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Lagos To Review Law On Kidnapping

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By Dipo Olowookere

Governor Akinwunmi Ambode of Lagos State on Sunday assured parents and families of victims kidnapped from Lagos Senior and Junior Model College, Igbonla-Epe that they would be rescued very soon.

Mr Ambode promised that the government would also commence a review of its laws to curb and effectively punish perpetrators of such act.

He said the state government was collaborating with security agencies to ensure the victims are rescued and reunited with their families.

The Governor, who spoke shortly after carrying out an extensive inspection of projects across the State, also issued a 7-day ultimatum for all illegal structures on the State’s waterfront to be demolished.

Speaking to journalists at the Illubirin Housing Scheme in Lagos Island, Mr Ambode expressed worry about the erection of several shanties and structures within the premises and especially on the waterfront. He emphasised that such would not be allowed in the state anymore.

He said kidnappers, suspected militants and criminally minded persons often seek refuge in such shanties close to the waterfront, from where they perpetrate their heinous crimes and then make use of the waterways to ferry their victims to another location, in most cases to another state.

The Governor said, “I also want to use this opportunity to appeal to all those living in the shanties around these schemes especially on the waterfront illegally that they should vacate the areas forthwith.

“You will see that most of the issues that we have with kidnappings are actually being brought up by those who are illegal settlers by the waterfront. We will commence demolition of all the shanties around the creeks in Lagos State and also around our waterways in the next seven days. I have given directives to that effect to the appropriate agencies.

“The safety of our children and all Lagosians is paramount in this administration. We will not allow a few set of people who come into Lagos and stay on our waterfront illegally and then use it as opportunity to kidnap our people. I also want to assure our people that government is seriously on the issue of the children and the teachers that were kidnapped in the Igbonla Model College and very soon, we will get the victims back.

“I believe that the era of kidnapping has come to an end. We are going to review our laws and I can tell you sincerely that we will deal with kidnappers squarely in Lagos from this moment onwards. We will review our laws and make sure that there is no room for kidnappers in this State”.

Governor Ambode, who also spoke on the plans to continue construction of the Illubirin Housing Scheme, said his administration has taken time to review its mortgage scheme vis-à-vis its financial flow, adding that the Illubirin axis would be designed as live, work and play environment under a private sector initiative.

“In addition to that, the other housing projects that we are doing are on course and I want to assure Lagosians that in the next few months, we will be seeing a whole lot of housing units being rolled out. We believe strongly that people should be able to pay one month rent and live in our housing schemes.

“We don’t think in a recession, we should be having a situation where we allow people to come and buy when they don’t have money or to come and pay one year rent. We think the way to move forward is to allow these our younger ones to just pay one month deposit and pay one month rent and move into the houses and then more or less play up our rent-to-own scheme,” Governor Ambode said.

Also speaking, Commissioner for Housing, Mr Gbolahan Lawal, debunked insinuation that the Illubirin Housing Scheme had been abandoned saying that the project has been remodelled to accommodate 500 housing units.

He said government, in collaboration with a private investor who is investing about $500 million into the scheme, has perfected plans to make the scheme a live, play and work environment.

He said about five hectares would be dedicated for leisure, while there would also be commercial activities, as well as flyover which would be constructed.

Mr Ambode also inspected the Federal Government Guest House in Marina which has been handed over to the State Government and the ongoing ultra-modern Bus Terminal in Tafawa Balewa Square (TBS) in Lagos Island.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Dangote Unveils Phone Number to Report MRS Stations Selling PMS Above N739

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By Modupe Gbadeyanka

A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.

The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.

This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.

“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.

“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.

The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.

Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.

By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.

The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.

“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable. We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.

Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.

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ANLCA Airport Chapter Scores Salamatu High on Stakeholder Engagement, Trade Facilitation

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By Bon Peters

The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.

At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.

At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.

“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.

He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.

The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating  trade and increasing Revenue generation.”

“I remember I told her she was a mother during her maiden visit to the airport.

“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.

“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.

Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.

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FG Declares Holidays for Christmas, New Year Celebrations

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By Adedapo Adesanya

The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.

The government also declared Thursday, January 1, 2026, for the New Year celebration.

The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.

According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.

Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.

He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.

Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.

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