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Circle Mall Looting: Sanwo-Olu Promises Tax Break, Financial Support For Business Owners

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Following recent looting and burning of several shops and stores at Circle Mall in Lekki by hoodlums following the hijack of the EndSARS protests, Lagos State Governor, Mr. Babajide Sanwo-Olu has promised to assist the tenants and shop owners at the mall for them to bounce back to business.

Speaking on Sunday during a condolence visit and meeting with tenants and shop owners at the Mall in Lekki, Governor Sanwo-Olu said Lagos State Government will give tax breaks and some financial assistance to all the business owners affected by the ugly incident.

It would be recalled that some hoodlums went on a rampage on Wednesday, October 21, after the EndSARS protests were hijacked, and looted property worth billions of naira at Circle Mall, and also set parts of the building ablaze.

Speaking on his administration’s readiness to assist those affected by destruction in Circle Mall, Lekki, Governor Sanwo-Olu said Lagos State Government will not leave the people to bear the pains alone, noting that government will assist them to return to their respective businesses.

The Governor said Lagos State Government will give all business owners in the burnt Circle Mall tax break of PAYE and also appealed to Federal Government to ensure that they get tax relief from the Federal Internal Revenue Services (FIRS).

Governor Sanwo-Olu said the State Government will give victims of the Circle Mall financial support, which will be in form of grants or loans to cushion the effect of the looting and destruction of their respective shops and stores.

Sanwo-Olu said the grant support is non-refundable financial support to the victims. He said the affected businesses are not expected to pay back while the lending support would be in form of a loan, adding that he is already discussing with some financial institutions to assist people with zero-interest loans.

Sanwo-Olu also asked the shop owners to reach out to the Lagos State Employment Trust Fund (LSETF) and urged them to make use of the opportunities being provided by the agency in assisting people who are in business, especially small scale businesses.

The Governor further implored people on a reorientation of value system and civil responsibility for everybody to be agents of positive change in their community and anywhere they found themselves.

Reiterating his administration’s commitment to the security of lives and property in the state, Sanwo-Olu said that Lagos State will no longer tolerate hoodlums looting and destroying government and private businesses and properties.

He said though Lagos State Government cannot stop people from coming into the state, the Governor warned people with criminal intentions to go elsewhere before being smoked out by the government.

The Governor said his government is ready to encourage people who are in Lagos for business and would go the extra mile to protect businesses in the state.

Speaking earlier, the tenants at Circle Mall, thanked Governor Sanwo-Olu for showing empathy in the face of daunting challenges. They asked him to assist them financially so as to get back on their feet.

They also appealed to Lagos State Government to strengthen the security around the Circle Mall to prevent future occurrences of the two attacks they suffered in the last 13 months.

BIG STORY

BREAKING: Oyo Governor Approves Appointment Of Canadian-Based Businessman Prince Abimbola As New Alaafin

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After a two-year dispute over the vacant Alaafin of Oyo stool, Governor Seyi Makinde of Oyo State has approved the appointment of Abimbola Owoade, a young Canadian-based businessman, as the new monarch of the kingdom.

 

More to come…

 

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Dismissed Kano SSG Abdullahi Bichi Threatens To Expose Government, Political Figures

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The recently dismissed Secretary to the Kano State Government, Abdullahi Bichi, has threatened to reveal what he described as “explosive evidence” against political figures, accusing them of deceit and betrayal.

Bichi, who was removed from office in December 2024, made the declaration upon his return from Saudi Arabia.

In a viral video shared on Thursday, he addressed his supporters and accused the leaders of betrayal and deceit, saying, “I’m happy I left the office in peace, but let me be clear: this is not the best time to talk. At the right time, we will expose them.”

“I have documents, videos, and voice notes that will show everyone who they really are,” Bichi added.

The former SSG’s strained relationship with Governor Abba Yusuf and his mentor, Senator Rabiu Kwankwaso, became evident after his suspension from the New Nigeria People’s Party (NNPP) on October 14, 2024. Bichi described the leaders as “masters of betrayal,” claiming his evidence would expose their true nature.

Political observers and residents of Kano are speculating on whether Bichi will follow through with his threats, and how it may impact the political landscape in the region.

Bichi was accused of attempting to sever Yusuf’s ties with Kwankwaso’s political influence. He was subsequently suspended from the party alongside then-Transportation Commissioner, Muhammad Diggol.

The State NNPP Chairman, Hashimu Dungurawa, stated that the suspension followed multiple complaints from party leadership at the ward and local government levels.

Dungurawa emphasized that the actions of the suspended officials undermined the party’s leadership and structure.

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DSS Arrests Blogger For Cloning Its Website, Posting Fake Recruitment Notice

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Operatives of the Department of State Services (DSS) have arrested the man responsible for cloning its website and posting a false recruitment notice.

It was gathered that 32-year-old Sylvester Victor Augustus, a native of Abak Local Government Area in Akwa-Ibom State, was apprehended on Thursday at his residence on Akpan Eno Lane in Abak, Abak LGA.

Augustus, who claimed to be a graduate of the University of Uyo (UNIUYO) and worked as a blogger and content creator, had created a fake online recruitment notice on the cloned DSS website, likely intending to defraud unsuspecting members of the public.

The DSS has labeled the notice “fake” and urged the public to avoid falling victim to such fraudulent schemes. Augustus is expected to be arraigned in court soon.

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