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Lagos Demolition: ASATU Prime Minister Metchie offers land in Umueri for International market
The Prime Minister of the Anambra State Association of Town Unions (ASATU), Dr. John Metchie, has revealed that a huge stretch of land is available in Umueri community, Anambra East Local Government, for Igbo traders and other businesses to build an international market of global standard.
Metchie who is also the President-General of Umueri General Assembly, stated this while reacting to the ongoing demolitions of structures in some parts of Lagos State which has affected many traders from South East.
The demolition which has so far affected areas like Lekki, Alaba Market, Ajao Estate, Abule Egba, Ladipo Market and others, has raised serious controversy with Ohaneze Ndigbo and other socio-economic groups calling for human-faced approach to such exercise in view of the harsh effect it is having on traders and other businesses of people of South East living in the state.
But the Lagos State government, through the Commissioner for Environment and Water Resources in the state, Tokunbo Wahab, has said that the demolitions are targeting only illegal structures built without approvals, adding that the move was aimed at restoring sanity.
in a statement Friday, which he personally signed, Chief John Metchie who is also the African Director, International Association of World Peace Advocates (IAWPA), said it was difficult at the moment to determine whether or not the demolitions were deliberately targeted at Igbo traders as some of the victims claimed, in view of the state government’s position only illegal structures are being affected.
Metchie said that the only available and long-term solution to the recurrent ugly occurrence of demolitions in Lagos, is for Igbo traders and those engaged in other businesses, to take advantage of the situation to begin investment at home, adding that Umueri, which he said already has an international cargo and passenger airport, provides the best destination for investment.
“What is happening in Lagos, in terms of demolition of properties belonging to, or housing businesses, owned mainly by Igbo traders is very unfortunate and worrisome.
“But when you look at it from the claims and counter-claims, you would see that it is difficult at this point to draw conclusion. This is because, while the affected traders say that the demolition was deliberately targeted at them and their businesses because they are Igbo, the state government is brandishing documents, claiming that only illegally built structures were being removed, in order to restore sanity.
“Therefore, the only window we have at the moment is to advice the state government to trade with caution in carrying out the exercise. This is because it is wrong to bring down the means of livelihood of people without providing them alternatives.
“Again, whether the structures were built illegally or not, it is still officials of government that signed the allocations, maybe after collecting underhand inducements.
“To that effect, Lagos, as a responsible government, should consider paying compensations to the affected traders and other businesses, to reduce the hardship caused by the demolitions.”
He said that the long term and permanent solution to the issue is, looking back home.
“This is therefore a call to Igbo traders and other businesses in Lagos and other parts of Nigeria and the world to look back and think home.
“No matter what you have abroad, you are still a stranger there. While we believe and propagate one united Nigeria, it is good to invest at home or close to home. In Umueri, we have large expanse of land that can accommodate an international market. Already Umueri boasts of an International Cargo and Passenger airport. Our roads are good. We have social amenities including a General Hospital with standard facilities, among others.
“This large of expanse of land is available for business men and women from the entire five south east states and other parts of Nigeria to build an international market of global standard and our people are ready to go.
“In addition, with the developmental strides of our Governor, Prof. Chukwuma Soludo, which is transforming every part of Anambra State with unprecedented speed, Anambra State and especially Umueri, is the best destination for those looking for where to reap hugely on their investments,” Chief Metchie stated.
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FCT Minister sacks Revenue Service boss
Myesom Wike, the Minister of the Federal Capital Territory, FCT, has sacked the Acting Executive Chairman of the Federal Capital Territory Internal Revenue Service, FCT-IRS, Mr Michael Ango, of his duties.
The announcement was contained in a statement late Friday by the minister’s Senior Special Assistant on Public Communications and Social Media, Lere Olayinka.
The statement added that the decision takes immediate effect.
Olayinka said the minister directed the most senior official of the FCT-IRS to immediately assume leadership of the agency
“The Minister of the Federal Capital Territory, Nyesom Wike, has sacked the Acting Executive Chairman of the Federal Capital Territory Internal Revenue Service, Mr Michael Ango,” he stated.
He added that “the most senior official of the FCT-IRS has been directed to take over the running of the revenue agency with immediate effect.”
The statement did not provide reasons for the removal.
News
Speaker, 14 other River State assembly members decamp to APC
15 members of the Rivers State House of Assembly, led by Speaker Martin Amaewhule, have left the Peoples Democratic Party, PDP, for the All Progressives Congress, APC.
Amaewhule disclosed the lawmakers’ decision during Friday’s plenary, attributing their defection to what he called a “clear division” within the PDP.
“Distinguished colleagues, very happily, let me announce that your Speaker has decided, and has indeed written to my ward chairman of my decision, to leave the PDP. APC is my new party,” Amaewhule said.
Amaewhule’s Deputy, Dumle Maol, is one of the 16 lawmakers that joined APC as well.
All the lawmakers, who have jumped ship, are core loyalists of the Minister of the Federal Capital Territory, FCT, Chief Nyesom Wike.
News
CBN rolls out new directives to track financial fraud
The Central Bank of Nigeria,has rolled out a new framework ito expedite handling of fraud accusations and refund victims.
Customers must report suspected fraudulent transactions within 72 hours under this draft guideline, and financial institutions have 16 working days to look into the matter and repay money.
The action comes in the wake of a dramatic increase in banking sector fraud.
According to data from the Financial Institutions Training Center, losses in the first quarter of 2025 increased to ₦3.29 billion, a startling 603 percent increase over the previous year. In the same time frame, reported cases also increased to 12,347.
The November 26, 2025, proposed regulations seek to improve bank accountability, expedite reimbursements, and boost prevention.
Director of the Financial Policy and Regulation Department Rita Sike signed the circular, which describes stricter regulations intended to prevent fraud before it occurs.
The apex bank’s ongoing fight against financial fraud has advanced with the adoption of this guidance. To enhance cooperation between operators, it established the Nigeria Electronic Fraud Forum in 2011.
It directed banks to establish specialized fraud bureaus four years later. By requiring BVN or NIN for account opening, it reinforced Know Your Customer checks in 2023.
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