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Lagos Reopens Third Mainland Bridge

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Third Mainland Bridge1

By Modupe Gbadeyanka

The Lagos State government has reopened the famous Third Mainland Bridge, which is one of the three bridges that connect the mainland part of the metropolis with the island.

The longest bridge in the country was temporarily closed on Thursday for an investigative maintenance test, but was reopened on Sunday evening after completion of the test.

It was gathered that the test was to determine which parts of the bridge needed urgent attention.

Information reaching Business Post showed that details of the examination would be sent to Italy for analysis, while possible repairs might be done by the end of this year or early next year.

A statement issued today by the Permanent Secretary in the Lagos State Ministry of Transportation, Dr Taiwo Salaam, disclosed that the decision to reopen the bridge on Sunday earlier than announced followed the completion of the test by engineers.

The government also thanked motorists and residents for their cooperation and patience while the closure lasted.

The investigative maintenance test was carried out by the state government in partnership with the federal government.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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FCCPC Seals Paradise Estate Over Consumer Rights Violations

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Paradise Estate Abuja

By Adedapo Adesanya

The Federal Competition and Consumer Protection Commission (FCCPC) has sealed Paradise Estate in Life Camp Extension, Abuja, following serious allegations of consumer rights violations.

The action was taken due to the estate’s alleged failure to deliver housing units to buyers despite receiving full payment.

The FCCPC also cited multiple public complaints and other offences as grounds for the enforcement.

According to the commission, numerous complaints had been lodged against Paradise Estate, but the management repeatedly failed to comply with regulatory directives.

The non-compliance prompted the FCCPC’s visitation and eventual sealing of the premises.

Speaking to reporters, the FCCPC’s Deputy Director of Surveillance, Marvin Nadah, noted that the developer was given a seven-day window to respond to an official summons but failed to comply.

In its defence, Paradise Homes’ Head of Legal, Mr Aloysius Ezenwa, argued that the transactions were protected under the existing “Contract of Sale.” The company expressed its dissatisfaction with the sealing, maintaining that the dispute is a contractual matter that should be settled before a tribunal.

However, the FCCPC maintained that its actions were lawful and that it had not been served with any court appeal to halt the process.

The commission reiterated its stance on prioritising the rights of Nigerian consumers and ensuring developers are held accountable.

It noted its commitment to protecting consumers from unfair business practices and warned other real estate developers to adhere strictly to contractual obligations and consumer protection laws.

The FCCPC’s involvement in a housing complaint comes after a Federal High Court in Abuja ruled that the organisation has the powers to investigate consumers’ complaints involving banks and other financial institutions.

The banks, the court ruled, are answerable to FCCPC. It dismissed a suit filed by the United Bank for Africa (UBA) and slammed N2 million on it.

The decision has been described as a big win for bank customers.

In a statement signed by its Corporate Affairs Director, Mr Ondaje Ijagwu, FCCPC’s chief executive, Mr Tunji Bello, said, “This is a big victory for bank customers.”

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NPA Onne Honours Retirees

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Onne Port complex retirees

By Bon Peters

Retirees of the Nigerian Ports Authority (NPA) Onne Port complex in Rivers State were honoured at an event on Wednesday, April 22, 2026.

The ceremony was full of conviviality, renewal of camaraderie and more importantly a demonstration of love, affection and commitment as shown to the retirees by the management.

The Port Manager for Onne Port Complex, Mr Abdulrahmon Hussain, informed newsmen that the event was to appreciate the retirees who have shown commitment, laid foundation and also mentored most of the workforce at Onne.

“What the Nigerian Ports Authority Onne Port complex management is doing today is to appreciate our retirees,” he said.

“We believe that the foundation we are standing on today was laid by them. While in service, they have mentored our junior staff and contributed immensely to the growth and development of the Port.

“Simply put, you know here is referred to as a family Port and we want to sincerely show them that they are still members of the family though retired,” he added.

Mr Hussain also praised the Managing Director of the NPC, Mr Abubakr Dantsoho, for giving welfare of employees a priority.

“Today’s event is the first of its kind at our Port but we promise to make it more memorable going forward.

“Apart from the multivitamins and other drugs we provided for them, I feel the most important thing is the demonstration of love and care which the management has shown them today, and I promise that the management will do more next year,” he stated.

Also speaking, the Chief Medical Officer (CMO) of Onne Port complex Dr Bashir Kangiwa, applauded the Port Manager for the initiative describing it as the first of its kind.

He noted that when he was assigned to carry out the project from the Medical Department, he embraced the responsibility with all arms and was happy it was successful.

He hinted that the NPA has a policy that even as a retiree, they enjoy an unhindered access to the company’s medical facilities and could also be referred to another hospital if the ailment is beyond the organisation’s control.

One of the retirees, Mr Ndudim Amos Nwaji, a former NPA Senior Staff Association Chairman, thanked the management of Onne Port complex for the gesture.

He advised those in the leadership position of this country to borrow a leaf from the NPA management, insisting that the senior citizens of this country should be taken care of.

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Tinubu Seeks Senate Approval to Borrow $516m from Deutsche Bank

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Tinubu address nation

By Modupe Gbadeyanka

President Bola Tinubu has asked the Senate to allow him to borrow about $516.3 million for the Sokoto-Badagry highway.

In a letter addressed to the Senate President, Mr Godswill Akpabio, on Thursday, Mr Tinubu said the loan would be obtained from Deutsche Bank, as the Federal Executive Council (FEC) has already approved the financing plan in one of its meetings.

The President begged the upper chamber of the National Assembly for a quick authorisation of the fresh loan to fast-track work on the project, which is expected to further boost the nation’s economy.

According to him, the superhighway project is a flagship initiative under his administration’s Renewed Hope Agenda designed to enhance national connectivity, reduce travel time, and improve the movement of goods across key economic corridors.

He informed the Senate in the letter that the loan is structured for nine years, including a three-year grace period, with an interest rate pegged at the Chicago Mercantile Exchange SOFR plus 5.3 per cent per annum.

Speaking on the request, the Senate President, who referred the letter to the Committee on Local and Foreign Debts for legislative action and a report back in one week, emphasised that it is better to borrow for projects to improve road safety and foster national integration.

The proposed 1,000-kilometre road will link Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos States, connecting Illela to Badagry.

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