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Royal Gardens Estate Residents Protest Exploitation

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Royal Gardens Estate residents

By Modupe Gbadeyanka

Some Royal Gardens Estate residents in the Ajah area of Lagos State have accused the estate developer, Trojan Estate Limited, and its agent, Broll Properties Limited, of exploitation.

At a protest to kick against the activities of the organisations, the aggrieved residents also claimed the developer, which has Mr Rilwan Olakunle Tinubu as its Managing Director, has refused to obey the court directive on resolving the issues brought before it, noting that they are angry over the lack of transparency and disparity in electricity billing.

They claimed the facility company had to impose an outrageous service charge of N630,000 on each resident, which is also imposed on owners of undeveloped properties and an additional N27,000 for electricity consumption for the common areas.

Chairman of the residents’ association, Mr Anthony Ogbebor, said, “We are protesting three counts – Bulk meter system, which we insist must be removed. The bulk meter system is the system where you bill the estate from a source irrespective of individual usage.

“Hence, the total usage will become a token purchased by an individual plus the common area level. If there is any illegality in the electricity distribution, it falls back on the residents. It is not appropriate to bill us in such a manner, we should be billed based on usage and the various common areas should be properly metered.

“The utilities and costs should be documented and distributed amongst the residents. We can’t be grouped under the bulk meter system and accrue outrageous bills not utilized by the residents.

“Secondly, we are demanding improvement regarding our security. The security system is at its lowest ebb at the moment. We had to address the security issues by sitting with the estate facility managers, bringing in a consultant to evaluate the security system and designing a way out, which includes the installation of CCTV, automation of the gates and general improvements.

“For the past six months, we have tried to discuss this with them despite the residents’ readiness to take up the cost, they have yet to respond to us.

“Another issue is the Service Level Agreement that was not in existence from inception. We approached the court and the court instructed that they should go into agreement and mediation with the residents but the agents have been avoiding several mediations. To generate the SLA, they were expected to make inputs.

“For the past six years, we have been on this and Trojan and Broll have refused to sign the document. The lawyer representing Trojan is not happy with the refusal of his client to sign the SLA.

“There are other issues that need redress but we believe that if these three are addressed every other issue will fall into place. We are only canvassing for collaboration from the developer in resolving the outstanding challenges. We bought into your property does not mean you should hold us hostage.”

Meanwhile, at the time of filing this report, the facility managers refused to comment on the matter when approached at their office.

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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Atiku Raises Alarm Over Mystery Credit into Personal Bank Account

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atiku press conference

By Adedapo Adesanya

The presidential candidate of the African Democratic Congress (ADC) has raised concerns over a suspicious credit into one of his private bank accounts, alleging that his confidential banking details may have been compromised.

Mr Atiku, who is one of the top candidates challenging President Bola Tinubu in next year’s election, disclosed this in a statement on Friday signed by his Senior Special Assistant on Public Communication, Mr Phrank Shaibu.

The statement said the transfer was made by an individual unknown to the former vice president, with the narration, Contribution Electioneering Campaign.

“Neither His Excellency nor his campaign solicited, authorised or has any knowledge of the individual or entity behind the unauthorised payment,” a part of the statement read.

According to the statement, the circumstances surrounding the transaction were “deeply troubling” as the account was strictly private and its details were not publicly available.

“The account is a strictly private one whose details are not in the public domain. This raises a fundamental question: How did unknown persons obtain the confidential banking details of a private citizen?” it added.

Mr Atiku said the alleged access to his banking information raised broader concerns about the protection of Nigerians’ financial privacy.

“If the private banking information of a former Vice President and a leading presidential candidate can be accessed and deployed for reasons yet unknown, then no Nigerian’s financial privacy is safe,” the statement quoted him as saying.

The former vice president also expressed concern over the possibility that the information was obtained through individuals with privileged access.

“Even more disturbing is the suspicion that such confidential information may have been obtained through persons with privileged access,” the statement said.

Mr Atiku warned that a breach of confidential banking information could expose citizens to security threats.

“If established, this would amount to a grave abuse of power capable of exposing the account holder to kidnappers, terrorists, bandits, fraudsters and other criminal elements,” the statement added.

The ADC presidential candidate said security agencies and Nigerians had been notified of the development, describing it as part of a series of suspicious activities ahead of the 2027 general elections.

“We therefore put the Nigerian public — and the security agencies — on notice about this latest incident in a litany of suspicious activities leading up to next year’s general elections,” he said.

Mr Atiku urged Nigerians not to be distracted by what he described as attempts to smear his reputation as political activities intensify ahead of the elections.

“As political activities gather momentum, Nigerians should not be distracted by these tired tactics that smack of character assassination,” the statement read.

“Such desperate antics have failed before and will fail again,” he added.

The former vice president maintained his commitment to providing what he described as credible leadership and practical solutions to Nigeria’s challenges.

“The Waziri Adamawa remains focused on offering Nigerians credible leadership and practical solutions to the nation’s challenges,” the statement said.

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Dangote Refinery Remains Europe’s Biggest Jet Fuel Supplier

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Dangote refinery import petrol

By Aduragbemi Omiyale

For the second consecutive month, Dangote Petroleum Refinery and Petrochemicals has become the largest supplier of jet fuel to Europe, outpacing the United States of America (USA).

Data from Kpler showed that in July 2026, the Lagos-based oil facility, which has the capacity to refine 700,000 barrels of crude oil per day, produced more than 400,000 tonnes of jet fuel.

In June 2026, the private refinery, owned by Mr Aliko Dangote, exported 466,000 tonnes to Europe, underscoring its growing influence on international fuel markets and highlighting Nigeria’s emergence as a strategic player in global refined petroleum trade.

The latest data indicated that Dangote Refinery accounts for approximately 20 per cent of Europe’s total jet fuel imports last month.

The sustained export performance marks a significant milestone for the refinery, demonstrating its ability to consistently supply one of the world’s most demanding fuel markets with aviation fuel that meets stringent international quality specifications. Europe imported approximately 2.06 million tonnes of jet fuel in July, with Dangote accounting for the single largest share of those imports, ahead of traditional suppliers from the United States and the Middle East.

Industry observers say the refinery is rapidly reshaping established Atlantic Basin fuel trade flows by offering a competitive alternative to long-standing suppliers. While European buyers have traditionally relied on refiners in the United States, the Middle East and Asia, Dangote’s strategic location on Nigeria’s Atlantic coast, combined with its scale, modern technology and export capability, has enabled it to become an increasingly important source of aviation fuel for European markets.

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Tinubu Orders EFCC to Lift Embargo on Osun Govt Account

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Tinubu EFCC Chairman

By Modupe Gbadeyanka

President Bola Tinubu on Thursday directed the Economic and Financial Crimes Commission (EFCC) to vacate the court ordering the freezing of the bank account of the Osun Srate government.

In a statement today by his Special Adviser on Information and Strategy,  Mr Bayo Onanuga, the President said he’s “deeply embarrassed not by the EFCC’s exercise of its mandate backed by a court order” because of its timing,  which is just a few days to the governorship election in the state next Saturday.

According to him, actions of an institution of State, especially at the Federal level, is always credited to me, as the President, even when I may not have had any prior knowledge of the action.

“Since assuming office, I have consistently maintained that anti-corruption and law enforcement agencies must be allowed to discharge their statutory responsibilities independently, professionally, without fear or favour, or political interference. I have therefore deliberately refrained from directing or interfering in the operational activities of the EFCC or any other investigative or prosecutorial agency because I firmly believe that strong democratic institutions, operating within the confines of the law, are indispensable to democratic good governance and the rule of law.

“As President, I am committed to allowing institutions of State to function and take any action they consider necessary in the interest of proper governance without the need for any prior approval.  Indeed, that is why institutions are set up by law with clearly defined powers.    While I am yet to be fully apprised of the facts which informed the action of EFCC in approaching the court to obtain the said order freezing the Osun State Government account, I am not in the slightest doubt that the timing of the action of EFCC is inauspicious, and therefore I feel compelled to intervene.

“Osun State is only a few days away from its gubernatorial election. Therefore, nothing ought to be done to give an impression that the EFCC or indeed any other agency of the federal government is being used to interfere with the election.

“Based on the foregoing premise, I am duty-bound to issue a directive on this issue in consonance with the overriding public interest in preserving public confidence and the integrity, credibility, and fairness of our democratic process.

“Accordingly, I have directed the EFCC to immediately proceed to the court to vacate the order and discontinue whatever action it has instituted against the Osun State Government in this regard,” the statement stated.

 

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