Connect with us

Business

Market Women’s Protest Closes Benin-Lagos Highway

Published

on

Protesters on Monday
blocked the Uselu/Ugbowo section of the Benin-Lagos highway over plans by Egor Local Government Area of Edo State to relocate traders.
The Tide source reports that the protesters, under the aegis of Uselu Market Women Association, were resisting the directive to move to lock-up stores built by the council.
The women, displaying placards, blocked both sides of the highway, preventing motorists from continuing with their trips.
Some of the women said the N1.2 million charged for the stalls was too expensive for them, especially given the type of businesses most of them do.
The women said their problem was compounded by the action of the local council, which commenced the removal of their make shift shops on Monday.
One of the market women,Mrs Celena Okon, described the council’s action “as an act of wickedness”, in view of the current economic situation in the country.
“What am I selling that you will force me to pay over a million naira for a single store? I believe they should consider the worth of our businesses individually.
“Where do you expect a woman who sells only crayfish or tomatoes to get such a ridiculous amount of money to pay, when in actual fact most are in dire need of additional funds to grow their businesses,” Okon said.
Another market woman, Mrs Imade Osifo, who described the situation as pathetic, said their decision to barricade the highway was for the world to know what they were going through.
She said, “They want to force us to go into the stores and we have told them that we cannot afford the stores; that is why they are destroying our businesses.”
Mrs Osifo also alleged that the council was “insensitive to them”, especially against the backdrop of the different fees levied to allow them do business in the market.
“When the plan to construct these lock-up stores came up, they (Council) told us that the prices will be pocket friendly, especially to some of us involved in petty trading.
“But what do we have now, N1.2 million for a store is a price that most of us cannot afford; there is no way many of us can afford that now.
“Even if the country’s economy was okay, how do you expect a woman who sells only salt and Maggi to generate such,” Osifo asked.
All efforts to get authorities of Egor local council to comment on the situation proved abortive, as the Council’s Head of Service was said to be unavailable.
When contacted on telephone, the Council’s spokesman, Mrs Prisca Ebvadiaro, said she was not in the position to comment on the matter.
“I cannot speak on this; there is a committee that has been set up and as such, I cannot speak on it,” Ebvadiaro said.
Our source reports that as at the time of filing the report, several motorists were stranded on the highway while other commuters have resorted to trekking to get to their destination.
Our source also reports that the women resisted attempts by the police to get them off the road.

Continue Reading

Business

FG Approves 4 New Channel Management Firms For Seaports

Published

on

The Federal Executive Council (FEC) has approved four new channel management companies for seaports across the country in a move aimed at improving vessel navigation and port operations.
Speaking at the recently concluded Annual General Meeting of the Nigerian Association of Master Mariners (NAMM), former General Manager, Marine and Operations, Capt. Ebubeogu Ihenacho, disclosed that there would be changes in the ownership of the Lagos Channel Management Company Limited and the Bonny Channel Management Company.
According to Ihenacho, the four channels serving Nigeria’s major port clusters will have different channel management companies as approved by the FEC.
He said a new company had been approved to manage the Lagos port channel, with a change of name, while the Calabar Channel would be managed by the Calabar Channel Management Company.
He added that Bonny Channel Management Company had also undergone a change of ownership.
On the Warri Channel, Ihenacho said the Federal Government had approved China Harbour Engineering Company (CHEC) and two other companies to form a consortium to manage the Escravos Channel.
He said: “For Warri, it was approved for China Harbour Engineering Company, CHEC, and two other companies, who would now form a consortium.
That consortium will now form a Special Purpose Vehicle (SPV) with the Nigerian Ports Authority to manage the Escravos Channel.”
Recall that the management of the NPA had declined to renew the concessions of the Lagos Channel Management Company Limited and the Bonny Channel Management Company, opting instead for six-month extensions of the existing arrangements.
By; Enoch Epelle
Continue Reading

Business

RIRS Warns Against Unauthorised Tax Collection

Published

on

The Rivers State Internal Revenue Service (RIRS) has warned motorists, transport operators and business owners against paying taxes, levies or charges to Unauthorised persons and organisations, insisting that only the Service and its duly appointed agents are legally empowered to collect taxes on behalf of the state government.
The Service gave the warning in a public notice dated October 21, 2026, signed by its Executive Chairman, Sir Israel O. Egbunefu, FCTI, in which it clarified that the Rivers State Ministry of Transport was not authorised by the state government to collect road tax or any other tax, levy or charge from motorists and transport operators.
RIRS also specifically disowned Explore Strategic Alliance Ltd, located at No. 7 Rumuodaolu Market Road, Port Harcourt, declaring the company had not been appointed or authorised by either the state government or the Service to collect Motor Vehicle Transport (MOT) tickets or any other tax on its behalf.
The revenue agency consequently cautioned members of the public against making payments to the company or any of its staff, stressing that anyone who ignored the warning would do so at their own risk.
It reaffirmed that only the legally authorised agency responsible for tax collection in Rivers State and the appointed agents that would carry out such duties in accordance with the law.
The Service urged taxpayers to demand official identification from anyone claiming to be its tax agent and verify the person’s credentials directly with RIRS before making payments.
It further warned that individuals or groups found impersonating tax consultants, agents or their representatives to collect Unauthorised taxes would be arrested and prosecuted in accordance with the law.
RIRS also called on members of the public to report suspicious persons and activities relating to Unauthorised tax collection to the Service for appropriate action.
The agency advised taxpayers seeking clarification or assistance to visit any of its offices or contact it through its official email address, info@riversbirs.gov.ng.
The Service reiterated its commitment to protecting taxpayers, promoting voluntary compliance and safeguarding the integrity of tax administration in Rivers State.
By: King Onunwor
Continue Reading

Business

Bayelsa consumers Groan  Over Inflation As Traders Remain Helpless Over Low Patronage 

Published

on

Consumers and traders at the Swali ultramodern market in Yenagoa, capital of Bayelsa State have continued to groan over high prices of commodities and poor Patronage due to cost-push inflation.
The Tide reports that in the past weeks prices of goods and services in Yenagoa metropolis has experienced increase.
Notable services like transportation have also increased  lately due to increase in the pump price of fuel that has recently further exacerbated inflation in the prices of staple foods like rice, beans, garri and others.
Speaking with The Tide on a market survey, a trader, Mrs Tovie Barakabo said a bag of bean which sold between N120,000-N130, 000 now goes for N140,000-N145,000.
Mrs Barakabo also hinted that the only commodities whose price has not gone up was price of millet which sells N60,000, while big bag of garri now sells for N30,000.
The Tide further gathered from other inside Source that 25 litres of Kings cooking oil currently sells N75,000 as against the former price of N57,000.
Other commodities such as delicious vegetable oil  now goes for N68,000, Pure vegetable oil currently goes for N66, 000, while spaghetti is now N18,800 per bag.
The market survey also discovered that Sonnia tomato mix sells N75,609, while a big and small basket of fresh tomatoes are sold for N30,000 and N6,500 respectively.
A disappointed custom, Mrs Juliet Domo who fielded questions from The Tide expressed her worries over the inflation, calling on government to take decisive stands against inflation.
By: Ariwera Ibibo-Howells, Yenagoa
Continue Reading

Trending