TheNewsGuru

Tag: Market

  • Lagos spare parts market inferno leaves one dead

    Lagos spare parts market inferno leaves one dead

    The Akere Spare parts market situated on Kirikiri road,  Olodi-Apapa,  Ajegunle in Lagos state was today, (Wednesday) engulfed in fire.

    This information was provided and subsequently updated via a statement by the Lagos State Fire and Rescue Service Director, Margaret Adeseye.

    She noted that the Ajegunle Fire Station was the first respondent at the scene.

    She confirmed the Sari-Iganmu and Ilupeju Fire Crews of the Agency later joined in subduing the raging fire.

    The quick response salvaged “a nearby market Petroleum Filling Station with a loaded 33,000 litres PMS tanker, amongst other adjoining buildings.”

    A male adult was recovered by the Tolu Police Division, while the Lagos Neighborhood and Safety Corps and the Red Cross also sent personnel.

    The statement added that the cause would be investigated alongside post-incident enumeration to account for the number of lockup shops and wares lost.

  • Police investigate Funke Akindele’s market attack

    Police investigate Funke Akindele’s market attack

    The police command in Lagos state says it has started investigations into the alleged attack on Funke Akindele, the Peoples Democratic Party (PDP) Deputy Governorship candidate in the state.

    The command’s spokesperson, SP Benjamin Hundeyin, confirmed this on Tuesday.

    Recalled that on Tuesday, Jan. 24th, suspected hoodlums stormed the popular Ikosi fruit market in Ketu area of Lagos, and chased out the Nollywood actress, who is also the state PDP deputy governorship candidate.

    The incident happened when Akindele went with her supporters to campaign at the market located in the Kosofe Local Government area of the state.

    The PDP governorship candidate, Abdul-Azeez Adediran, popularly known as Jandor, confirmed that/ their campaign was aborted following the incident.

    The police spokesperson said that apart from the attack on Akindele, the command was also investigating the alleged clash between the PDP and APC at the Aguda area of the state, which resulted in a shootout.

    Hundeyin confirmed that three persons were injured in the Aguda clash, stressing that no death was recorded.

    “We saw the video where some people were brandishing dangerous weapons. As at now, no arrests have been made.

    “We are investigating the case. The police have told individuals and groups going for campaign to get police back-up but some people are not adhering to that requirement,” he said.

    On the crisis-prone areas in Lagos state, Hundeyin said all the areas identified to have possible crisis have been taken care of, with special deployment of personnel.

    “We have identified the areas and adequate preparation has been made. There would be no issue, bearing all arraignments on ground.

    “We appeal to members of the public to help the police by providing information on strange gatherings and activities,” he said.

    Hundeyin said that the security arrangement in Lagos State for the elections involved all security agencies, including the military.

    “On election day, if you see anything, alert the security agencies around you. There would be massive deployment of security personnel everywhere that day,” he added.

  • Just In: Fire guts Anambra timber market

    Just In: Fire guts Anambra timber market

    Some shops at the Ogbo Osisi Timber Market Bridgehead, Onitsha in Anambra State have been engulfed by fire.

    No one has been able to ascertain the cause of the fire but it was gathered that it started late in the evening on Saturday.

    Confirming the incident in a statement, the Anambra State fire chief, Martin Agbili, said the men of the state fire service have been deployed in the fire scene.

    “I have deployed our firefighters to the fire scene. They are there fighting the fire,” Agbili said.

    More details shortly…

  • Man Utd market value jumps 70% since sale announcement

    Man Utd market value jumps 70% since sale announcement

    Manchester United’s market value has jumped by £1 billion in three days after the Glazer family announced the club was up for sale.

    The Manchester Evening News says United’s stock market value has risen to $3.6billion (£2.98bn) following the announcement from the Glazer family that they are open to selling the club.

    United’s shares have continued to rise all week following a statement from the club on Tuesday that the club was looking at ‘different strategic alternatives’ including the possibility of a full sale.

    The shares, which are traded on the New York Stock Exchange, rose more than 17 percent to $22.05 (£18.22) in morning trading on Friday, meaning the stock is up almost 70 percent from its Monday closing price of $13.03 (£10.77) a share.

    These recent stock gains have pushed the market value of United to more than $3.6 billion (£2.98bn), meaning that is likely to be the lowest amount the owners would consider selling for, though it is understood they will attract offers far above that and could seek as much as £5billion to sell.

    Tribalfootball

  • Fire guts popular drugs market in Anambra

    Fire guts popular drugs market in Anambra

    Goods worth millions of naira were destroyed in a fire at the popular Ogbo Ogwu Market in Onitsha, Anambra, on Tuesday.

    Anambra Fire Service chief, Mr Martin Agbili, who confirmed the incident, said the cause of the fire was yet to be ascertained.

    Agbili said the fire affected a section of the market, but the cause and extent of damage was yet to be ascertained.

    “My men are currently at the scene battling the fire,’’ he said.

  • FCTA threatens to shutdown Area I market

    FCTA threatens to shutdown Area I market

    The Federal Capital Territory Administration (FCTA), on Monday in Abuja threatened to shut down the Area I Shopping Complex and Market over alleged unwholesome activities by traders.

    The Coordinator, Abuja Metropolitan Management Council (AMMC), Malam Umar Shuaibu issued the warning when he visited the market with other senior officials of the administration to ascertain the genuineness of several complaints received about the market.

    Shuaibu said that the mall which was the first in Abuja, needs to meet the desired standard.

    ”The market has places earmarked for different purposes but the traders have thwarted the whole plan.

    ”The administration will take stringent measures as soon as the committee sets up to review the situation submit its report.

    “The committee comprises of FCT strategic agencies, departments and secretariat. So, as soon as the committee finishes it work, we will commence enforcement. Some structures will be removed with others relocated,” he said.

    He regretted that the informal sector in the area have littered the entire place without taking into account best hygiene practices.

    “We are in the market on a fact finding mission because of the several reports and complaints we have received.

    ”The whole place has been littered especially by the informal sector, there are areas reserved for walkways, pedestrians and parking. This area must be used according to what was planned.

    “We are going to restore sanity by removing all these illegalities. The places that require relocation and removal will all be addressed,” he said.

    He said the market was recognised internationally and must be in conformity with set standards.

  • Court restraints Plateau Govt. from rebuilding Jos Main Market

    Court restraints Plateau Govt. from rebuilding Jos Main Market

    A Jos High Court on Tuesday granted a perpetual injunction restraining Gov.  Simon Lalong of Plateau from rebuilding the burnt Jos main market.

    Justice P.S. Gang granted the order sought by member representing Jos South/Jos East in the House of Representatives, Rep. Musa Bagos.

    Gang in his ruling stopped Lalong, the Attorney-General of the state from entering into any agreement or partnership to rebuild the Jos main market.

    Bagos on Aug. 2, filed a suit challenging the planned signing of a Memorandum of Understanding (MoU), between Plateau government and Jaiz Bank to rebuild the Jos main market.

    The plaintiff had through his Counsel, Mr Darong Niri, raised four issues for determination before the court and sought seven reliefs and the court granted all the seven reliefs.

    The market, reputed as one of the largest indoor markets in West Africa, was constructed in 1975 by the Joseph Gomwalk,  military government of old Benue-Plateau.

    It was razed in 2002 following a twin bomb blast that gutted most of the shops.

    Government said it had gone round in search of investors, with no success, until Jaiz Bank indicated interest with an offer.

  • Gov Ayade grieves over Calabar market fire

    Gov Ayade grieves over Calabar market fire

    Gov Ben Ayade of Cross River has expressed sadness over the fire that destroyed goods worth millions of naira on Tuesday at the popular fruits Market at Marian in Calabar.

    The Cross River governor made this known in a statement by his Deputy Chief Press Secretary, Mr Linus Obogo and made available to newsmen in Calabar on Wednesday.

    He described as sad and disturbing recurring fire incidents at the Marian Market.cWhile empathising with the victims over the incident, Ayade promised to urgently profer solution to frequent fire incidents in the market.

    “I am saddened by the news of the fire outbreak at the Marian Market and the attendant loss of goods and property.cI deeply sympathise with the traders whose goods may have been destroyed as a result of the fire incident.”

    “| am worried about the recurring incidents of fire outbreaks at the Market.cAs a government, we are looking into how we can put a stop to it. It has happened one time too many,” he stated.

    It would be recalled that the popular Market was gutted by fire in the early hours of Tuesday and over 30 lockup shops were affected by the inferno.

    Mrs Olumayowa Olomola, Commanding Officer, Calabar Command of the Federal Fire Service disclosed that the fire was caused by gas explosion in one of the lockup shops.

    According to her, “The fire started from one of of shops where the occupant, a woman who was boiling beans, slept off.

    “The woman in question had other cylinder filled up with gas in her shop and this led to the explosion when what she was cooking got burnt.”

    She, however, said that no life was lost in the incident.

  • Gas explosion rocks Calabar fruits market, multi-million naira goods destroyed

    Gas explosion rocks Calabar fruits market, multi-million naira goods destroyed

    A fire outbreak at the Marian Fruits Market in Calabar destroyed goods worth millions of naira on Tuesday.

    It took men of the Federal Fire Service about five hours to put out the fire, which destroyed goods in more than 30 lockup shops.

    Mrs Olumayowa Olomola, Commanding Officer at the Federal Fire Service in Calabar told NAN that the fire was caused by a gas explosion in one of the lockup shops.

    She said that the command received a distress call at 2.40 a.m., when the fire started and its operatives immediately swung into action.

    “The fire started from one of the shops where the occupant, a woman who was boiling beans slept off.

    “The woman in question had other cylinders filled with gas in her shop and this led to the explosion when what she was cooking got burnt.

    “There was no response from any other fire service until the Federal Fire Service put out the fire around 7 a.m.,’’ she said.

  • Dei-Dei building materials market in Abuja reopens

    Dei-Dei building materials market in Abuja reopens

    FCT Minister, Malam Muhammad Bello, has directed the re-opening of the Dei-Dei building materials market in Abuja and its adjoining markets.

    The government shut the market on May 19 after a crisis was recorded there on May 18.

    The minister told newsmen on Thursday in Abuja at the end of a meeting he had with major stakeholders of the Dei-Dei community that the markets would re-open for business from Friday, May 27.

    He said stakeholders at the meeting agreed that the May18 fracas had no ethnic underpinning, but was ignited by a traffic accident hijacked by hoodlums.

    “We held an important meeting with stakeholders of the Dei-Dei community; the leadership of the five major markets, the head of community, His Royal Highness, Dr Idris Musa, the Sarkin Jiwa and religious leaders.

    “Basically, we reaffirmed the need for peace in that community as well as in the FCT in general.

    “The conclusion of our meeting is that all the communities agreed that what happened was not a tribal or religious crisis.

    “What happened was just an unfortunate accident that was hijacked by hoodlums in the community who created havoc,’’ the minister said.

    He added that the consensus was that every community in the area should flush out miscreants and hoodlums.

    Bello said the meeting also resolved that corrective measures would be taken on structures in the market that were not in conformity with the Abuja Master plan.

    On the activities of commercial motorcyclists, the minister said that their operations would be brought under full regulation and control.

    “Generally, the stakeholders agreed that peace is very important. Without peace, there will not be economic development and without peace, there will be no society.

    Bello announced the constitution of a technical committee that would provide a comprehensive report and a roadmap for the re-development of the whole area for the benefit of citizens.

    The committee, which has four weeks to submit its report, is chaired by Ibrahim Ismaila, Senior Special Assistant to the Minister on Land, Urban and Regional Planning.

    Members of the committee were drawn from the local and business communities of the Dei-Dei area, security agencies and officials of the FCT Administration.

    The Sarkin Jiwa also sued for peace, saying members of the community are brothers and sisters and should endeavour to live in peace at all times.

    “We should be our brothers’ keepers and endeavour to live in peace with one another.

    “We should instruct our followers to keep away from the past ugly incident and ensure that peace reigns in the area,’’ he said.

    In his remarks, Chairman of the market, Mr Kingsley Orabuego, said: “we have to live in peace as one nation. We are here to make ends meet and we cannot live without one another. We cannot progress without one another.

    “I am urging all the people of Dei-Dei Building Materials Market to live in peace and embrace one another.’’

    Trouble started at the market community on May 18 when a passenger on a commercial motorcycle fell off the bike and was crushed by a vehicle.

    Hoodlums seized the opportunity to loot and raze the building materials shops at the market under the pretext of a consequent protest.