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Designer Of 1004 Estate, Fola Alade, Is Dead

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One of Nigeria’s first four Architecture graduates, Fola Alade, is dead, aso Naija reports.

Alade died on Saturday at the age of 87, family sources in Aramoko-Ekiti said.

Architectural masterpieces bearing his insignia are the 1004 Housing Estate, Victoria Island, Lagos, defunct Federal Secretariat building, Ikoyi, Lagos, and the National Stadium, Surulere, Lagos.

Others are the Remembrance Arcade, Tafawa Balewa Square, Lagos, Satellite Town, Lagos, Nigerian Air Force Base, Ikeja, and the Nigerian Institute of Policy and Strategic Studies building, Kuru, near Jos.

Yet others are the National Judicial Institute, Abuja, and Nigerian Embassy buildings in 11 countries.

Fola Alade graduated from the Nigerian College of Arts & Sciences and Technology, Zaria (now Ahmadu Bello University) in 1961 as one of the first four Architecture graduates.

Thereafter, he completed his post-graduate studies at the Architectural Association School of Tropical Studies, London in 1965, on a Commonwealth Scholarship.

He was the first Architect to become a Federal Permanent Secretary in 1976, a post he held until his retirement in 1979 after which he established his private practice Fola Alade Associates in 1979.

READ ALSO: ASUU Threatens To Embark On Strike

After his post-professional training, he became an associate of the Royal Institute of British Architects and Architects’ Registration Council of the United Kingdom in 1963.

He joined the Federal Ministry of Works and Housing as a Resident Architect in the old Western Region and later Lagos City Council.

In 1969, he became the first Registrar of the Architects Registration Council of Nigeria. He served as the General Secretary of the Nigerian Institute of Architects.

He was appointed as Pro-Chancellor and Chairman Governing Council of the Federal University of Port Harcourt in 1990.

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NEWS

Lagos Resident Matched To Death At Nigerian Customs Office While Trying To Buy ‘Cheap Rice’

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A Lagos State resident whose identity has yet to be known has reportedly died after he was matched at the Nigerian Customs office in Lagos while trying to buy cheap rice, Aso Naija Reports.

The deceased was on the queue with his wife when he fell down and couldn’t get up on time which resulted in people stamping on him.

An X user, Dr. Adunola, @yemoka who said the man died in her hospital, said that the deceased was trampled on after falling at the Customs office trying to get rice.

 

According to her, the deceased was on the queue with his wife when he fell down and couldn’t get up on time which resulted in people stamping on him.

She wrote, “A man just died in my hospital, he was stamped on after falling at the Customs office trying to get rice.

He was on the queue with his wife when he fell down and couldn’t get up on time which resulted in people stamping on him. So sad. Survived by very young children.”

 

Another X user shared another resident of the state who said that he was at the Customs office in the Yaba area of the State to buy rice and there were at least 10,000 people struggling to buy rice but uniformed officers from all forces were given special attention.

 

“I went to that Customs place in Yaba today to buy Rice. Let’s just say this country has zero chance of being better. They beat the shit out of us in the queue.

 

“Uniform officers from all forces were given priority. There are at least 10,000 people. When I had enough, I went back to my house. 5 hours wasted.

 

“The pressure of the people pulled down a section of their fence. Come and see the beating. They even beat one woman in a wheelchair. If you record and they catch you, they will seize your phone,” the resident said.

 

On Tuesday, the Nigerian Customs Service (NCS) disclosed that its operatives will distribute all confiscated food products nationwide.

 

The Nigerian Customs Service spokesperson, CSC Abdullahi Maiwada, who made this known in a press statement said that the decision was taken to alleviate the current hardships faced by Nigerians and to solve serious problems of food security and the skyrocketing prices of basic food items in the country.

 

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NEWS

Blackout: Corpses Are Decomposing In Army Mortuaries — COAS Lagbaja Says 

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The Chief of Army Staff, Lt General Taoreed Lagbaja, says that corpse in mortuaries in some barracks of the Nigerian Army are decomposing over an ongoing power outage, Aso Naija Reports.

The Army chief disclosed this when he visited the Minister of Power, Chief Adebayo Adelabu, in Abuja, to seek intervention in its N42 billion debt owed to Abuja Electricity Distribution Company, AEDC.

He appealed for the liquidation of the electricity debt of the Nigerian Army following the disconnection of various Army barracks and cantonments by power distribution companies.

READ ALSO:Nigeria Customs Service Begins Sale of Confiscated Rice to Alleviate Hunger

Nigeria Customs Service Begins Sale of Confiscated Rice to Alleviate Hunger

Lagbaja, in a statement issued in Abuja by the media aide to the power minister, Bolaji Tunji, said the main reason for his visit was to discuss the consequences of the power outage in Army formations and the way forward.

“Debt owed is loaded on the meter, so no matter the amount of credit we put, the meters pick it automatically. Corpses in the Army mortuaries are decomposing and the owners of the corpses are protesting,” he said.

Adding that, “the army couldn’t raise funds to pay the entire debt, as he solicited liquidation as was done in 2005 by the then President.“

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ECONOMY

Hardship: Lagos Govt Plans Distribution of Palliatives

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Lagos State Governor, Babajide Sanwo-Olu, on Thursday, announced his government’s plan to begin distribution of palliatives among other initiatives to ease the effect of high cost of living in the country.

Sanwo-Olu disclosed this in a live media chat with journalists on Thursday.

He said, “On the food palliatives, as we speak, I’m expecting over 200 trailers of rice coming from up north.

“Food purchase and distribution that will cover about 300,000 households that will have 10kg rice, 5kg garri, 5kg beans and have other small things like tomatoes in a combo bag.”

READ ALSO: Ondo State Govt Declares 2 Days Public Holidays As Late Gov. Akeredolu’s Funeral Commences

The governor added that there will be “Sunday Markets” where Lagosians can buy food items at discounted rates.

He said, “We are going to be opening ‘Sunday Markets’ in about 42 markets in Lagos. This time you’ll be buying at a reduced cost. We’re going to cap what you can buy at not more than N25,000 and we’re going to be giving you a 25% rebate immediately there.

 

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NEWS

Binance Collaborates with Nigerian Government to Enforce Regulatory Compliance on Its Platform

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Binance, a prominent cryptocurrency company, has announced its collaboration with the Nigerian government to address non-compliant activities on its platform in accordance with the country’s regulations, Aso Naija Reports.

In a statement emphasizing its commitment to peer-to-peer (P2P) users in Nigeria, Binance cautioned that individuals engaging in manipulative behavior would be expelled from the platform.

Binance expressed its proactive approach by working closely with local authorities, lawmakers, and regulators to ensure compliance.

To reinforce its commitment, the cryptocurrency exchange platform has implemented several measures, including setting an upper limit for advertisements, filtering and removing inappropriate ads, requiring merchants posting ads to provide higher deposits, and establishing procedures to take action against any market manipulation attempts.

On a recent Tuesday, Binance temporarily disabled the sell option for Nigerian users, preventing them from selling their fiat currency, USDT, on the platform.

Additionally, the buy option for Nigerian users was capped at $1802.

READ ALSO: Federal Government Blocks Binance, OctaFX, Others

Furthermore, Binance disabled the purchase of cryptocurrencies via P2P for Nigerian users, thereby affecting those who intended to sell their cryptocurrency assets such as Bitcoin, BNB, and Ethereum through P2P transactions.

These actions are part of the Nigerian government’s ongoing efforts, led by the Tinubu administration, to address the depreciation of the naira against the dollar.

Additionally, sources close to the Nigerian government have been discussing how cryptocurrencies have provided an avenue for individuals to bypass the country’s initiatives to increase dollar liquidity.

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NEWS

Forex Crisis: Federal Government Blocks Binance, OctaFX, Others

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The federal government has reportedly blocked the online platforms of Binance and other crypto firms to avert what it considers continuous manipulation of the forex market and illicit movement of funds, Aso Naija Reports.

Sources within the major telecommunication companies in the country on Wednesday evening, February 21, that the Nigerian Communications Commission (NCC) communicated the directive to telcos and they had started acting on it.

Apart from Binance, other platforms such as Forextime, OctaFX, Crypto, FXTM, Coinbase, Kraken, among others, were equally blocked.

READ ALSO: Professor Dies Due to Lack of Access to Quality Medical Care

According to the publication, Presidency and regulatory sources said the government decided to move against Binance and other crypto firms following reports that currency speculators and money launderers were using them to execute criminal activities.

Authorities believe the ‘criminal activities’ going on on platforms are contributing significantly to the weakening of the naira.

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