Business
Market Demolition: Zinox Donates N50m To Victims
The Chairman, Zinox Group, Mr Leo Stan Ekeh, has appealed to those affected in the demolition of Ekeukwu Market in Owerri, Imo, to allow peace to reign.
Ekeh also announced a N50-million donation to be disbursed to those directly affected by the exercise as well as the families of the victims who allegedly lost their lives from it.
Reports say that residents of the state had continued to condemn the demolition of the market and the alleged loss of lives.
Ekeh said that he hoped the donation would help cushion the effect of the loss on the affected and pleaded with those affected not to allow themselves to be used to cause trouble in the state.
“Everyone directly affected by the demolition including those trading in the market, whether indigenes of Owerri, Orlu, Okigwe or from neighboring states are to benefit from the donation,” he said.
He said that he had set up an implementation committee that would work hand-in-hand with the market’s leadership on the disbursement.
Ekeh said that it would be headed by Mr Ambrose Ejiogu as Chairman and Dr.Vin Udokwu (Secretary).
Other members are: Chief C.Y. Amako, Prof.Obioma Iheduru, Chief Emeka Ekwebelem, Mrs.Chuks Ekemaru, Dr. Canice Nwosu, Sam Nwoke and Chief Analyn Nwaneri.
“The committee’s mandate is to work with the leadership of the market association in identifying those affected for disbursement of the funds to them.
“This, we hope will be sorted out within two weeks and funds disbursed 21 days from today,” he said.
It would be recalled that Ekeh had two months ago started a multi-million naira comprehensive refurbishment of a practical entrepreneurship centre in Owerri.
He said that if the model should work, the Imo State Government could replicate same in other regions for the benefit of her citizens.
The Ziox boss had also promised to invite multinational such as: Microsoft, Google, HP, IBM, Cisco, Facebook to Imo to expose its youths to the bigger global wealth roadmap in ICT.
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Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
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