All Posts in "Dan Poster"

SERAP demands NNPCL’s explanation on alleged missing N22.3bn, $49.7m, others

SERAPThe Socio-Economic Rights and Accountability Project has called on the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, to explain the whereabouts of alleged missing oil funds amounting to N22.3bn, $49.7m, £14.3m, and €5.2m, reportedly unaccounted for in the company’s financial records.

The civic group, in a letter dated October 25, 2025, and signed by its Deputy Director, Kolawole Oluwadare, said the missing sums were documented in the 2022 annual report recently published by the Auditor-General of the Federation on September 9, 2025.

SERAP urged Ojulari to identify and hand over those responsible for the alleged diversion or misappropriation of the funds to the Economic and Financial Crimes Commission and the Independent Corrupt Practices and Other Related Offences Commission for prosecution.

It also demanded that the missing funds be recovered and returned to the national treasury without further delay.

“These grim allegations by the Auditor-General suggest a grave violation of public trust, the Nigerian Constitution, anti-corruption laws, and the country’s international obligations,” the organisation stated.

According to SERAP, the Auditor-General’s findings point to “systemic corruption” within the NNPCL, which has “undermined Nigeria’s economic development, trapped millions in poverty, and deprived citizens of access to essential public services.”

The group noted that the Auditor-Generalhas, over the years, consistently documented similar reports of unremitted or missing oil revenues, lamenting that “ordinary Nigerians continue to bear the brunt of widespread corruption in the oil sector.”

It said,“Combating the corruption epidemic in the oil sector would alleviate poverty, improve access of Nigerians to basic public goods and services, and enhance the government’s ability to meet its human rights and anti-corruption obligations.”

SERAP further alleged that the misappropriated oil revenues reflected a broader failure of accountability and transparency at the NNPCL, contributing to Nigeria’s rising debt levels and deficit spending.

The group said, “Had the NNPCL accounted for and remitted these diverted or misappropriated oil monies, more funds would have been available for education, healthcare, and other critical sectors. The level of borrowing by the government would also have been reduced.”

SERAP gave the NNPCL a seven-day ultimatum to take the recommended steps or face appropriate legal action to compel compliance.

Quoting details from the 2022 audited report, SERAP highlighted numerous irregularities in NNPCL’s accounts, including: a ₦292m abandoned contract for an Accident and Emergency Facility in Abuja; over £14m allegedly spent to repair its London office without evidence of execution; an irregular $22.8m payment to a contractor for crude lifting, with unclear justification.

Others include a N2.3bn paid as car cash options to 100 staff without requisite approvals; ₦12.7bn unremitted operating surplus for December 2020, and the €5.1m paid for jetty operations with no supporting documents.

Multiple cases of undocumented or fictitious contract payments running into billions of naira and millions of dollars.

The Auditor-General reportedly expressed fears that much of the money “may have been diverted or misappropriated” and called for its recovery and remittance to the treasury.

SERAP cited Section 15(5) of the 1999 Constitution (as amended), which mandates public institutions to abolish all corrupt practices and abuse of power, urging the NNPCL to act transparently in the public interest.

Dan Poster by — October 27, 2025 in General News 0
Dangote refinery begins construction for 1.4mbpd expansion

Aliko DangoteThe Dangote refinery has officially begun construction work for the expansion of the facility from 650,000 barrels to 1.4 million barrels per day.

The President of the Dangote Group, Alhaji Aliko Dangote, made the announcement at a press briefing in Lagos on Sunday.

Flanked by his friend, the Chairman of First Bank, Mr Femi Otedola, Dangote said this would make the refinery the largest in the world.

Dangote said the company had signed an agreement with the technology licensor that will expand the facility.

“We are expanding the Dangote Petroleum Refinery from 650,000 barrels per day to 1.4 million barrels per day. Upon completion, this will make it the largest refinery in the world, surpassing the Jamnagar Refinery in India,” he said.

He maintained that the expansion would be completed within the next three years.

The billionaire businessman appreciated President Bola Tinubu and the Federal Government for their continued support and commitment to Nigeria’s industrial growth.

He also commended the president for enacting policies that support industrialisation, such as the Nigeria First policy, the Naira-for-crude policy, and the One-stop Shop, reportedly bringing “great revolution to the downstream sector that has emboldened the group to make this major step policy of ensuring domestic processing of all our crude and exporting only finished petroleum products.”

Despite current crude shortages, Dangote was optimistic that the Federal Government would make crude available to the single-train refinery.

He recalled that the Federal Government was instrumental in mediating recent disruptions at the refinery linked to union activities and “sabotage attempts”.

The expansion, he explained, reflected the company’s confidence in Nigeria’s future, in Africa’s potential, and its commitment to building energy independence for Africa and the world.

“It is also about confidence in Nigeria, in Africa, and in our capacity to shape our own energy future.

“It is the dream of President Bola Tinubu for Nigeria to emerge as one of the major suppliers of petroleum products in the world. And with his strong backing through previously stated policies, we are taking on the challenge to make this happen,” he added.

He added that 65,000 workers would be needed for the construction exercise, and 85 per cent would be Nigerians.

Dangote added that the refinery would also ramp up its power generation from 500 megawatts to 1,000 MW. He had signed an agreement with the technology licensor, which will expand it.

“With this expansion, we would require 65,000 workers during construction; such a project will further unlock opportunities for local industries. We will also be expanding our polypropylene production from 900,000 metric tonnes to 2.4 million metric tonnes per annum. This will further enrich the production of linear alkylbenzene, a key ingredient for the production of detergents, and the additional production of base oils.

“With this expansion, the refinery transitions from producing Euro V to Euro VI fuel standards, meeting the highest global environmental benchmarks, and expands power generation capacity, ensuring full operational self-sufficiency. Over 85 per cent of our workforce will be Nigerian, with ongoing investment in skills and technology transfer,” he stressed.

Within the next year, Dangote plans to list 10 per cent of the refinery shares on the Nigerian Stock Exchange, calling it a step toward broader ownership and market transparency.

“Therefore, we call on all Nigerians to seize this window, to benefit from this golden opportunity. Our long-term goal remains clear: to build Africa’s leading integrated energy and petrochemical hub, the first of its kind on the continent,” he said.

As the Yuletide approaches, Dangote assured Nigerians of fuel availability.

“As we approach the end of the year, Nigerians often face fuel shortages, long queues, and arbitrary price increases that cause great hardship for travellers and businesses alike. In the last three days, we have witnessed an 8 per cent spike in the global oil price.

“I want to assure Nigerians that the Dangote refinery is fully committed to maintaining an uninterrupted supply of petrol throughout the festive period. Our goal is to ensure consistent product flow at stable prices, eliminating the disruptions and exploitation that have become common during the ember months,” he added.

The businessman called on the “holders of the other 30 refinery licences to seize this opportunity to support Mr President’s dream of making Nigeria the refining hub on the continent.”

The Dangote refinery started operations in 2024, significantly reducing Nigeria’s years of dependence on fuel importation.

Nigeria has since become an exporter of fuel to countries across the world, including Saudi Arabia and the United States.

Dan Poster by — October 27, 2025 in Business 0
CBN pumps $1.25bn into fuel import, others

CBN headquartersThe Central Bank of Nigeria has released a total sum of $1.259bn to oil sector players for the importation of petroleum products and other related items into the country, The PUNCH reports.

The amount released between the first three months of 2025 is against the backdrop of the insistence of marketers to continue fuel import despite the availability of petrol from Dangote Refinery.

According to fresh data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Petroleum marketers imported 69 per cent of the 21 billion litres of petrol Nigerians consumed between August 2024 and the first 10 days of October 2025.

Between January and March 2025, a total of 2.28 billion litres of petrol were imported despite improved refined product output from the Dangote refinery.

Fuel imports, a significant consumer of foreign exchange, impact the country’s foreign reserves and the naira-to-dollar rate.

The volume represents one of the lowest quarterly import figures in recent years, reflecting the gradual shift towards local refining and blending of petroleum products.

A breakdown using the Central Bank of Nigeria’s quarterly statistical bulletin for the first quarter of 2025, the apex bank released a total of $1.26bn for import transactions between January and March.

A month-by-month breakdown showed that $457.83m was disbursed in January, representing 36.2 per cent of the total.

This dropped sharply to $283.54m in February, accounting for 22.5 per cent, before rebounding to $517.55m in March, which made up the largest share at 41.3 per cent of the total forex released for the quarter.

While NMDPRA data showed that the January imports stood at 724.5million litres, while 760 million litres and 803.7 million litres were brought in during February and March, respectively.

The struggle for market share between the Dangote Petroleum Refinery and fuel-importing marketers has intensified in recent months, as both sides compete for dominance in Nigeria’s downstream sector.

It could be recalled that while some marketers have insisted on importation, the Dangote refinery has been exporting petrol to other countries, including the United States. The 650,000 refinery has consistently boasted of its capacity to meet local fuel demands while exporting to foreign countries.

However, pricing has remained the major determinant for marketers when choosing a supplier, amid growing competition between the Refinery and fuel importers. Many operators in the downstream sector shift allegiance based on cost advantage rather than source.

Confirming the development, the National Publicity Officer of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, said marketers would naturally buy from any source offering the lowest price to stay in business.

Ukadike explained in an interview, “In this business, pricing is everything. Marketers will always go for the most affordable option because our margins are very thin. If imported products are cheaper, we have no choice but to patronise importers. But if Dangote’s refinery offers a better price, of course, we will buy locally.”

He added that the price gap between locally refined products and imports fluctuates depending on global oil prices, exchange rates, and government policies.

“No marketer can afford sentiment when it comes to survival,” he said. “Our decision is driven by economics, not emotion.”

Meanwhile, the latest Energy Bulletin released by the Major Energies Marketers Association of Nigeria has shown a further reduction in the estimated import parity price of key petroleum products, reflecting sustained pressure from global oil prices and exchange rate fluctuations.

According to the report, the estimated import parity price of Premium Motor Spirit has reduced to N805.46 per litre at the spot rate.

Dan Poster by — October 27, 2025 in Business 0
Seplat energy JV empowers Edo, Delta students with N18m

The Seplat Energy Plc, in partnership with its Joint Venture partner, the NNPC Exploration and Production Limited, has empowered Edo, Delta students with N18 m.

The firm made the disclosure shortly after the grand finale of the 2025 edition of the PEARLs Quiz competition for secondary schools across Edo and Delta States on Saturday in Asaba, the Delta State capital.

The Pioneer Education Centre, Edo State, emerged winner and took home the N10m prize money, while second and third placed schools, Notre Dame College, Uzoro, Delta State and Eucharistic Heart of Jesus Model College, Benin, Edo State, received N5 m and N3 m, respectively.

The PEARLs Quiz, which stands for Promoting Exceptional and Respectable Leaders, is one of Seplat Energy JV’s flagship Corporate Social Investment initiatives geared towards the promotion of academic excellence, nurturing critical thinking, and inspiring the next generation of leaders.

In her opening remarks, the Director of External Affairs and Social Performance, Seplat Energy, Chioma Afe, represented by Hadiza Garbati, General Manager, Government Relations, Seplat, welcomed the governments of Delta and Edo States and congratulated all the participants, particularly those who made it to the grand finale.

The initiative, she pointed out was conceived for promoting exceptional and respectable leaders, dating back to 2012, which has seen Sepalt remain active in host communities and helping to foster students in the right direction.

She noted that by the quality of participation in this year’s edition, the students have demonstrated that the initiative is already bearing fruit by nurturing young people. “A school might be going home today with the prize, but all of you are already winners, and I congratulate you,” she said.

According to her, the learning each participant had gained from the PEARLs Quiz will make him or her a better person in the journey of life.

She commended the teachers, many of whom have also been trained under various CSI initiatives of Seplat for encouraging the students to make the 2025 PEARLs Quiz a huge success

In addition to the quiz competition, the grand finale also featured the STEAM Innovation Challenge, where students showcased inventive projects in the areas of science, technology, engineering, arts, and mathematics

On his part, Nicolas Foucart, Managing Director of NNPC Exploration and Production Limited, represented by the Corporate Communication Department’s Godwin Ijiga, expressed joy at the enthusiasm and brilliance demonstrated by the participants across Edo and Delta States.

In his remarks, Sheriff Oborevwori, Delta State Governor, represented by Ms. Orode Udughan, Delta State Commissioner for Humanitarian Affairs, Community Support Services and Girl Child Development, commended the Seplat JV for the initiative, which he said has greatly impacted students in Edo and Delta states for many years.

She said, “Today, we celebrate not just a contest but the brilliance, promise and potential of our young people, the true future of our states and our nation.

“On behalf of the government and people of Delta State, I extend profound appreciation to Seplat Energy and the NNPC Joint Venture for their consistent and impactful investment in education.

“The PEARLS quiz, which translates to promoting exceptional and respectable Leaders, is a shining example of corporate social responsibility that aligns perfectly with our developmental vision.

“For years, this initiative has provided a vibrant platform for students to demonstrate intellect, confidence and character while promoting the culture of academic excellence.

Dan Poster by — October 27, 2025 in Business 0
*Polaris Bank restates support for SMEs growth in Nigeria with launch of ‘EveryDay supermarket’ Yenegoa branch*

Polaris Bank has reaffirmed its commitment to supporting small and medium-scale enterprises (SMEs) and driving economic growth in Nigeria’s South-South region with the commissioning of the new ‘Everyday Supermarket’ Yenagoa Store.
The grand opening, which took place yesterday at Bay Bridge Junction on the Kpansia-Epie Expressway, Bayelsa State , marks the retail chain’s entry into the Bayelsa market and a significant milestone in the region’s business expansion efforts.
Speaking at the event, Mr. Raphael Abaziem, Directorate Head, Polaris Bank, South-South, described the launch as a testament to growth, resilience, and the power of strategic partnership.
“This milestone represents more than the opening of a new outlet. It speaks to our shared vision of economic expansion, local enterprise development, and improved access to quality goods and services for the people of Bayelsa State,” Abaziem stated.
He further noted that the new outlet builds on earlier successes, including Polaris Bank’s financing of the Everyday Group’s flagship shopping complex in Port Harcourt in February, 2025.
“When we partner, we empower, expand, and raise the bar for retail development across Nigeria. Polaris Bank is proud to have supported this journey and to stand with ‘Everyday Supermarket’ as it extends its footprint and impact. We look forward to deepening our collaboration and continuing to support businesses that are creating opportunities, empowering communities, and driving sustainable development across the country,” he added.
In his remarks, Mr. Yemi Osindero, Chairman of ‘Everyday Supermarket’, expressed delight at the brand’s expansion into Bayelsa, noting that the group continues to grow from strength to strength.
“Everyday Group is 28 years old, with 15 stores across the South-East and South-South, including Owerri, Asaba, and Abakaliki. We are excited to be in Yenagoa for the first time and look forward to opening more stores in Bayelsa. Plans are also underway to expand into Aba, Benin, Uyo, Enugu, and Abuja,” Osindero said.
The launch of the Yenagoa branch underscores Polaris Bank’s role as a key enabler of enterprise development and its commitment to supporting businesses that drive local economic empowerment and regional growth.
Dan Poster by — October 27, 2025 in Business 0
Access Holdings Reports ₦2.5 Trillion Gross Earnings in H1 2025

Access Holdings Plc (“the Group” or “the Company”)  yesterday announced its half-year audited financial results for the period ended June 30, 2025.
The Group’s  financial results for the half year ended June 30, 2025, reflect the resilience of our business model, the diversification of our revenue streams, and the steady progress to the execution of our five-year strategic plan.
Gross earnings increased by 13.8% year-on-year to ₦2.5 trillion in H1 2025 from ₦2.2 trillion in H1 2024, driven by strong growth in interest income which increased by 38.9% year-on-year to ₦2.0 trillion from ₦1.5 billion in H1 2024.
Net interest income also increased by 91.8% year-on-year to ₦984.6 billion in H1 2025 from ₦513.4 billion in H1 2024.
Complementing this performance was a growth in net fees and commission income, which increased by 16.1% year-on-year to ₦237.7billion in H1 2025 from ₦204.7 billion in H1 2024.
Profit before tax (PBT) and profit after tax (PAT) closed at ₦320.6 billion and ₦215.9 billion respectively underscoring the strength and resilience of our business model in the markets we operate in.
Key balance sheet indicators remain strong with total assets, customer deposits,  loans and advances, and shareholders’ equity closing at ₦42.4 trillion, ₦22.9 trillion, ₦13.2 trillion ₦3.8 trillion respectively.
The Banking group demonstrated resilient performance in H1 2025. Interest income grew by 38.7% year-on-year to ₦2.0 trillion in H1 2025 from ₦1.5 trillion in H1 2024. Net interest income increased by 85%, from ₦536.7 billion in H1 2024 to ₦992.7 billion in H1 2025. Fee and commission income increased by 27% to ₦294.9 in H1 2025 from ₦232.5 billion in H1 2024 driven by increased transaction volumes. Profit before tax (PBT) and profit after tax (PAT) closed at ₦303.0 billion and ₦199.3 billion respectively.
Banking group subsidiaries contributed 65% to the Banking group’s profit before tax (PBT) in H1 2025. This result highlights our journey towards sustainable performance and execution across our key African and international markets.
The Group’s  non-banking subsidiaries maintained a strong growth momentum. For Access – ARM Pensions, financial performance was robust, with revenue up 29.9% to ₦21.0 billion and profit before tax up 65.1% to ₦13.1 billion. The business delivered a solid ROAE of 48.1%, a cost-to-income ratio of 35.1%, and a PBT margin of 62.5%, underscoring strong operational efficiency and profitability.
Hydrogen Payments recorded a 40.5% growth in top-line revenue compared to H1
2024. Profit before tax (PBT) grew by 273% year-on-year. The total transaction value processed increased by 211%, reaching ₦41.1 trillion in H1 2025, up from ₦13.8 trillion in H1 2024.
Access Insurance Brokers has sustained strong momentum, recording a 125% year-on-year increase in gross written premium, 146% growth in revenue, and a 161% improvement in profit before tax (PBT).
Oxygen X, the Group’s digital lending arm, has sustained strong momentum since launch in Q3 2024, delivering ₦5.4 billion in revenue and ₦2.2 billion in profit before tax in H1 2025.
Access Holdings’ businesses are well-positioned to deepen market penetration, expand product offerings, and leverage cross-sell opportunities across the Group to drive continued growth and profitability.
The group’s focus remains on driving prudent growth and continued execution of its strategic priorities, scaling its digital and transaction-led income streams, increasing revenue diversification, embedding efficiency, innovation, and disciplined portfolio management across all areas of the business. It will also continue to uphold the highest standards of risk and governance discipline to ensure sustainable profitability.
Access Holdings remains confident that it will continue to deliver sustainable value and returns to its  shareholders. Its long-term objective is to build a stronger, more agile Group that consistently delivers superior returns, fosters innovation-driven growth, and optimises portfolio performance to create inclusive value across its markets while reaffirming investor confidence in the strength and future of Access Holdings.
The Group appreciates the continued trust and support of its shareholders, customers, and employees. Together, the Group is building a stronger future.
Dan Poster by — October 27, 2025 in Business 0
I remain SDP National Chairman – Gabam

The expelled National Chairman of the Social Democratic Party, SDP, Shehu Gabam, has insisted that he remains the legitimate chairman of the party.

In a statement issued on Friday in Abuja by his Special Assistant (Legal), Abubakar Baba, the embattled SDP leader described his reported expulsion from the party as illegal, null, and void.

He condemned the move as a desperate attempt by impostors to destabilise the party, insisting that the purported action was unconstitutional and of no consequence.

DAILY POST recalls that Gabam, along with the National Youth Leader, Dr Ogbonna Uchechukwu, and several others, was expelled on Thursday following a meeting of the National Working Committee, NWC, in Abuja.

Reacting to the development, Gabam said “the said meeting is illegal, null and void, and of no effect whatsoever.”

Citing Article 13 (iv) of the SDP Constitution, which empowers only the National Chairman to preside over meetings of the National Convention, National Executive Committee, National Working Committee, and National Caucus, he said: “I remain the national chairman of the SDP. Any meeting convened or presided over without the consent of the duly recognised chairman constitutes a gross violation of its constitution and a brazen attempt to usurp legitimate authority.”

Gabam also criticised the National Secretary, Olu Agunloye, for allegedly writing to the Independent National Electoral Commission, INEC, to communicate the purported decisions of the meeting, describing the action as a breach of Part 2 (12) 3 of the INEC Regulations and Guidelines for Political Parties, 2022.

Dan Poster by — October 25, 2025 in Politics 0
Governor Lawal inaugurates PDP convention subcommittees

Governor Dauda Lawal of Zamfara State has inaugurated the Accreditation and Special Duties subcommittees of the Peoples Democratic Party, PDP, ahead of its 2025 elective national convention.

The convention is scheduled to hold on November 15 and 16 in Ibadan, Oyo State.

The inauguration of the accreditation subcommittee took place on Friday at the PDP Legacy House in Maitama, Abuja. The committee is responsible for producing the delegates’ list, booklets, and tags for participants and observers, as well as accrediting and ensuring the welfare of delegates.

Lawal also inaugurated the Special Duties Subcommittee at the PDP National Secretariat, Wadata Plaza, Abuja. The committee is tasked with coordinating financial activities, approving budgets, fundraising, and managing disbursements during the convention.

He noted that both subcommittees form part of the National Convention Organising Committee working towards a smooth and credible exercise.

Dan Poster by — October 25, 2025 in Politics 0
Lagos signage agency clears staff of fraud, faults him for policy violation

The Lagos State Signage and Advertisement Agency, LASAA, has exonerated one of its staff members, Olukayode John Adetifa, of allegations of fraud that recently circulated on social media, but found him culpable of violating the agency’s “no cash” policy.

In a statement signed by Atinuke Dasilva, Head of Corporate Communications, LASAA stated that an internal investigation revealed that Adetifa, who serves in the agency’s Alimosho office, did not defraud the client, MJ Beauty Salon, as alleged, but mistakenly received payment into his personal account.

DAILY POST had reported that a viral social media post had accused Adetifa of collecting N45,000 via his personal Opay account while issuing a receipt of only N7,100.

However, LASAA clarified that a fact-finding panel discovered that the staff merely assisted the client, who was reportedly unwell, to complete an official online payment for signage registration amounting to N40,000.

According to the agency, the salon owner later corroborated this finding and tendered an apology for the misunderstanding, disowning the viral claim that sparked the controversy.

While noting that the investigation found no evidence of fraudulent intent, LASAA maintained that Adetifa’s conduct breached internal procedures and that he would be subjected to disciplinary action in line with Public Service Rules.

The agency reiterated its commitment to transparency and accountability in service delivery, urging the public to strictly adhere to its “no cash” payment policy and to report any complaints through official communication channels.

Dan Poster by — October 25, 2025 in General News 0
Lagos: LASTMA arrests six ‘one-chance’ suspects, clears Ijora Bridge criminal enclave

The Lagos State Traffic Management Authority, LASTMA, has arrested six suspected members of a notorious “one-chance” robbery syndicate believed to be operating under the Ijora Bridge corridor in Lagos.

According to a statement issued by the Director of Public Affairs and Enlightenment at LASTMA, Adebayo Taofiq, the operation was conducted in collaboration with the Nigeria Police Force, Mobile Police, Lagos State Task Force, Lagos State Environmental Sanitation Corps, and the Nigerian Army.

The arrests, carried out on Thursday, October 23, 2025, were part of a joint enforcement operation aimed at clearing illegal garages, makeshift shanties, and criminal hideouts along Apapa Road, Costain, and Ijora under-bridge.

The Special Adviser to Governor Babajide Sanwo-Olu on Transportation, Sola Giwa, said the coordinated exercise demonstrates the government’s zero-tolerance stance on environmental violations and the unlawful occupation of public spaces.

“This operation is part of the Sanwo-Olu administration’s integrated effort to make Lagos safer, cleaner, and more habitable. Criminal elements and illegal occupants still operating beneath bridges and in unauthorized spaces are hereby warned to vacate immediately,” Giwa stated.

During the operation, enforcement teams recovered 77 mobile phones, two POS machines, several wristwatches, and other personal items believed to have been stolen from unsuspecting commuters and pedestrians. Authorities also confiscated multiple kegs of adulterated diesel and over 150 packs of expired plantain chips and cheese balls.

Giwa revealed that the Ijora under-bridge area had become a hub for criminal activities. “The location had evolved into a storage centre for stolen items and contraband. Today’s cleanup has successfully dismantled those hideouts and restored sanity to the corridor,” he said.

In addition to the arrests, more than 120 illegal shanties were demolished, including structures located around St. Peter’s Catholic Nursery and Primary School on Apapa Road.

“By reclaiming these public spaces, we are reinforcing urban discipline and ensuring that vital infrastructure is not converted into criminal shelters,” Giwa added.

The General Manager of LASTMA, Mr Olalekan Bakare-Oki, lauded the collaboration among security and enforcement agencies, describing it as a model of effective inter-agency synergy.

“LASTMA’s responsibility extends beyond traffic management. It includes ensuring public safety, protecting transport corridors, and preventing criminal encroachments on public infrastructure,” Bakare-Oki stated.

He urged Lagos residents to remain vigilant and promptly report suspicious activities to relevant authorities.

The six suspects; Adetunji Bashiru (28), Sulaiman Kada (35), Abubakar Bala (42), Abubakar Ahmed (28), Rasaq Gbadamosi (21), and Ibrahim Yakub (23), have been handed over to law enforcement agencies for further investigation and prosecution.

Dan Poster by — October 25, 2025 in General News 0