Would you like to receive notifications on latest updates of the following headlines?

Gov Okpebholo Suspends market Union over prices, extortion allegations

POSTED ON November 20, 2024 •   Breaking News      BY Benedicta Bassey
Edo state Governor, Monday Okpebholo. Photo: Tribune

EDO, Nigeria— Edo state Governor, Monday Okpebholo on Wednesday suspended all market Union in the state with immediate effect over prices fixation and extortion allegations.

He, however, directed the police force a d other security agencies in the State to arrest defaulting leaders of various unions and associations.

This information was contained in a communication notice issued by the Secretary to State Government, Umar Musa Ikhilor.

The Governor said the decision was informed by the disturbing activities of market unions in the State.

According to him, reports abound that the executives of the unions and associations either outrightly prevent farmers from disposing off their wares directly to consumers at the markets or arbitrarily fix prices of staple food at the detriment of the low income earners in the State.

The statement reads: “The attention of the State Government has been drawn to the disturbing activities of market unions in the State. Reports abound that the executives of these unions either out rightly prevent farmers from disposing off their wares directly to consumers at the markets or arbitrarily fix prices of these staple food at the detriment of the low income earners and generally, the citizens of the State.

“Their actions have ultimately led to an astronomical rise in the prices of staple food in the State, thereby making life unbearable for the common Edo man.

“Edo State Government views this action with serious concern and considers it extortionist in nature which should not be allowed to thrive.

“While Edo State Government appreciates the role of market traders and their contribution to the economy of our dear State, it will not however serve as justification to allow a few individuals under the guise of market unions executives and for their selfish reasons, continue to hold the entire State to ransom through their selfish and extortionist activities.

“Following from the foregoing, the Governor of Edo State, His Excellency, Senator Monday Okpebholo has approved the suspension of the activities of all market unions in Edo State with immediate effect.

“Security agents have been put on alert, and any person or group who decides to flout this directive would be held accountable.”

READ ALSO
Fuel prices expect to fall below N750 by Year-End - NIPSS
BY Abiodun Saheed Omodara April 2, 2025 0

The National Institute for Policy and Strategic Studies (NIPSS) has said that with Dangote Refinery...

READ ALSO
CPPE raises concerns over proposed ban on solar panel imports amid Nigeria's energy crisis
BY Abiodun Saheed Omodara April 2, 2025 0

The Centre for the Promotion of Private Enterprise (CPPE) has raised alarms regarding the government...

READ ALSO
FG highlights need for data sharing, collaboration to tackle border crimes
BY Abiodun Saheed Omodara April 1, 2025 0

Nigeria has called for cooperation with Sahel and West African nations regarding information and dat...

READ ALSO
Fuel price crisis looms as Naira-for-Crude arrangement remains unresolved
BY Abiodun Saheed Omodara March 31, 2025 0

There is growing concern in the downstream segment of the oil and gas industry as operators anticipa...

READ ALSO
HEDA seeks Judicial declaration against Shell's Oil license transfer amidst legal concerns
BY Abiodun Saheed Omodara March 31, 2025 0

LAGOS, Nigeria - The Incorporated Trustees of the Human Environmental Development Agenda (HEDA Resou...

READ ALSO
Nigeria, Canada forge new Aviation ties with bilateral Air services agreement
BY Abiodun Saheed Omodara March 26, 2025 0

ABUJA, Nigeria - In a notable achievement for the aviation sector, the Minister of Aviation and Aero...

READ ALSO
Collaboration for Transparency: BPP, ICPC sign MOU to combat procurement fraud
BY Abiodun Saheed Omodara March 26, 2025 0

The Director-General of the Bureau of Public Procurement, Dr. Adebowale  Adedokun, has und...

READ ALSO
PETROAN commends FG for revamped Port Harcourt Refinery, urges calm amid panic buying
BY Abiodun Saheed Omodara March 26, 2025 0

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has praised the Federa...

OUR CHANNELS:

Adeyeye urges capital punishment for drug traffickers amidst N1trn confiscation
BY Abiodun Saheed Omodara April 2, 2025 0

The ongoing fight against counterfeit and substandard medical products by the National Agency for Fo...


FG highlights need for data sharing, collaboration to tackle border crimes
BY Abiodun Saheed Omodara April 2, 2025 0

Nigeria has called for cooperation with Sahel and West African nations regarding information and dat...


Bobrisky calls out 2Baba for choosing Natasha over Annie
BY Abiodun Saheed Omodara April 1, 2025 0

Controversial crossdresser, Idris Okuneye Olanrewaju, better known as Bobrisky, has voiced his disap...


NHRC calls for Justice, Preventive Measures after Uromi mob killing
BY Abiodun Saheed Omodara April 1, 2025 0

ABUJA, Nigeria -  The National Human Rights Commission (NHRC) has praised the prompt actions ta...


Emir Sunusi's Durbar highlights Nigeria's Rich cultural legacy amidst challenges
BY Abiodun Saheed Omodara April 2, 2025 0

DUTSE, Nigeria - Women with veils cried out joyfully as the sounds of trumpets and hunting guns reso...


APC caution Cross River members against unauthorize legal suits
BY Abiodun Saheed Omodara April 1, 2025 0

RIVERS, Nigeria - The cross Rivers chapter of the All Progressives Congress has wa...


Sahel States' 0.5% Levy on Imports threatens Regional Trade and Economic Unity
BY Abiodun Saheed Omodara April 1, 2025 0

Mali, Burkina Faso, and Niger have intensified their separation from the regional economic bloc by i...


NSIA reports ₦3.74Trn profit, celebrating 12 years of continuous profitability
BY Abiodun Saheed Omodara April 1, 2025 0

ABUJA, Nigeria - THE Nigeria Sovereign Investment Authority (NSIA) reported generating approximately...


Army arrest 39 Oil thieves, dismantled 18 illegal refining sites in Niger Delta
BY Abiodun Saheed Omodara April 1, 2025 0

NIGER DELTA - In a significant setback for oil thieves in the Niger Delta Region, the troops of the...


FG announce independence bridge closure begins April 1
BY Abiodun Saheed Omodara April 1, 2025 0

LAGOS, Nigeria - The Federal Government has announced the closure of the Independence Bridge (Marina...


More Articles

Load more...

Menu