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C’River’s community revives barter market

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Image: Barter trade

Akpabuyo Local Government Area in Cross River State has reopened its centuries-old barter market, a unique trade hub in West Africa, as part of activities marking the council’s 34th anniversary.

The celebration, held at the council headquarters, brought together residents, traditional leaders, and political figures who hailed the return of peace to the area.

They described it as the foundation for Akpabuyo’s renewed economic prospects.

Former Peoples Democratic Party’s (PDP) Deputy Governorship candidate, Dr. Emana Duke Ambrose-Amawhe, said the reopening of the barter market was a landmark development, crediting Governor Senator Prince Bassey Otu for restoring stability in the community.

Since His Excellency came into power, he put all measures in place to ensure calm and peace.

Today, people can sleep in their houses with their eyes closed, and that is why you see this turnout from far and near,” she said.

Dr. Ambrose-Amawhe highlighted Akpabuyo’s natural maritime position, bordered by rivers, Bakassi, and the Atlantic Ocean.

He emphasised that the government investment in dredging, deep-sea port projects, and marine preservation will reinforce its role in trade and agriculture.

“With the pace of growth, Akpabuyo will contribute even more to the economic advancement of Cross River State and Nigeria. More jobs will mean more stability for our people,” she added.

Council Chairman, Hon. Effiom Bassey Effiong, said hosting the first official anniversary of Akpabuyo’s creation was a privilege, noting that the event was made possible by improved security.

“The place is calm and safe. We have Marine Police, the Navy, the Army, the Airforce, and our local vigilantes. Investors from China and other countries are already showing interest; some have even acquired land to build a university and industries,” he said.

Hon. Effiong also revealed plans to remodel the barter market into a world-class commercial hub to attract more investors and cross-border traders from Cameroon and beyond.

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Why LASG Suspends Land Reclamation Projects Across The State

Wahab also warned that the State government will effect the arrest and prosecution of anyone involved and or are found on the site of such illegality after the expiration of the 7 days warning.

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The Lagos State Government on Thursday directed the immediate suspension of all reclamation projects across the state with or without Environmental Impact Assessment EIA approval and drainage clearance.

The directive was given in a statement signed by the Commissioner for the Environment and Water Resources, Mr Tokunbo Wahab.

According to him, all approved Reclamation Projects across the State must be submitted for proper Documentation and Monitoring, while all on-going and intending ones must be subjected to the Environmental Impact Assessment (EIA) process with issuance of Approval and Drainage Clearance from the Ministry of the Environment and Water Resources.

He warned that failure to comply with this directive within the next 7 DAYS will leave the Ministry with no other option than to deploy appropriate machineries to decommission the reclaimed sites including excavation and removal of fill and reconnecting of already blocked water channels on the Lagoon amongst others.

Wahab also warned that the State government will effect the arrest and prosecution of anyone involved and or are found on the site of such illegality after the expiration of the 7 days warning.

He expressed grave concern about the proliferation of reclamation activities on Wetlands, Floodplains and the Lagoons across the State.

He identified locations where such acts are prevalent to include Parkview, Banana Island, Osborne, other parts of Ikoyi, Victoria Island Extension, Lekki, Ajah, Ikorodu, Oworonshoki, Lagos Mainland, Ojo and Badagry axis, without consideration of the adverse impacts on the environment and the wellbeing and safety of the good people of the State.

The Commissioner stressed that indiscriminate reclamation projects are being executed without requisite Environmental Impact Assessment (EIA) Approvals and Drainage Clearance from the Ministry of the Environment and Water Resources.

He emphasised that while reclamation may provide space for Housing and Infrastructure redevelopment, it also poses significant Environmental and Social risks including increased vulnerability to flooding, coastal erosion, disruption of livelihood (especially fishing), loss of wetlands and biodiversity, constriction of the Lagoons and their capacity, impairment of water quality amongst others.

He stated that with the low-lying topography of Lagos State and its fragile ecosystem, the State Government cannot afford to allow this indiscriminate reclamation of the Lagoons, Wetlands and floodplains to continue unabated.

Signed Kunle AdeshinaDirector of Public AffairsMOE&WRSeptember 18, 2025

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Afriland Fire: United Capital Confirms Death of Six Staff, Death Toll Rises to 10

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Financial services firm, United Capital Plc, has confirmed the death of six of its employees in the tragic fire that engulfed Afriland Towers on Broad Street, Lagos Island, on Tuesday, September 16, 2025.

This announcement brings the official death toll to ten, following an earlier confirmation by the Federal Inland Revenue Service (FIRS) that four of its staff also died in the incident.

The fire, which broke out just before 1:00 p.m. on Tuesday, tore through the six-storey commercial building, housing several offices and businesses, leaving widespread devastation and loss in its wake.

In an official statement released on Thursday, United Capital expressed deep sorrow over the loss of its staff.

“It is with profound grief that the Management and Staff of United Capital Plc announce the passing of six of our dear colleagues, following the tragic fire at Afriland Towers,” the statement read.

“Our departed colleagues were an integral part of our company and family. Their painful loss leaves an immeasurable void.”

The company extended its heartfelt condolences to the families, friends, and loved ones of the deceased, assuring them of continued support during this difficult time. Plans are underway for a memorial service to honour the victims.

United Capital also expressed appreciation to emergency responders for their swift intervention during the incident.

“In this moment of untold grief, we stand together in solidarity, drawing strength from one another as we navigate this period. May the souls of the departed rest in peace.”

Authorities are continuing investigations to determine the cause of the fire.

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NNPC Trading Limited MD appointed as Nigeria’s OPEC representative

We congratulate Maryamu Idris, Managing Director of NNPC Trading Limited, on her appointment as the National Representative for Nigeria at the Organisation of the Petroleum Exporting Countries (OPEC).

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The Nigerian National Petroleum Corporation Trading Limited says that its Managing Director, Maryamu Idris , has been appointed as Nigeria’s National Representative to the Organisation of the Petroleum Exporting Countries.

NNPCL announced the development on its X handle on Wednesday, and said Idris’s new role marks a pivotal step in representing Nigeria’s interests within the influential cartel of oil-producing nations.

“We congratulate Maryamu Idris, Managing Director of NNPC Trading Limited, on her appointment as the National Representative for Nigeria at the Organisation of the Petroleum Exporting Countries (OPEC),” the statement read.

The corporation hailed her achievements in many capacities in the oil sector.

Maryamu’s extensive experience in the energy sector includes leading Pricing and Valuation efforts within NNPC’s Crude Oil Marketing Division and serving as a Technical Advisor to Nigeria’s OPEC Delegation.

She also played a foundational role in Nigeria’s engagement with the Extractive Industries Transparency Initiative (EITI) and contributed to oil sector reforms through her work with the Bureau of Public Enterprises and the Oil and Gas Implementation Committee (OGIC).

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