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Senate passes bill to establish Real Estate Regulatory Council

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The Senate on Wednesday passed a bill to establish the Real Estate Regulatory Council of Nigeria.

The Council when established would, amongst others, curb fraudulent practices to ensure that the real estate business confirms with the National Building Code in Nigeria.

The bill which scaled third reading during plenary is tagged: The Real Estate Regulatory Council of Nigeria (Establishment) Bill, 2021.

The bill sponsored by Senator Aliyu Wamakko was read for the first time on April 28, 2021, and a scaled second reading on June 22, 2021.

The passage of the bill on Wednesday followed the consideration of a report by the Committee on Establishment and Public Service.

The report was laid during plenary by the Deputy Chief Whip, Senator Aliyu Sabi Abdullahi.

Senator Nicholas Tofowomo, who presented the report on behalf of the Committee Chairman, Ibrahim Shekarau, said the establishment of the Real Estate Council of Nigeria would provide efficient, effective and transparent administration of the business of real estate development in Nigeria.

According to the lawmaker, the Council would be responsible for prescribing minimum standards for the conduct of the businesses of real estate development across the country.

He recalled that the bill seeking to establish the Real Estate Council of Nigeria was passed by both chambers of the eighth National Assembly, but was not assented to by President Muhammadu Buhari.

He said the President’s decision to withhold assent to the bill was as a result of certain observations raised by stakeholders at the time.

“Those observations have been taken care of in this report by the Committee following the engagement with stakeholders to ensure that real estate business in Nigeria confirms with the Money Laundering Act 2011 (as amended) and the Nigeria Financial Intelligence Unit Act 2018 in terms of Anti-Money Laundering and Counter Terrorism Financing due diligence compliance”, Tofowomo said. 

He explained that when established, the Council would standardize the business of real estate by regulating the conduct of transactions; and provide enabling environment and transparency in the business of real estate development in Nigeria.

The lawmaker stated that it would also curb fraudulent practices to ensure that the real estate business confirms with the National Building Code in Nigeria; as well as create an innovative and sustainable environment to promote Nigeria as a real estate investment destination in Africa and the world.

Meanwhile, two bill seeking to establish the Federal Orthopedic Hospital, Patigi, Kwara State; and Federal University of Agriculture, Akure, Ondo State, have passed second reading in the Senate.

The bills were sponsored by Senators Sadiq Suleiman Umar (Kwara North) and Patrick Ayo Akinyelure (Ondo Central).

The bills after scaling second reading were referred by the Deputy Senate President, Ovie Omo-Agege, who presided over plenary on Wednesday to the Committees on Health (Secondary and Tertiary); and Tertiary Institutions and TETFUND for further inputs.

Both Committees were given four weeks to report back to the upper chamber.

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Biodun Olujimi Joins Ekiti South APC Senatorial Race, Picks Nomination Form

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A fresh political contest is brewing in Ekiti South Senatorial District as former lawmaker Biodun Olujimi has officially picked up the All Progressives Congress (APC) nomination form, signaling a major shift in the district’s political landscape.

 

 

Olujimi, who represented Ekiti South in the 9th Senate under the Peoples Democratic Party (PDP), defected to the APC in 2025.

 

Her decision to now seek the party’s senatorial ticket sets the stage for a high-stakes intra-party battle ahead of the next general election.

 

The race within the APC is shaping up to be fiercely competitive, as Olujimi will contend with incumbent senator and Senate spokesperson Yemi Adaramodu, who is seeking to retain his seat.

 

Also in the contest is former member of the House of Representatives, Bamidele Faparusi, who has likewise obtained the party’s nomination form.

 

 

Political observers say Olujimi’s entry into the race could significantly alter the dynamics within the APC in Ekiti South, given her political experience, grassroots network, and previous electoral success in the district.

 

Her defection from the PDP to the ruling APC had earlier generated discussions across the state, and her latest move is expected to intensify permutations within the party.

 

 

The contest is likely to test the internal cohesion of the APC in Ekiti State, as party leaders weigh the strengths of the aspirants ahead of the primaries.

 

Analysts also note that the emergence of a strong candidate could play a crucial role in determining the party’s chances of retaining the senatorial seat in the next election cycle.

 

 

With three prominent political figures now in the race, the APC primary in Ekiti South is expected to be closely watched, as it may redefine alliances and influence the broader political direction of the district.

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FG Declares May 1 Public Holiday for Workers’ Day

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The Federal Government has declared Friday, May 1, 2026, a public holiday to commemorate this year’s International Workers’ Day.

 

 

The Minister of Interior, Olubunmi Tunji-Ojo, made the announcement on behalf of the government, congratulating Nigerian workers on the occasion.

 

 

In a statement signed by the Permanent Secretary, Magdalene Ajani, on April 29, 2026, the minister praised workers across the country for their hard work and dedication to national development.

 

 

He noted that the contributions of Nigerian workers remain vital to the nation’s growth and prosperity, urging them to continue to uphold the values of patriotism, productivity, and commitment to duty.

 

 

The statement read, “The Federal Government has declared Friday, 1st May 2026, a public holiday to celebrate this year’s International Workers Day.

 

 

“The Minister of Interior, Dr. Olubunmi Tunji-Ojo, announced this on behalf of the Federal Government. He congratulated workers across the country on this year’s celebration. The Minister commended Nigerian workers for their hard work and dedication to national development. He noted that their efforts are essential for the nation’s growth and prosperity.”

 

 

Tunji-Ojo also reaffirmed the Federal Government’s commitment to improving workers’ welfare and security, as well as creating a conducive environment for economic growth.

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Court Warns Defendants in Ode-Irele Chieftaincy Dispute to Obey Judgment or Face Jail

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A High Court sitting in Okitipupa, Ondo State, has issued a stern warning to parties involved in the ongoing chieftaincy dispute in Ode-Irele, directing them to comply with its earlier judgment or risk imprisonment.

 

The court specifically ordered Adeniyi Olanrewaju Ayeromora and other defendants to adhere to its ruling delivered on August 2, 2022. The judgment had restrained them from parading themselves as regent or initiating any new selection process for the Olofun of Irele stool.

 

In a notice outlining the consequences of disobedience, the court cautioned that failure to comply could result in contempt proceedings and possible committal to prison.

 

The directive was also extended to key government officials, including the Attorney General of Ondo State and relevant local government authorities. The court warned them against recognizing or supporting any actions that contradict its ruling.

 

Meanwhile, the court has issued a separate Form 49 notice summoning several defendants to appear and show cause why they should not be jailed for allegedly continuing to violate the subsisting court order.

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