NEWS
Why we shut down Alaba market – Traders
By Funmilayo Olusanya
Following the altercation between vendors and tax collectors on Wednesday, the management of Alaba International Market has provided an explanation on Thursday why the market was closed.
Recall Biztellers reports that on Wednesday, when traders and some agberos, or tax collectors, clashed at the Alaba International Market in the Ojo Local Government Area of Lagos State, one person was reportedly murdered and numerous others were hurt.
The hundreds-strong battling sides used a variety of weapons throughout the altercation, including axes, cutlasses, wood, and stones.
Read also>>>ALABA: No Cause For Alarm – Lagos Police
The two groups could be seen tossing cudgels at one another in a video clip that our correspondent saw on social media and was later confirmed to be from the altercation.
But in a statement on Thursday, the Alaba International Amalgamated Traders association said the need to protect lives and properties informed their decision to shut down the market.
“The extreme extortion going on, especially between Volkswagen bus stop and Alaba market is becoming so unbearable as traders are made to pay a fully cleared container or a truck a whooping sum of N70,000 to N100,000 before they can be allowed to convey their goods to the market; it is the same for those supplying goods from their warehouses.
“For traders who cannot afford or who hesitate to pay are either beaten up or wounded. Sadly enough, only yesterday we woke up to the information that a new loading point was to be instituted on the already constricted Alaba road which has already been taken over by petty traders who were given portions to display wares to the detriment of existing shop owners, also completely defacing this market of international repute.
“To ensure this issue was handled amicably, the Alaba amalgamated leaders quickly contacted the executive chairman of Ojo Local Government who promised to call them to order, we also contacted the interim caretaker committee chairman who also promised to call them to order but surprisingly on Tuesday the 19th of October we were greeted with chaos in our market as hoodlums that we cannot quantify trooped into the market with guns, machete, and other dangerous weapons; shooting and maiming both buyers and traders who are doing their legitimate business to the extent that some were killed and several other wounded.
“To this end, we want to say enough is enough! The Alaba international market traders association has decided to shut down the entire market till further notice to avoid further loss of lives and property and will remain shut till:
“These criminals are arrested and brought to justice. The Removal of all kiosks/petty traders causing blockade along Alaba international market road. That all toll collection points will be at the Volkswagen bus stop and the chemists’ bus stop. The Reduction in outrageous fees collected from containers, trucks, and other vehicles,”.
Former Delta State Governor, Dr Emmanuel Uduaghan, has reportedly died, according to sources said to be close to his family.
The sources confirmed the development on Monday, October 19, 2026, although details surrounding the circumstances of his death remained unclear as of the time of filing this report.
“Uduaghan is no more; he is dead,” one of the sources reportedly said.
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The reported death comes months after claims that the former governor had died circulated on social media before being dismissed by his media aide, Henry Unini.
In June, reports of Uduaghan’s alleged death spread across Facebook and WhatsApp, prompting Unini to publicly debunk the claims and assure the public that the former governor was alive.
“I can tell you for a fact that Dr. Emmanuel Uduaghan is alive,” Unini said at the time.
“Frankly, I don’t know where the writer got his information from. The death of someone is not something you take and write about casually,” he added.
Unini acknowledged at the time that Uduaghan had been experiencing health challenges but maintained that he was receiving medical attention.
“It is now common knowledge that Dr. Emmanuel Uduaghan has been sick, but he is receiving proper medical care,” the media aide said.
He also stated that the former governor was recuperating, assuring the public that there was no immediate cause for concern.
“There is no cause for alarm whatsoever,” Unini said.
The media aide thanked friends, well-wishers and residents of Delta State who contacted the family to verify the former governor’s condition. He also urged the public to avoid spreading unverified information.
“The rumour was uncalled for,” he said while addressing the earlier reports.
As of the time of filing this report, further details about the circumstances surrounding Uduaghan’s reported death had yet to emerge.
The Delta State Government has commenced a ₦5 billion grassroots empowerment programme targeting 100,000 small-scale business owners and other beneficiaries across the state’s 500 wards.
The initiative, announced on Monday, will see each beneficiary receive ₦50,000 to support small businesses, strengthen household finances and stimulate economic activities across the state.
SEE ALSO: Two Arrested as Delta Police Uncover Cache of Illegal Weapons
The Executive Assistant to the Governor on Public Enlightenment (Projects and Policies), Mr Olisa Ifeajika, disclosed this while speaking with journalists in Asaba.
Ifeajika explained that the programme was designed to complement the state government’s investments in critical infrastructure with direct financial assistance to residents.
According to him, Governor Sheriff Oborevwori directed local government councillors to facilitate the distribution of the funds, with each of the 500 wards expected to reach at least 200 beneficiaries.
He added that the initiative reflects the administration’s commitment to improving livelihoods and expanding economic opportunities for Deltans, in line with the people-centred objectives of the MORE Agenda.
The Minister of Education, Dr Maruf Tunji Alausa, has commended Alhaji Aliko Dangote and the Aliko Dangote Foundation for plans to acquire Initial Public Offering (IPO) shares of Dangote Refinery on behalf of eligible Nigerian tertiary institution students.
Alausa described the initiative as an innovative approach to promoting financial literacy, youth empowerment and wealth creation among young Nigerians.
According to a press release issued by the Federal Ministry of Education on Monday, October 19, 2026, the initiative is expected to benefit up to four million students aged 18 and above, with each eligible student expected to receive 10 IPO shares without requiring prior investment or share purchase.
The minister said the programme would expose students to capital markets, responsible investing and long-term financial planning, preparing them for greater economic participation and financial independence.
He noted that the initiative aligns with the Nigeria Education Sector Renewal Initiative (NESRI) and President Bola Ahmed Tinubu’s Renewed Hope Agenda by connecting education with enterprise, human capital development and inclusive economic growth.
According to Alausa, the initiative reflects the importance of partnerships between the education sector and private organisations in equipping young Nigerians with the knowledge and skills needed to participate in the economy.
He said the Federal Ministry of Education remained committed to strengthening private-sector partnerships to improve educational quality, relevance, equity and efficiency while preparing learners for a changing economy.
While appreciating the foundation’s contribution to youth development, the minister clarified that the ministry’s commendation was based on the initiative’s educational and developmental value.
He stressed that the ministry’s position “does not constitute an endorsement of any particular investment decision.”
Alausa also encouraged other corporate organisations to support similar initiatives that promote financial awareness, economic productivity and entrepreneurship among young Nigerians.
He urged businesses to support NESRI and the Renewed Hope Agenda in building a financially informed and economically productive generation.
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