High Chief
Lagos traders send SOS to police, governor over planned market raid
Traders, shop owners and stakeholders operating under the aegis of Balogun Business Association (BBA) in Lagos have raised the alarm over a rumoured threat to raid their market by thugs loyal to a former chairman of the association. The aggrieved traders who addressed reporters yesterday at the Association Secretariat at the popular Lagos International Trade Fair Complex, Badagry Expressway, Ojo, alleged that credible intelligence at their disposal indicates that the planned invasion of their peaceful market would take place between Sunday, June 27 and Wednesday, July 28. Warning of imminent bloodshed of innocent traders should the alleged invasion happen, the Principal Stakeholders, recalling that similar attacks by the same person in the years 2005 and 2007 had led to the loss of lives, ...
PDP rejects N108 ex-depot fuel price, insist on N70 pump price
The Peoples Democratic Party, PDP, has rejected the new ex-depot price of N108 per litre of the Premium Motor Spirit insisting on a new pricing template that must accommodate a pump price of between N60 to N70 per litre to reflect the crash in the price of crude oil and petroleum products in the international market. The party described the N108 ex-depot price as fraudulent and a far cry from the appropriate pump price template that should not exceed N70 given the prevailing situation in the international oil market. In a statement issued by the national publicity secretary of the party, Kola Ologbondiyan, the PDP maintained that the N108 ex-depot price with a projected additional N9 per litre Expected Open Market “completely unacceptable to Nigerians.” The statement read: “The federal gov...
