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NEWS FLASH: NIGERIA’S CONSUMER PROTECTION AGENCY CRACKS DOWN ON DIGITAL LOAN FIRMS

By: Nneka Oduada Eze (Esq)

Over the weekend, some digital loan companies operating within the confines of Ikeja, Lagos State, were raided in a joint operation conducted by the Nigerian Consumer Protection Agency (NCPA) and the Federal Competition and Consumer Protection Commission (FCCPC). The operations were carried out by the NCPA, FCCPC, Independent Corrupt Practices and Other Related Offences Commission (ICPC), National Information Technology Development Agency (NITDA), and the Nigeria Police Force (NPF). The purpose of the purported raid was due to the “possible violation” of consumer rights.

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AVIATION FUEL: WE MAY SHUT DOWN NIGERIA’S AIRSPACE, NCAA BOSS WARNS

By Emmanuel Adefeso Esq.

As the pump price of Jet-A1 otherwise known as Aviation fuel continues to skyrocket, the Director-General of the Nigeria Civil Aviation Authority (NCAA), Captain Musa Nuhu, as alerted the nation that unless something urgent is done to address the current situation in the aviation industry, the agency may be forced to shut down the nation’s airspace for the safety of air travellers.

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LAGOS GOVT MOVES TO TACKLE LAND GRABBING

By Emmanuel Adefeso Esq.

The Lagos State Government has said it would work with relevant agencies to tackle the menace of land grabbing in the state. The state Attorney-General and Commissioner for Justice, Mr Moyosore Onigbanjo (SAN), disclosed this on Thursday at a stakeholders’ forum organised for residents of Badagry.

Onigbanjo, who was represented by the Solicitor General and Permanent Secretary in the ministry, Titilayo Shitta-Bey, noted that the meeting organised by the ministry and the Special Taskforce on Land Grabbers is to sensitise residents to the Land Grabbers Law, 2016.

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NEWS UPDATE: FINANCE ACT: FRESH CRISIS LOOMS OVER STAMP DUTIES COLLECTION

By: Nneka Oduada Eze (Esq)

As the battle on stamp duty collection intensifies, there are indications that the Federal Government and a trade union may be heading for a collision course over whose mandate it is to collect stamp duties and charges.

The Federal Inland Revenue Service (FIRS) and Nigeria Postal Service (NIPOST) have for a while now been embattled over who is authorized by the law to assess, collect and account for the stamp duty charges. NIPOST was stripped of the capacity with the recent signing of the Finance Act by President Muhammadu Buhari. But the Senior Staff Association of Statutory Corporations and Government-Owned Companies (SSASCGOC), an affiliate of TUC, has opposed the development.

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