Burnt mall: Lagos traders to get tax break, financial support – Newstrends
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Burnt mall: Lagos traders to get tax break, financial support

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Lagos State Governor, Mr Babajide Sanwo-Olu, has promised to assist tenants and shop owners who suffered huge losses in the recent looting and burning of the Circle Mall by hoodlums in Lekki in the aftermath of the #EndSARS protest.

 The governor said this during a condolence visit and meeting with the tenants and shop owners at the mall, offering to give them a tax break and some financial assistance, according to a statement by Sanwo-Olu’s Chief Press Secretary, Gboyega Akosile.

It would be recalled that some hoodlums went on the rampage on Wednesday October 21, after the EndSARS protests and looted property worth billions of naira at the Circle Mall and set parts of the building ablaze.

Speaking on his administration’s readiness to assist those affected by destruction at the mall, Governor Sanwo-Olu said the state government would not leave the people to bear the pains alone, noting that government would assist them to return to their business.

The governor said the state government would give all business owners in the burnt Circle Mall tax break of PAYE and appealed to the Federal Government to ensure that they get tax relief from the Federal Internal Revenue Service (FIRS).

Governor Sanwo-Olu said the state government would give victims of the Circle Mall financial support, which would be in form of grant or loans to cushion the effect of the looting and destruction of their respective shops and stores.

Sanwo-Olu said the grant support would be a non-refundable financial support to the victims.

He said the affected businesses were not expected to pay back while the lending support would be in form of a loan, adding that he was already discussing with some financial institutions to assist people with zero interest loans.

Sanwo-Olu also asked the shop owners to reach out to the Lagos State Employment Trust Fund (LSETF) and urged them to make use of the opportunities being provided by the agency in assisting people in business, especially small-scale businesses.

The governor further implored people on reorientation of value system and civil responsibility for everybody to be agent of positive change in their community and anywhere they found themselves.

Reiterating his administration’s commitment to security of lives and property in the state, Sanwo-Olu said that Lagos State would no longer tolerate hoodlums looting and destroying government and private businesses and properties.

He said though Lagos State Government could not stop people from coming into the state, the governor warned people with criminal intentions to go elsewhere before being smoked out by the government.

The governor said his government was ready to encourage people who are in Lagos for business and would go extra mile to protect businesses in the state.

Speaking earlier, the tenants at Circle Mall thanked Governor Sanwo-Olu for showing empathy in the face of daunting challenges.

They asked him to assist them financially so as to get back on their feet.

They also appealed to Lagos State Government to strengthen security around the Circle Mall to prevent future occurrence of the two attacks they suffered in the last 13 months.

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JUST IN: Tinubu arrives Abu Dhabi for sustainability week

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President Bola Ahmed Tinubu and Sheikh Shakhboot Nahyan Al Nahyan

JUST IN: Tinubu arrives Abu Dhabi for sustainability week

President Bola Ahmed Tinubu arrived in Abu Dhabi in the early hours of Sunday to participate in the 2025 edition of Abu Dhabi Sustainability Week (ADSW).

President Tinubu touched down at 2:14 a.m. local time and was received by Sheikh Shakhboot Nahyan Al Nahyan, UAE’s Minister of State in the Ministry of Foreign Affairs.

Themed “The Nexus of Next: Supercharging Sustainable Progress,” this year’s ADSW summit will see President Tinubu highlighting Nigeria’s achievements and reforms in energy sufficiency, transportation modernization, public health improvements, and economic development.

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His presence underscores Nigeria’s commitment to tackling global challenges through sustainable and cooperative strategies.

During the summit, the President is expected to hold bilateral discussions with UAE leaders, focusing on strengthening ties and exploring shared opportunities.

President Tinubu is accompanied by Minister of Foreign Affairs Ambassador Yusuf Tuggar and other senior officials.

He is slated to return to Nigeria on Thursday, January 16.

ADSW 2025, a globally recognized event for sustainability innovation, brings together business leaders and civil society representatives to advance sustainable development and foster economic progress.

Over its 15-year history, the summit has established itself as a key platform for forging partnerships and driving impactful initiatives in clean energy and global growth.

JUST IN: Tinubu arrives Abu Dhabi for sustainability week

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Delta Gov Oborevweri sacks commissioner for information 

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Delta Gov Oborevweri sacks commissioner for information 

 

Delta State Governor, Chief Sheriff Oborevweri, has sacked his Commissioner for Information, Dr Ifeanyi Osuoza.

The governor has reportedly directed the state Commissioner for Works (Rural roads), Charles Aniagwu, to take over the affairs of the ministry.

Director General, Delta State Bureau for Orientation and Communication, Dr. Fred Latimor Oghenesivbe, confirmed the development.

“Charles Aniagwu will take over the two ministries (Works and Information) for the meantime,” he stated.

It was learnt that Osuoza was sacked after a series of complaints of alleged incompetence.

Aniagwu had served as Chief Press Secretary (CPS) and Commissioner for Information during ex-Governor Ifeanyi Okowa’s eight year tenure.

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Tinubu to Mahama: You can count on Nigeria’s support

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President Biola Ahmed Tinubu and Ghana’s newly inaugurated President, John Dramani Mahama

Tinubu to Mahama: You can count on Nigeria’s support

President Bola Tinubu of Nigeria has assured Ghana’s newly inaugurated President, John Dramani Mahama, that he can count on Nigeria’s support.

The remark was made on Tuesday during Mahama’s inauguration ceremony at the Black Star Square in Accra.

He noted that Ghana has answered the question of whether Africa is capable of democratic and productive endeavors, and that it is time for Africa’s critics to stop asking the continent to prove itself.

The Nigerian president emphasized the importance of African unity and cooperation, adding that the legacy of Ghana’s first President, Osagyefo Dr. Kwame Nkrumah is a guiding spirit for African progress. Tinubu urged African nations to avoid conflict and choose peaceful dialogue to resolve differences while resisting external forces that seek to divide them.
Addressing Mahama, Tinubu said, “My dear brother, I am here to work with you. You know you can count on Nigeria’s support at any given time you call on me. We are your brothers and sisters. We shall always be there for you.”

Tinubu’s remarks read:

It is always good when a friend and brother can visit the home of a close neighbour to celebrate his success and progress with him.

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We celebrate African Democracy today as Ghana and her beloved people mark the transition from one democratic government to another. This moment does more than symbolise another milestone in the evolution of Ghanaian democratic society. It lays to bed the question of whether Ghana and Africa are capable of democratic and productive endeavours. Ghana has answered that question resoundingly. It is time that Africa’s critics stop forgetting the strides your nation, Nigeria and others have made by continuing to ask us to prove ourselves. We have nothing to prove to anyone except ourselves. We have found the critical path to our success. We shall lift our nations out of poverty and build a resilient economy at our own pace.

Today, I am here not only as the President of Nigeria but also as an African in resolute support for Ghana and her people. This moment is a source of pride and honour for you, the entire Continent, and its Diaspora.

The sun is out, and the sky says daylight, but I see today a Black star rising high in the African sky. This black star shines over this nation, and its rays spread across this Continent with a sense of shared history, hope, compassion, unity, and devotion to our common welfare.

While others may seek to demean Africa and keep brother pitted against brother, that shining star reminds us of who we are. Better yet, it reminds us of who we can be. That star means that we shall always strive to work together. Even when we disagree, we shall dialogue and discuss until we reach an agreement. Never, never shall we harm others and never allow any outsider to hurt us or disrupt the unity for which so many of our heroes gave their sweat, blood, and very lives to achieve.

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The spirit of Ghana’s first President, Osagyefo Dr. Kwame Nkrumah, is here today, lifting that star higher and higher. Just as Ghana draws inspiration and a well of strength from Kwame Nkrumah and many of its past leaders, Nigeria similarly draws inspiration from its founding leaders who not only fought for her independence but also cherished the close relationship between our two nations.

May we always walk in the way and the spirit of these enlightened leaders.

Ghana is in harmony with that spirit, and President John Mahama’s inauguration today reflects that.

Your new president is a man of patriotic vision and substance. He loves his nation and its people to the core. He believes that your nation has a mission and intends for you all to fulfil it. No one can ask more of a leader than that.

President John Mahama and I share a deep friendship. My dear brother, I am here to work with you. You know you can count on Nigeria’s support and goodwill whenever needed. We are your brothers and sisters. The bond is strong and cannot be broken.

May your administration be a profound success and progress for you, Ghanaians, and our entire region.

I am confident that the new government, under the leadership of President John Mahama, will work with Nigeria to strengthen this powerful bond, leading to greater shared prosperity for our people. I have no doubt that your administration will bring about positive change and progress.

Your ascension to power should also mark a new and invigorated momentum in pursuing subregional integration and progress. With laser focus, we can tackle our people’s most pressing concerns: poverty, youth unemployment, instability, insurgency, and many other problems hampering our desired progress.

May Ghana’s democracy continue to grow stronger. May progress and prosperity be your portion. Let us all look forward to a future filled with hope, opportunity, and prosperity.

God bless Ghana and its Beloved People.

God bless Nigeria and its Beloved People

God bless ECOWAS

God bless our Beloved Africa.

I thank you for your kind attention.

Tinubu to Mahama: You can count on Nigeria’s support

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