News
JUST IN: Lagos RTEAN Gets New Chairman, Dissolves Executive Council

The Road Transport Employers’ Association of Nigeria has announced the appointment of Adesina Hussaini aka Okanlomo as the chairman of the association in Lagos State.
Following Okanlomo’s appointment, the union also announced the dissolution of the earlier inaugurated 35-member Lagos State RTEAN executive council.
The RTEAN National President, Musa Muhammed, made the development known in a statement made available to journalists on Saturday.
Muhammed said, “In reference to the resolution reached by the Federal Executive Council and organised Labour in reconciling our matter with the Lagos State Government and the national executive of our great association, the RTEAN, we announce the dissolution of our former structure of Lagos State executives council members, and adopt the appointment of Adeshina Hussaini (Okanlomo) as the chairman of the Lagos State branch of the RTEAN.
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“All those members who were suspended in the course of the matter are hereby recalled for the interest of peace and harmony in the state. We call on all members to be law-abiding and constitutionally guided.”
In another statement signed by the RTEAN General Secretary, Yusuf Adeniyi, the union noted that the move complied with the provision of item 6 of the Memorandum of Understanding dated October 2, 2023, between the Federal Government of Nigeria and organised labour, to bolster industrial harmony and ensure strict adherence to the rule of law.
Adeniyi said, “The contentious issue of RTEAN leadership has been laid to rest with the unanimous appointment of a new state chairman. Adesina Hussaini a.k.a Okanlomo is the new chairman of the RTEAN in Lagos State effective from January 1, 2024.
“The Lagos State RTEAN and all property hitherto taken away will hereby be returned to the union. The operation of the RTEAN in all motor parks in Lagos State is to resume with immediate effect. No member of the RTEAN will be victimised by the union or the Lagos State Government for their role in the dispute.
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“We are therefore calling on all our members to comply with the peaceful resolution reached and cooperate with the government and security agencies in discharging their duties. We thank all those who contributed in one way or the other, for seeing this matter get resolved amicably.”
The Federal Government resolved the 15-month-long dispute between the RTEAN and the Lagos State Government.
In a letter dated January 6, 2024, and addressed to the Trade Union Congress, the National Security Adviser, Nuhu Ribadu, revealed that the ban initially slammed on the union’s operations in Lagos State had been lifted following a peace move brokered during a meeting with the leadership of the organised labour.
The resolution laid to rest the contentious issue of RTEAN leadership with the unanimous appointment of a new leadership for the union in the state.
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For 15 months, the activities of the RTEAN were banned in Lagos state following a leadership crisis that engulfed the association.
This led the state government to slam a ban on the association and subsequently appointed a 35-man Caretaker Committee to take over the activities of the union.
However, the intervention of the Office of the NSA has now brought an amicable resolution of all issues that were initially in dispute.
In the letter signed by the NSA and addressed to the Secretary-General of the TUC, it was revealed that Adeshina Teslim (aka Okanlomo), has been appointed as the new Chairman of the RTEAN in Lagos State with effect from January 1, 2024.
According to Ribadu, the Lagos State office of the RTEAN and all properties hitherto taken away will returned to the union.
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He added that the operation of the RTEAN in all motor parks in Lagos State is to resume with immediate effect.
“No member of RTEAN will be victimised by the union or Lagos State Government for their role in the dispute. Lagos State Government, its agencies, and the general public are to be intimated about the peaceful resolution.
“On this premise, you are humbly requested to intimate the union on the amicable resolution of the dispute and the highlights of the agreements reached,” the NSA stated in the letter.
Ribadu noted that the action complied with the provisions of Item 6 of the Memorandum of Understanding dated October 2, 2023, between the Federal Government of Nigeria and the Organised Labour to intervene in the crisis to facilitate peaceful resolution of the issues.
The intervention of the Federal Government, he said, was also in line with the commitment of the present administration to bolster industrial harmony and ensure strict adherence to the rule of law.
News
Transfer: Premier League Clubs Scramble For Dele-Bashiru
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.
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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.
He has been a regular feature for Lazio this season.
News
Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses
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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“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.
“This contradiction will no longer be tolerated,” the statement said.
News
N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs
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.
Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.
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Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.
“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.”
“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).
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“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.”
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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