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Prices of goods soar over Lagos trade fair market crisis


A roll of cereal that used to be sold for N700 per roll of 10 now sells for N1000. A trader, Vincent Okuli, said prices of commodities rose sharply since two weeks ago and some traders are beginning to lose customers.
Some of the BBA market traders said there was rumour of likely invasion of their market by thugs loyal to a former chairman of the market association.
The aggrieved traders who addressed journalists yesterday, said the alleged invasion could happen between Sunday and Wednesday as they called on security agencies to intervene.
The Chief Security Officer (CSO) of the association, Chief Celestine Emechebe, said although there was a court verdict on the leadership tussle, the feuding parties have not complied. ....

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Law Firm Seeks Clarity on FG's Plan to Sell Key National Assets


By Emmanuel Addeh
A commercial law firm, Olaniyun Ajayi, which boasts of nearly 60 years’ experience in the business, has called for clarity in the federal government’s bid to sell some key national assets to boost the country’s revenue.
Writing in its March bulletin, the company noted that it was obvious that the government had resorted to the development as a means of improving liquidity, reducing operating costs and improving the operational efficiency of certain its assets given the depth of resources and higher levels of expertise that is abound in the private sector.
Specifically, it noted that the government intended to use the proceeds realised from the disposal of the assets which cut across energy, industries, communications and infrastructure, to fund the 2021 budget. ....

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Does privatisation serve public interests?


ON THE GO
Resident permit: Immigration warns Nigerians against fake marriages to foreigners
Muhammed Babandede, comptroller-general of the Nigeria Immigration Service (NIS), has warned Nigerians against marrying foreigners in the attempt to procure resident permits.Advertisement Speaking at a meeting with journalists in Abuja.
Kaduna closes case against El-Zakzaky, asks court to convict him
The Kaduna state government has asked a high court in the state to convict Ibrahim El-Zakzaky, leader of the Islamic Movement in Nigeria (IMN).Advertisement El-Zakzaky and his wife, Zeenat, are.
‘It’s utterly naïve’ Buhari speaks on attempted Niger Republic coup
President Muhammadu Buhari has condemned the attempted coup in Niger Republic, describing the action as “utterly naïve”.Advertisement There were reports of heavy gunfire near the presidential palace of Niger Republic. ....

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