Ebonyi Government Seals Hotels Over Ground Rates

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Ebonyi State government has sealed four hotels for refusing to pay ground rates.

The special adviser to the governor on lands and survey, Emmanuel Igwe, revealed that the enforcement for the payment of ground rates had commenced in the state.

Igwe added that the hotels were given notices to pay their ground rates, noting that the state government has commenced the processes of sealing properties, until all necessary payments are made.

The Special Adviser warned that any hotel or property owner that fails to comply with the government’s directive will have his or her property sealed without delay.

Written by: Helen Obih

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House of Reps Uncover Unclaimed Funds in Banks

The House of Representatives ad hoc committee has uncovered over N300 billion unclaimed funds in banks. Chairman of the committee, Uyime Idem, said the amount represented a fraction of unclaimed funds in Nigerian commercial banks. Idem added that the money could be described as hanging funds emanating from failed transactions by government agencies and banks.

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