Business

Shopping Mall: Lekki Residents Insist On Alternative Routes

Published

10 years ago

December 9, 2015

The 1.5 million residents of
the 10 estates around Jakande Roundabout in Lekki, Lagos State, said RMB West Port, owners of Circle Mall, must provide them alternative routes before it opened its mall on December 17.
The residents from the 10 estates from the area, with each of them having no less than 150 residential buildings, said that this would enhance effective traffic control.
They told newsmen in Lagos that the management of the outfit should have consulted widely before citing the mall around Jakande Roundabout.
They said that this was because the traffic on the Lekki –Epe Expressway had always been chaotic before now and opening of the mall would attract more human and vehicular traffic to the area.
Mr John Thomas, a resident of Femi Okunnu Estate near the Jakande Roundabout, said that there were more than 10 estates in the area with each estate having not less than 150 buildings.
“ These estates include — Femi Okunnu Phases 1 to 4, Victory Park, Friends’ Colony, Milverton, Egerton , Cardogan, Pinnock Arcadia Groove and Northern Foreshore , all with one access road.
“The only access road to all these estates is Hon. Yaya Dosunmu Way and more than 400, 000 cars ply the road on daily basis,’’ he said.
Thomas lamented that two filling stations located on both sides of the link- road to the expressway always caused gridlock whenever there was fuel scarcity.
Another resident, Mr Idowu Johnson who resides at Friends’ Colony, said the main entrance and exit to the mall serves as the same one that leads to their estate.
“We are all aware that wherever the mall had been located, they used to attract many customers and this had always resulted in congestion.
“We are not against their operation because we will also patronise them, but they should also understand our plights and come up with alternative routes so that we will not suffer.
“This is the only route for the no-fewer-than 1.5 million residents and we are all mobile, how do you think their operation will not affect our daily routine?
“We are appealing to the government and the management of the mall to look for alternative routes so as to ease traffic for residents of the area and intending customers,’’ he said.
Also, Mrs Modupola Ajagbe, a resident of Egerton Estate, told newsmen that when the residents’ association heard that the mall would be built there, they wrote to its management , but there was no response from it.
Ajagbe said that the association had to write the state government on the issue, but we received the reply from state government after the construction of the mall had started.
“Officials from the Ministries of Transport, and Physical Planning and Urban Development held a meeting with the stakeholders in the estate and representatives of the mall to resolve the matter.
“Another meeting will hold on December 8; but our concern is that if the mall opens for operations as scheduled on December17, the mall’s management may not meet our condition.
“We are appealing to the state government to compel the management to halt the official opening of the mall until all our demands are met,” she said.
Our correspondent who visited the site observed that construction work was on going there but all efforts to get the management of the Circle Mall to react proved abortive.
One of the mall’s officials said he was not authorised to speak to the press.

Business

Boat Mishap Kills Pastor, Wife And Church Members In Brass Water

Published

4 days ago

May 18, 2026

The Tide

A boat accident in Bayelsa state has killed a serving Pastor, Wife and other church members along Brass waterways

The sad incident happened at Odioama in Brass local government area of Bayelsa State when the Pastor, wife and members of his church were in a programme.

?Tide confirmed that the lifeless body of the Pastor’s wife has been found and deposited in a mortuary while the remains of her husband ,the Pastor is yet to be recovered

as search party are still ongoing.

Although the real cause of the boat Mishap is not yet known as at the time of this report, our Correspondent gathered that the identities of the Pastor, wife and church members were not disclosed to the public.

The mishap, Tide gathered occurred on Friday morning when the church members were on a boat transit

The Bayelsa State government and the state police command are yet to issue official statement’s on the sad accident

By: CHINEDU WOSU

Business

Rivers Workers Seek Scrapping Of Contributory Pension Scheme

Published

4 days ago

May 18, 2026

The Tide

The Rivers State Council of Nigeria Civil Service Union has called on the State Government to urgently scrap the contributory pension scheme, describing it as unfavourable to long-serving civil servants in the state.

Chairman of the union, Chukwuka Osuma, said this in an interview with newsmen in Port Harcourt, recently.

Osuma said the current pension structure has continued to worsen post-retirement hardship for workers.

He noted that the contributory pension scheme had failed to provide adequate retirement security for workers who had spent many years in service, especially those approaching retirement age.

According to him, civil servants who had served for more than 20 years were among the worst affected under the scheme, insisting that many retirees could no longer cope with prevailing economic realities.

He also informed that the Union has made moves to showcase their concerns, pleading with Governor Siminalayi Fubara to abolish the pension policy and introduce a more favourable arrangement for affected workers.

“The union was not opposed to pension reforms, the contributory scheme should only apply to newly employed workers or those with fewer years in service”, he said.

Osuma explained that workers who had already spent decades in the civil service ought to remain under a more secure pension structure capable of guaranteeing stability after retirement.

The labour leader further noted that inflation and the rising cost of living had continued to erode the value of retirement savings, thereby increasing the suffering of pensioners across the country.

He also appealed to the state government to consider extending the years of service in the civil service from 35 to 40 years and the retirement age from 60 to 65 years.

Osuma argued that such adjustment had become necessary in view of present-day economic realities and changing conditions in the workplace.

The unionist also reviewed that similar policies had already been adopted in some sectors and jurisdictions, expressing optimism that the State could also implement the reforms for the benefit of workers.

He however, commended Governor Fubara for approving an N85,000 minimum wage for workers in the state, noting that the amount was above the national benchmark of N70,000.

Osuma also acknowledged the government’s efforts in the area of workers’ promotions and bonuses, but insisted that pension reforms and extension of years of service remained critical to the long-term welfare and stability of civil servants in Rivers State.

By: King Onunwor

Business

FG Begins South-West Tour To Promote New Cooperative Bank

Published

1 week ago

May 13, 2026

The Tide

The Federal Government has launched the South-West zonal engagement and ministerial advocacy tour on the Cooperative Bank of Nigeria share capital mobilisation, sensitisation and cooperative sector digitalisation.

Reports say the initiative was launched through the Federal Ministry of Agriculture and Food Security.

According to reports, the advocacy tour, organised by the ministry’s Federal Department of Cooperatives, began on Monday in Lagos.

Speaking at the event, the Minister of State for Agriculture and Food Security and Supervising Minister of Cooperative Affairs, Dr Aliyu Abdullahi, said the initiative was part of President Bola Ahmed Tinubu’s Renewed Hope Agenda.

Abdullahi described the exercise as a strategic effort to reposition the cooperative sector as a key driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity.

“Today represents a defining moment in our collective determination to reposition the cooperative sector as a major driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity,” he said.

The minister noted the modern cooperative movement in Nigeria originated in the South-West following the 1934 Strickland Report, which led to the enactment of the Cooperative Societies Ordinance of 1935.

According to him, the decision to commence the sensitisation and share capital mobilisation tour in the region is symbolic, as it marks a return to the roots of cooperative development in the country.

Abdullahi said the advocacy tour was a direct outcome of resolutions reached at the 8th Regular Meeting of the National Council on Cooperative Affairs held in Abuja in March 2026.

He said the council approved the Renewed Hope Cooperative Reform and Revamp Programme, a comprehensive framework designed to strengthen the cooperative sector and align it with the administration’s goal of building a one-trillion-dollar economy.

“The reform programme focuses on seven strategic pillars, including governance reforms, cooperative financing and the establishment of the Cooperative Bank of Nigeria, digitalisation, capacity building, value chain development, inclusion of youths, women and persons with disabilities, and strategic partnerships,” he said.

He said the establishment of the Cooperative Bank of Nigeria and the digitalisation of the cooperative sector were the two major transformational initiatives under the programme.

“The Cooperative Bank of Nigeria is aimed at rebuilding a strong cooperative financial system capable of supporting cooperators, farmers, artisans, traders, SMEs, youths, women and persons with disabilities with accessible and affordable financial services,” he said.

Abdullahi emphasised that the proposed bank would be government-enabled but not government-funded.

“Government is not establishing the bank as an owner, nor will it rely on Treasury Single Account funds.

“The role of government through the FMAFS is to provide policy support, stakeholder coordination, regulatory facilitation and an enabling environment under the Renewed Hope Cooperative Reform and Revamp Programme,” he said.

Also speaking, the Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Ambrose-Medebem, reaffirmed the state government’s commitment to cooperative sector transformation.

She described cooperatives as critical tools for promoting inclusive growth, grassroots productivity, food security, financial inclusion and community wealth creation.

Ambrose-Medebem said Lagos State would continue to support reforms and collaborate with stakeholders to ensure the successful implementation of the Renewed Hope Cooperative Reform and Revamp Programme (2025–2030).

“Together, let us build a cooperative ecosystem that is modern, transparent, digitally enabled, financially inclusive and globally competitive.

“Let us build cooperatives that not only mobilise savings, but also mobilise prosperity,” she said.