, OPIC on affordable housing Notwithstanding the harsh operating environment, especially high interest rates and inflation,\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/NMRC-07-08-2017.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/NMRC-07-08-2017.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/NMRC-07-08-2017.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/NMRC-07-08-2017.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/NMRC-07-08-2017.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":6091,"url":"https:\/\/amazingproperty.com.ng\/blog\/group-experts-chart-path-for-low-income-housing\/","url_meta":{"origin":3191,"position":2},"title":"Group, experts chart path for low-income housing","author":"Amazing Property","date":"September 4, 2017","format":false,"excerpt":"Programme Manager of Heinrich Boell Stiftun, Mrs. Monika Umunna, stressed that housing is one of the biggest issues all over the world, which has led to middle income earners and low-income earners having a big challenge of affordable housing, it is more prominent in Lagos. 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FasholaThe minister in his key note address at the Nigerian Stock Exchange, NSE sub-Saharan Africa Real Estate Investment Trust\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Former Lagos State Governor","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/Govfashola1.jpg?fit=412%2C270&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":11382,"url":"https:\/\/amazingproperty.com.ng\/blog\/firm-targets-1500-unit-houses-in-abuja-lagos-others\/","url_meta":{"origin":3191,"position":4},"title":"1500- unit houses in Abuja, Lagos, others","author":"Amazing Property","date":"November 26, 2022","format":false,"excerpt":"\u00a0 To mitigate the nation\u2019s housing deficit, a real estate firm, the COPEN group has indicated readiness to deliver over 1500 housing units across different cities within three years. Managing Director of the Company, Ugochukwu Chime, stated this at the launch of COPEN housing group in Enugu. 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