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Pandemonium as commercial bus drivers protest exploitation by Lagos touts
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Lagos govt to take 24 % equity in TBS, Trade Fair Complex
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An umbrella body for the 61 investors that secured different development lease agreements from the Federal Government through the Ministry of Industry, Trade and Investment and Trade Fair Management Board have petitioned the government against the planned concession of the Lagos International Trade Fair complex on Lagos Badagry Expressway.
This was disclosed in a statement titled ‘Sixty-one investors reject concession plan of Lagos Trade Fair complex by BPE’, issued by the President, Association of Progressive Traders in the complex, Chief Eric Ilechukwu, on Sunday.
It recalled that recently, the Bureau of Public Enterprises issued a statement that it would showcase investment opportunities in Lagos Trade Fair complex, TBS, Calabar and Kano Special Economic Zones to the investing public in a webinar in Abuja.
Balogun market shifts resumption to Jan. 11 for security reasons
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The Caretaker Management Committee of Balogun market, Lagos Trade Fair Complex, has shifted its resumption, earlier scheduled for Jan. 4, to Jan. 11, for security reasons, the Secretary of the committee, Mr Leonard Ogbonnia has said.
Ogbonnia said in a statement on Sunday, in Lagos, that it would be risky to reopen the market, earlier closed on Dec. 24 for the Christmas holidays, on the stated date because of the security situation in the market.
The News Agency of Nigeria (NAN) recalls that the committee, led by Mr Anslem Dunu, was inaugurated to manage the affairs of the multi-billion-Naira market for three months; pending an election that would usher in new executives.
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