Sunday, March 26, 2017
MARCH 16, 2017NIGERIA STOCK EXCHANGE (Market Closed) SUMMARY: All Share Index 25,418.08 Deals 2,468.00 Volume 280,945,416.00 Value 2,349,419,384.30Market Cap 8,796,717,470,596.41TOP GAINERS NB 133.84 (3.14) FO 48.93 (1.12) GUARANTY 25.8 (0.45) ZENITHBANK 14.55 (0.4) FLOURMILL 17.85 (0.35) TOP LOSERS 7UP 77.71 (-8.29) TOTAL 274.55 (-5.45) ASHAKACEM 9.5 (-0.5) DANGCEM 160 (-0.5) UACN 14 (-0.25) CBN EXCHANGE RATE(NGN)Buying:$USD 305.75 GBP 377.2344 EURO 327.9169 SWISS FRANC 302.715 YEN 2.695 Selling:$USD 306.75 £GBP 378.4682 EURO 328.9894 SWISS FRANC 303.7059 YEN 2.7038 CNBC COMMODITY PRICES (USD)Crude Oil (Bonny light) 51.15 Natural Gas 2.904 (-0.077) Gold 1226.10 (25.40) Silver 17.30 (0.377) Copper 2.679 (0.0225) Wheat 435.50 (-0.50) Coffee 141.55 (0.65) Cotton 78.05 (-0.03) Cocoa 2035.00 (-13.00)

HURRAY! Lagos backs down on law to criminalise fetching water

HURRAY! Lagos backs down on law to criminalise fetching water
March 20
20:39 2017

Akinwunmi Ambode, governor of Lagos state, and the state assembly have backed down on the law to criminalise fetching water from natural sources in Lagos state.

Earlier, Lagos state house of assembly passed the Lagos Environment Bill with specific provisions to criminalise the abstraction of water from natural sources if conducted without the approval from the authorities.

The UN, and the Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) raised concerns, saying “no one should be criminalized or fined for fetching water from lakes, rivers, or any other natural sources”.

Sequel to this, the governor, over the weekend sought the removal of portions of the law criminalising water abstraction from natural sources.

ERA/FoEN has hailed the decision of the Lagos state government to discard what it described as the “anti-people” sections of the new environment law.

In a statement issued by ERA/FoEN on Monday, the organisation said it received the signed law during the weekend and the controversial sections of the law had been removed.

“We are so impressed that the Lagos government allowed the voice of the people to prevail in its decision to finally expunge sections of the new Environment Law that are clearly anti-people and may have been sneaked into the document by proponents of Public Private Partnership (PPP) model for the water sector,” Akinbode Oluwafemi, ERA/FoEN deputy executive director, said.

“Those provocative sections make the Lagos citizen a victim of the failure of successive administrations to invest sustainably in the water sector. By the sheer act of discarding them, the Governor Ambode administration has demonstrating that it is a listening one and we commend this”.

Oluwafemi said local and international civil society and grassroots groups have already proffered a solution to the water situation in Lagos in a document titled Lagos Water Crisis: Alternative Roadmap for Water Sector, which has been made available to relevant government agencies and the office of the governor.

“With the removal of anti-people provisions in the Environment law it is still not yet uhuru. We still restate our opposition to PPP in the water sector which the state is still pressing ahead with. We are determined to challenge this false solution through lawful means including public demonstrations in the days ahead,” Oluwafemi said.

ERA/FoEN and a few other civil society organizations had criticized a draft of the law that was made public at a hearing organised by house committee on environment on February 9, 2017.

The civil societies had said the draft law “gave too much powers to the Lagos commissioner for environment, criminalization of the sinking of boreholes, imposition of fines of N100,000 on defaulters and prison terms for anyone in Lagos that sells or transports water, among others”.

The CSOs had also faulted what they described as “the near total lack of consultation of a broad spectrum of stakeholders and Lagos citizens before the Public Hearing and the hasty passage of the bill by the Lagos House of Assembly on February 20,” and accused the government of making the law inaccessible.

In response, the Lagos state government, in a press release, said the environmental law was in the best interest of Nigerians saying it is in line with the reforms in the environment sector “to ensure cleaner environment and public health safety in the state”.

Follow us on twitter @thecableng

Copyright 2017 TheCable. Permission to use quotations from this article is granted subject to appropriate credit being given to as the source.

Social Comments


No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Write a Comment

Your email address will not be published.
Required fields are marked *

Exchange Rates

March 24, 2017USDGBPEUR
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.