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Lagos govt rejects FG’s planned sale of TBS

Admin by Admin
October 27, 2022
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Lagos govt rejects FG’s planned sale of TBS
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The Lagos State Government has faulted the plan by the Federal Government, through the Ministry of Finance, Budget and National Planning to sell or grant concession in respect of the Tafawa Balewa Square on Lagos Island.

The state’s Attorney-General and Commissioner for Justice, Mr Moyosore Onigbanjo, disclosed this in a statement on Wednesday.

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He was responding to The PUNCH’s exclusive report that the FG’s planned sale or concession of the TBS among 25 assets to fund the 2023 budget deficit of N10.7 trillion.

Onigbanjo explained that the FG’s sale or concession of the TBS cannot be valid due to a suit pending before the Supreme Court.

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.”

“As the Chief Law Officer of the Federation, it is incumbent on your office to advise the Federal Ministry of Finance, Budget and National Planning, and Bureau of Public Enterprises that no such sale or concession in respect of Tafawa Balewa Square is to be embarked upon until the suit instituted by your office in the Supreme Court is determined.”

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