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Edo Govt To Recover N1.5 Billion From Land-grabbers

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The Edo State Government has disclosed that following the recovery of government land at Irhirhi-Obazagbon-Ogheghe area of the state, it was discovered that the sum of N1.5 billion was collected by land grabbers in the locality between 2020 to 2022.

The Commissioner for Communication and Orientation, Mr. Chris Nehikhare, who disclosed this on Wednesday during a press briefing in Benin, reiterated the government’s resolve to put an end to the illegal act.

He added that the government would retrieve the whopping sums of money for the restitution of the 499 victims that had been identified by the verification committee saddled with that responsibility.

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Nehikhare, who decried the activities of land grabbers in the state, said that the government was worried that such a huge amount of money would be in the hands of individuals, stressing that those already arrested and those still on the run would have their days in court.

READ ALSO: Edo Govt, APC, Trade Words Over Alleged Land-grabbing, Demolition Of Houses

He called on prospective property owners in the state to do due diligence before embarking on the development of their property.

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“Edo State Government is determined to sanitise the administration of land in the state. Following the recovery of government land in the Irhirhi-Obazagbon-Ogheghe axis, it was discovered that N1.5 billion was collected by land grabbers from the 499 victims that have come forward to complain in the last two years.

“The state government is determined to retrieve that money from the suspects and restitute the victims. So far, we have arrested 10 of the land grabbers and they will soon be charged to court.

“The government is also appealing to Edo people to do due diligence on any property before development. This include finding out if such land is encumbered and register their plans with theappropriate authorities. We also appreciate the support so far received from the Edo people”, Nehikhare added.

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According to him, the administration of land exercise would be extended to all parts of the state.

Nehikhare also called on property owners along the First and Second Ugbor axis, who had converted their residential houses to shopping complexes thereby encroaching on the roads, to retrace their steps and revert to their fence setbacks.

The commissioner added that the state government was worried that that the roads in the Ugbor axis had been encroached on such that two vehicles could not navigate through the roads at the same time, this subjecting members of the public to harrowing experiences while going to work or returning home.

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He warned that in not too long a time, the state government would roll out bulldozers to demolish all illegal structures in that axis and restore the roads to their initial dimensions.

READ ALSO: Edo APC, Govt Trade Words Over Land Grabbing, Others

“A lot of the affected property owners in Ugbor axis were warned but they ignored the warnings and rushed the buildings on the basis that by Benin culture, once a building stands, it cannot be pulled down.

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“We want to reiterate that as a government, we have a responsibility and we will not shirk such a responsibility because of political expediency. No building on illegal land or road will be spared. But we will call all those affected to a stakeholders meeting and ask them to go and restore the roads after which the bulldozers will be called in”, the commissioner warned.

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

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Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma

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La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

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He has been a regular feature for Lazio this season.

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Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

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The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

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READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

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“This contradiction will no longer be tolerated,” the statement said.

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N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

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First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

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Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

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Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

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Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti

By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

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Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

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