Tuesday, October 6, 2026
  • Login
No Result
View All Result
The Business Times
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
No Result
View All Result
The Business Times
No Result
View All Result
Home Business

Abule Egba Traders Protest Five-Day Relocation Ultimatum, Question ₦5m Shop Charge

byStephen Abebor
October 6, 2026
in Business, Economy
0
Abule Egba Traders Protest Five-Day Relocation Ultimatum, Question ₦5m Shop Charge
5
VIEWS
Share on FacebookShare on Twitter

Motor spare-parts and scrap dealers in the Ogunrinde Street and Super/Katangowa axis of Abule Egba, Lagos, have raised concerns over a five-day relocation ultimatum issued by the Agbado/Oke-Odo Local Council Development Area (LCDA), questioning the availability of space and the process for securing shops at the proposed new site.

The dispute follows plans to redevelop the Katangowa axis as part of the Lagos ICT Park project, with road construction already progressing in the area and preparations continuing for the relocation of businesses associated with Ikeja Computer Village.

The LCDA said it had facilitated three acres of land along the Amikanle axis for the affected spare-parts dealers as an alternative location.

However, a public notice issued by the council directed traders operating along Ogunrinde Street and inside Super/Katangowa Market to relocate to Amikanle Auto Spare Parts Market with immediate effect. The notice, which took effect on Friday, October 2, 2026, gave the traders five days to comply and warned of possible shop sealing and fines for those who failed to move.

The Committee for the Defence of Human Rights (CDHR), Lagos State Branch, said the timeframe was inadequate, particularly for traders who had recently renewed their rents and needed time to move their goods and reorganise their businesses.

CDHR Chairman, Comrade Adewale Ojo, said the organisation did not oppose legitimate government development projects but insisted that affected businesses should be properly engaged, given adequate notice and provided with a viable alternative before displacement.

The traders also questioned the allocation process at the proposed Amikanle site. According to CDHR, some traders were directed to one Bode Famuyiwa over the allocation of spaces but were later allegedly told that vacant land was unavailable and that existing shops were being offered for about ₦5 million each.

The council’s relocation notice does not mention Famuyiwa, prescribe an allocation procedure or state that traders are required to pay ₦5 million for shops. It therefore remains unclear whether the alleged charge is an official requirement or whether Famuyiwa has any formal role in the relocation exercise.

Some traders also said they had previously moved from another location after being told the land was required for drainage construction, only to face another relocation.

CDHR has called for any forceful eviction or demolition to be suspended pending consultation. It is demanding an official relocation plan showing available spaces, a joint inspection of the Amikanle site, clarification of any applicable charges and a reasonable relocation timeline.

The group also said it was willing to facilitate dialogue between the traders and government authorities and warned that it would seek legal redress if the dispute could not be resolved through dialogue. No LCDA representative was present at the CDHR press conference to respond directly to the allegations.

The LCDA, meanwhile, said the three-acre Amikanle allocation was intended to provide an alternative for the affected businesses and minimise the impact of redevelopment on traders’ livelihoods. The council also reaffirmed its commitment to stakeholder engagement and dialogue.

Tags: Abule EgbaAgbado Oke-Odo LCDAAmikanleCDHRKatangowaLagos businessLagos ICT ParkLagos tradersmarket relocationscrap dealersspare parts dealerstrader relocation
Stephen Abebor

Stephen Abebor

Next Post
DMO Opens FGN Savings Bond at 14.071% as Rates Fall

DMO Opens FGN Savings Bond at 14.071% as Rates Fall

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

CREI Secures $90 Million to Expand Renewable Energy for Telecom Networks Across Africa

4 months ago
NISO Reports 57% Shortfall in Gas Supply

NISO Reports 57% Shortfall in Gas Supply

7 months ago

Popular News

  • DMO Opens FGN Savings Bond at 14.071% as Rates Fall

    DMO Opens FGN Savings Bond at 14.071% as Rates Fall

    0 shares
    Share 0 Tweet 0
  • Abule Egba Traders Protest Five-Day Relocation Ultimatum, Question ₦5m Shop Charge

    0 shares
    Share 0 Tweet 0
  • States must compete for private investment, NESG tells governors

    0 shares
    Share 0 Tweet 0
  • Keyamo Says Subsidy Removal Enabled $500m Lagos Airport Reconstruction

    0 shares
    Share 0 Tweet 0
  • Reps Give HYPREP 7 Days to Explain N400bn Ogoni Cleanup Audit Queries

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Twitter Instagram TikTok

Newsletter

Pages

  • About Page
  • Contact
  • Domestic Gas Sales Rise 30% as Nigeria’s Energy Reforms Gain Traction
  • Privacy Policy
  • Terms & Conditions

Navigation

  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .