• Latest
  • Trending
  • All
‎Anxiety As Ibadan Market Traders Face Revocation Over N62,000 Rent

‎Anxiety As Ibadan Market Traders Face Revocation Over N62,000 Rent

December 4, 2017
Ex-lawmaker, ‘Radical Brother’, Congratulates Folarin on Aare Alaasa Title

Ex-lawmaker, ‘Radical Brother’, Congratulates Folarin on Aare Alaasa Title

May 9, 2025
Oyo Speaker Continues Constituency Engagement In Lanlate, Distributes Solar Lights, Gives Financial Support 

Oyo Speaker Continues Constituency Engagement In Lanlate, Distributes Solar Lights, Gives Financial Support 

May 9, 2025
Folarin Elevated to Aare Alaasa of Ibadan, Reps’ Member, Kareem Abisodun, Congratulates Him

Folarin Elevated to Aare Alaasa of Ibadan, Reps’ Member, Kareem Abisodun, Congratulates Him

May 9, 2025
Ex-Oyo Lawmaker, ‘Radical Brother’ Congratulates Fatai Ibikunle on SWDC Nomination, Hails Tinubu

Ex-Oyo Lawmaker, ‘Radical Brother’ Congratulates Fatai Ibikunle on SWDC Nomination, Hails Tinubu

May 9, 2025
Gbenga Hashim Meets Governor Muftwang Over Plateau Crisis, Commiserates With Victims

Gbenga Hashim Meets Governor Muftwang Over Plateau Crisis, Commiserates With Victims

May 9, 2025
Olubadan Advisory Council Reinstates Mogaji Akinsola After Series of Appeals

Olubadan Suspends Two Mogajis Over Land Grabbing

May 9, 2025
Senator Alli Distributes Seedlings To Farmers In Oyo South To Boost Food Security

Senator Alli Distributes Seedlings To Farmers In Oyo South To Boost Food Security

May 9, 2025
Mogaji Eegunjenmi Congratulates Dotun Sanusi on Elevation to Ajia Olubadan

Mogaji Eegunjenmi Congratulates Dotun Sanusi on Elevation to Ajia Olubadan

May 9, 2025
You Are A Man Of Honour, Integrity – Abidikugu Felicitates Inakoju On His Birthday 

You Are A Man Of Honour, Integrity – Abidikugu Felicitates Inakoju On His Birthday 

May 8, 2025
FarmKonnect Warns Buyers Against Purchase Of Ibadan Property Under Litigation

Court Documents Reveal Names Involved in Aresa-Adu Case Delay

May 8, 2025
Security: Makinde Lauds Police, Donates Operational Vehicles To Police Zone 11

Security: Makinde Lauds Police, Donates Operational Vehicles To Police Zone 11

May 8, 2025
Adebola To Attempt Guinness World Record For Farthest Distance Walked In Ibadan

Adebola To Attempt Guinness World Record For Farthest Distance Walked In Ibadan

May 8, 2025
">
  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today
Saturday, May 10, 2025
  • Login
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview
No Result
View All Result
No Result
View All Result
">
">

‎Anxiety As Ibadan Market Traders Face Revocation Over N62,000 Rent

by Jamaz
December 4, 2017
in Home, Political News
0
‎Anxiety As Ibadan Market Traders Face Revocation Over N62,000 Rent
">

OWNERS of shops at Scout camp market, Ibadan, face revocation of ownership of their shops as the ultimatum given by the Oyo state government for the payment of a total sum of N62,000 as annual rent expires on Tuesday.

The Oyo state government had asked the owners of 380 lock up shops and 900 open stalls to each pay a total sum of N62,000 annually, covering N50,000 as rent and N12,000 as service charge.

RelatedPosts

Ex-lawmaker, ‘Radical Brother’, Congratulates Folarin on Aare Alaasa Title

Oyo Speaker Continues Constituency Engagement In Lanlate, Distributes Solar Lights, Gives Financial Support 

Folarin Elevated to Aare Alaasa of Ibadan, Reps’ Member, Kareem Abisodun, Congratulates Him

">
ADVERTISEMENT

The message by the state government to the traders read, “Kindly pay the Rent and Service Charge for your lock-up shop at Scout Camp Business Complex on or before 5th December, 2017 or face revocation of offer.”

However, the affected traders had on several occasions protested and requested the state government to reduce the sum to N36,000 covering N24,000 as rent and N12,000 as service charge.

Nigerian Tribune reported that the traders had last week, in a meeting with government officials which included Executive Assistant to Governor Abiola Ajimobi on Political Matters, Dr Morounkola Thomas and Special Adviser to Ajimobi on Community Relations, Mr Murisiku Siyanbade and Permanent Secretary, alluded to poor market sales as reasons for their call for reduction in the rent.

ADVERTISEMENT

Chairman of the traders’ association, Mr Kehinde Tewogbade and Secretary, Mr Olayiwola Shuaib, in their separate comments, argued that they were not in an advantaged location for sales as well as the fact that there were a lot of street trading from Molete to Orita restricting buyers from coming into the market.

Though the traders acknowledged the government’s drive to increase its Internally Generated Revenue, the traders’ heads had appealed to the state government to be allowed to remain in their stalls pending a downward review of the rent.

Responding to the traders’ appeal, Dr Morounkola Thomas said the state government had considered appeals and several factors before it pegged the rent at N50,000.

To allay the fears of the traders of inadequate patronage, Thomas assured that the state government would soon chase away all street traders on the Molete to Orita, and enforce that traders use the Scout Camp market.

Morounkola said the state government had to end the years of allowing the traders use the market stalls for free, if it was to boost its Internally Generated Revenue.

He pointed out that it would be difficult for the state government to further reduce the rent as advocated by the traders.

Ibadan market traders face revocation over N62,000 rent

Share this:

  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Tweet
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Threads (Opens in new window) Threads
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Bluesky (Opens in new window) Bluesky

Like this:

Like Loading...
Tags: Ibadanmarkettraders
">
Previous Post

LAUTECH Is Nigeria’s School With The Highest Concentration Of ‘Yahooboys’

Next Post

Oyo Partners AWDROP To Provide Efficient Boreholes

Jamaz

Jamaz

I'm what you can see that I'm. I love feeding the public...

Related Posts

Ex-lawmaker, ‘Radical Brother’, Congratulates Folarin on Aare Alaasa Title

Ex-lawmaker, ‘Radical Brother’, Congratulates Folarin on Aare Alaasa Title

by Deji Moore
May 9, 2025
0

Honourable Segun Olaleye, popularly known as Radical Brother, has extended his warmest congratulations to Senator Teslim Folarin on his elevation...

Oyo Speaker Continues Constituency Engagement In Lanlate, Distributes Solar Lights, Gives Financial Support 

Oyo Speaker Continues Constituency Engagement In Lanlate, Distributes Solar Lights, Gives Financial Support 

by Adebola Sanmi
May 9, 2025
0

The Speaker of the Oyo State House of Assembly, Rt. Hon. Adebo Ogundoyin, has embarked on the second phase of...

Folarin Elevated to Aare Alaasa of Ibadan, Reps’ Member, Kareem Abisodun, Congratulates Him

Folarin Elevated to Aare Alaasa of Ibadan, Reps’ Member, Kareem Abisodun, Congratulates Him

by Ayo Mukhail
May 9, 2025
0

A lawmaker representing ATISBO, Saki East, Saki West Federal Constituency, Honourable Kareem Tajudeen Abisodun, has congratulated Senator Teslim Kolawole Folarin...

Ex-Oyo Lawmaker, ‘Radical Brother’ Congratulates Fatai Ibikunle on SWDC Nomination, Hails Tinubu

Ex-Oyo Lawmaker, ‘Radical Brother’ Congratulates Fatai Ibikunle on SWDC Nomination, Hails Tinubu

by Olayi Abide
May 9, 2025
0

Honourable Olusegun Olaleye, popularly known as Radical Brother, has congratulated Alhaji Fatai Ibikunle on his nomination as Executive Director (Commercial...

Next Post
Oyo Partners AWDROP To Provide Efficient Boreholes

Oyo Partners AWDROP To Provide Efficient Boreholes

Please login to join discussion

Are YOU in distress? Call Oyo State Emergency Number NOW!!!

oyo State Emergency Number

Click to download InsideOyo.com App

Join Our WhatsApp Group

Copyright © 2025 Inside Media

Navigate Site

  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview

Copyright © 2025 Inside Media

%d