EKO NEWS

Lagos Govt Rejects FG’s Planned Sale Of TBS

Published

2 years ago

Oct 27, 2022.

Lagos State Government has rejected the Federal Government’s proposal to sell or issue a concession with regard to the Tafawa Balewa Square (TBS) on Lagos Island.

Eko Hot Blog reports that this was contained in a statement released on Wednesday by Mr. Moyosore Onigbanjo, the state’s attorney general and commissioner for justice.

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He was responding to an exclusive story with Punch. He noted that the FG plans to sell or give away the TBS along with 25 other assets to cover the N10.7 trillion budget shortfall in 2023.

Onigbanjo noted that a lawsuit currently before the Supreme Court prevents the FG from selling or granting a concession of the TBS.

He said, “The attention of the Lagos State Government has been drawn to the news report on the front page of The Punch Newspaper dated October 21, 2022, that the Federal Government, through the Federal Ministry of Finance, Budget and National Planning, is planning to either sell or grant concession in respect of Tafawa Balewa Square situate in Lagos Island, Lagos State.

“The Honourable Attorney-General of the Federation must be aware that the position of the Federal Government to either sell or concession the Tafawa Balewa Square cannot be valid as the HAGF is the plaintiff in suit No. SC.508/2012 between Attorney-General of the Federation vs. Attorney-General of Lagos State pending before the Supreme Court wherein the HAGF is seeking a declaration that the ownership of the land, building, monuments structures, and fixtures better known as Tafawa Balewa Square in the city of Lagos is vested in the Federal Government. The suit is fixed for November 1, 2022, for hearing by the apex court.

“Unfortunately, this is the second time the Federal Government and its agencies have taken this position, which is quite contrary to the recognition that there is an existing and pending dispute between the parties about the ownership of the Tafawa Balewa Square and this resulted in the HAGF invoking the original jurisdiction of the Supreme Court to seek resolution of the dispute between the Federal Government and Lagos State Government.”

Onigbanjo added, “It is the position of law that once parties have submitted themselves to the jurisdiction of the court, they are not to take any action that will affect the subject matter of the suit and any plan to either sell or concession the Tafawa Balewa Square during the pendency of the suit before the Supreme Court will violate the principle of lis pendis and such sale or concession is liable to be declared null and void.”