Soludo’s call for relocation of investment to Anambra stirs controversy - Daily Post Nigeria | Canada News Media
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Soludo’s call for relocation of investment to Anambra stirs controversy – Daily Post Nigeria

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A few days ago, Anambra State governor, Prof Chukwuma Soludo went on an investment drive in Lagos.

During a town hall meeting with Anambra people resident in the state, Soludo advised them to consider relocating their investments back home, as part of the think home philosophy.

Soludo told them that Anambra State was ready for business and investments, adding that investing in the state would be in their own best interest.

The Governor went further to state some of the achievements of his young administration, and his plans to develop the state, and how all hands must be on deck for that to be achieved.

He enjoined them to reflect deeply on it and do everything possible to contribute to the growth of the state.

“This is the same question I ask myself everyday. And we have a responsibility to leave Anambra State better than we met it. Your host (Lagos) will never respect you if you don’t have a livable and prosperous homeland,” Governor Soludo reiterated.

Just days after the call, two Anambra indigenes, a comedian, I Go Tuk, who is also known as Ogbuefi Main Market and a Radio personality, Ifeanyi Orakwue, also known as Huge Man, made podcasts, berating the governor for such a call.

Ogbuefi Main Market in his podcast berated Soludo for the bad roads in the state, saying that if Soludo must think of advising Anambra people in Lagos to return home, he must first fix the bad roads in the state, as investors will need roads to come into the state, and move their wares about.

On his part, Orakwue decried the level of insecurity in the state, saying that any state that cannot ensure the security of people and businesses had no right to call for investments.

He went further to narrate that nightlife in Anambra has died totally because of insecurity.

Mentioning streets in Onitsha where he lives, Orakwue said he recently had a need to rush his daughter to hospital one evening at about 6 pm, but he was surprised that after he left the hospital and drove home, all the streets were already totally empty, while shops had closed.

He said even in his estate at 3-3, Nkwelle Ezunaka where soldiers were in charge of security, he got back at about 7 pm to find that the gate had been shut.

He said his enquiry showed that the decision was because of the level of insecurity in the town, adding that as early as 6 pm, businesses in the commercial city of Onitsha had closed, and queried if that was the kind of place Soludo wanted Anambra indigenes who are enjoying the beautiful atmosphere that Lagos offered, to leave and return home.

Both Ogbuefi Main Market and Orakwue concluded their podcast by advising Anambra people not to listen to the governor, or heed his advice, but to continue to do their businesses in Lagos, pending when Soludo would fix Anambra State, and make it ready to receive the level of investment Soludo was seeking.

The reaction of both men to the call by the governor have in the past one week generated controversies, with many berating them for demarketing the state, while some others have sided with them, claiming that their stand was in order.

Reacting to the call by both men, Mr Ejimofor Opara, the media and publicity secretary of All Progressives Grand Alliance (APGA), in a podcast on Facebook, which was made to counter those by Orakwue and Ogbuefi Main Market, said that there was no society that was entirely devoid of crime, noting that even Lagos has its fair share of it, yet Anambra indigenes have continued to invest in the state.

Reacting to Ogbuefi Main Market, particularly, Opara said he was recently in Lagos, and took out time to visit many areas where Igbo indigenes were living in squalid areas that didn’t have roads and were mostly flooded, yet they managed to reside in the place.

He wondered why anyone would de-market Anambra on the grounds of roads.

Also, the Chief Press Secretary to the Governor, Mr Chris Aburime came down hard on both Orakwue and Ogbuefi, claiming that Soludo’s visit to Lagos was a serious business that should not be reduced to the level of comedy.

He said: “This wasn’t a jamboree, but serious business. The mission was simple and unambiguous.

“He came to Lagos to seek partners in progress in the quest to build a prosperous, livable and secured Anambra State that all can be proud of.

“At least, if it is true that heavens help those who first help themselves, Anambra’s own sons and daughters must be sought out first as investors to join hands with the governor in the task of state building.

“Beyond political pandering, Governor Soludo is a leader in a hurry to transform Anambra State for good and leave it better than he met it.

“He has no luxury of time to waste. So, he would stop at nothing to enlist support wherever it could be found.”

On the other hand, there are some indigenes of the state, who saw nothing wrong in the what Orakwue and Ogbuefi said, claiming that the level of insecurity in the state was high and needed to be attended to, despite Soludo’s claims of having whittled it down drastically.

Mr Ifeanyi Okolo, a businessman and commentator on public affairs said: “This noise they are making and abusing Ogbuefi Main Market, can they dispute that roads in Anambra are not bad? What the two men gave are advice that the state government should take and try to work on, to make the state better.

“In the case of Orakwue, he gave an account of how he took his child to hospital and how all the shops had closed at 7 pm because of insecurity.

“So, do you expect that he should tell lies to please the state government and claim that people stay out until midnight, when that is false? They should rather work with the advice of both men.”

Meanwhile, Governor Soludo doesn’t seem to be oblivious of the problems enumerated by both Orakwue and Ogbuefi.

He had assured that even though he had done more in the area of insecurity and road construction, more would be done.

Speaking to Anambra State stakeholders in Lagos, Soludo said: “On the chaotic nature of Onitsha, my government is determined to resurrect Onitsha by returning it to its former glory as the biggest commercial city in the South-East and beyond.

“Concerning security-related issues, my administration has drastically reduced the menace of killings and kidnapping to the barest minimum with the security architecture put in place by his government.

“I commend security forces: the Army, the Navy, the Police, the States Vigilante Group and other paramilitary agencies for their dogged efforts in contributing to the successes recorded so far.

“I assure you that law and order has been greatly restored in the state compared to the impunity that held sway before we came into office,” the governor said.

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S&P/TSX composite up more than 250 points, U.S. stock markets also higher

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TORONTO – Canada’s main stock index was up more than 250 points in late-morning trading, led by strength in the base metal and technology sectors, while U.S. stock markets also charged higher.

The S&P/TSX composite index was up 254.62 points at 23,847.22.

In New York, the Dow Jones industrial average was up 432.77 points at 41,935.87. The S&P 500 index was up 96.38 points at 5,714.64, while the Nasdaq composite was up 486.12 points at 18,059.42.

The Canadian dollar traded for 73.68 cents US compared with 73.58 cents US on Thursday.

The November crude oil contract was up 89 cents at US$70.77 per barrel and the October natural gas contract was down a penny at US2.27 per mmBTU.

The December gold contract was up US$9.40 at US$2,608.00 an ounce and the December copper contract was up four cents at US$4.33 a pound.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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Canada’s Probate Laws: What You Need to Know about Estate Planning in 2024

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Losing a loved one is never easy, and the legal steps that follow can add even more stress to an already difficult time.

For years, families in Vancouver (and Canada in general) have struggled with a complex probate process—filled with paperwork and legal challenges.

Thankfully, recent changes to Canada’s probate laws aim to make this process simpler and easier to navigate.

Let’s unearth how these updates can simplify the process for you and your family.

What is probate?

Probate might sound complicated, but it’s simply the legal process of settling someone’s estate after death.

Here’s how it works.

  • Validating the will. The court checks if the will is legal and valid.
  • Appointing an executor. If named in the will, the executor manages the estate. If not, the court appoints someone.
  • Settling debts and taxes. The executor (and you) pays debts and taxes before anything can be given.
  • Distributing the estate. Once everything is settled, the executor distributes the remaining assets according to the will or legal rules.

Probate ensures everything is done by the book, giving you peace of mind during a difficult time.

Recent Changes in Canadian Probate Laws

Several updates to probate law in the country are making the process smoother for you and your family.

Here’s a closer look at the fundamental changes that are making a real difference.

1) Virtual witnessing of wills

Now permanent in many provinces, including British Columbia, wills can be signed and witnessed remotely through video calls.

Such a change makes estate planning more accessible, especially for those in remote areas or with limited mobility.

2) Simplified process for small estates

Smaller estates, like those under 25,000 CAD in BC, now have a faster, simplified probate process.

Fewer forms and legal steps mean less hassle for families handling modest estates.

3) Substantial compliance for wills

Courts can now approve wills with minor errors if they reflect the person’s true intentions.

This update prevents unnecessary legal challenges and ensures the deceased’s wishes are respected.

These changes help make probate less stressful and more efficient for you and other families across Canada.

The Probate Process and You: The Role of a Probate Lawyer

 

(Image: Freepik.com)

Working with a probate lawyer in Vancouver can significantly simplify the probate process, especially given the city’s complex legal landscape.

Here’s how they can help.

Navigating the legal process

Probate lawyers ensure all legal steps are followed, preventing costly mistakes and ensuring the estate is managed properly.

Handling paperwork and deadlines

They manage all the paperwork and court deadlines, taking the burden off of you during this difficult time.

Resolving disputes

If conflicts arise, probate lawyers resolve them, avoiding legal battles.

Providing you peace of mind

With a probate lawyer’s expertise, you can trust that the estate is being handled efficiently and according to the law.

With a skilled probate lawyer, you can ensure the entire process is smooth and stress-free.

Why These Changes Matter

The updates to probate law make a big difference for Canadian families. Here’s why.

  • Less stress for you. Simplified processes mean you can focus on grieving, not paperwork.
  • Faster estate settlements. Estates are settled more quickly, so beneficiaries don’t face long delays.
  • Fewer disputes. Courts can now honor will with minor errors, reducing family conflicts.
  • Accessible for everyone. Virtual witnessing and easier rules for small estates make probate more accessible for everyone, no matter where you live.

With these changes, probate becomes smoother and more manageable for you and your family.

How to Prepare for the Probate Process

Even with the recent changes, being prepared makes probate smoother. Here are a few steps to help you prepare.

  1. Create a will. Ensure a valid will is in place to avoid complications.
  2. Choose an executor. Pick someone responsible for managing the estate and discuss their role with them.
  3. Organize documents. Keep key financial and legal documents in one place for easy access.
  4. Talk to your family. Have open conversations with your family to prevent future misunderstandings.
  5. Get legal advice. Consult with a probate lawyer to ensure everything is legally sound and up-to-date.

These simple steps make the probate process easier for everyone involved.

Wrapping Up: Making Probate Easier in Vancouver

Recent updates in probate law are simplifying the process for families, from virtual witnessing to easier estate rules. These reforms are designed to ease the burden, helping you focus on what matters—grieving and respecting your dead loved ones’ final wishes.

Despite these changes, it’s best to consult a probate lawyer to ensure you can manage everything properly. Remember, they’re here to help you during this difficult time.

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Economy

Energy stocks help lift S&P/TSX composite, U.S. stock markets also up

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TORONTO – Canada’s main stock index was higher in late-morning trading, helped by strength in energy stocks, while U.S. stock markets also moved up.

The S&P/TSX composite index was up 34.91 points at 23,736.98.

In New York, the Dow Jones industrial average was up 178.05 points at 41,800.13. The S&P 500 index was up 28.38 points at 5,661.47, while the Nasdaq composite was up 133.17 points at 17,725.30.

The Canadian dollar traded for 73.56 cents US compared with 73.57 cents US on Monday.

The November crude oil contract was up 68 cents at US$69.70 per barrel and the October natural gas contract was up three cents at US$2.40 per mmBTU.

The December gold contract was down US$7.80 at US$2,601.10 an ounce and the December copper contract was up a penny at US$4.28 a pound.

This report by The Canadian Press was first published Sept. 17, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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