| |
|
<< Back
Poser >>
|
| Truckers warn Lagos extortion crippling port logistics, petition Presidency |
By Godwin Oritse
The Council of Maritime Transport Unions and Associations (COMTUA), owners of articulated trucks on Nigerian roads, has petitioned President Bola Tinubu over what it described as the failure of the Lagos State government to protect truckers and other road users from widespread extortion, harassment and intimidation by organized street urchins.
In a petition dated January 13, 2026, and signed by its President, Comrade Yinka Aroyewun, the union said the situation has deteriorated into frequent vandalism of trucks, serious injuries to drivers and, in some cases, loss of lives.
COMTUA accused the Lagos State government of failing to respond meaningfully to repeated petitions, complaints and peaceful protests over the activities of extortionists operating along major transport corridors in the State.
The union alleged that members of the Road Transport Employers Association of Nigeria (RTEAN) routinely force non-members to pay arbitrary levies in the name of union dues, while another group operating under the Lagos State Trucks and Cargo Committee (LASTCOC), said to have been set up by the Ministry of Transportation, also imposes what it called a “voluntary” ticket on every truck.
COMTUA further claimed that in Amuwo-Odofin Local Government Area, hoodlums allegedly operating in the name of the Council extort truckers using a “Road Maintenance” ticket, while similar activities occur in other parts of the State.
“At Eleko Junction in Ibeju-Lekki, a combined group of LASTCOC and community youths allegedly extort N6,000 from each truck, while in Epe, RTEAN and community groups collect another N5,000 daily from every truck,” the petition stated.
The union said roadblocks are mounted across key routes to facilitate these collections, while state task forces and government agencies allegedly look the other way.
COMTUA warned that the situation, if not urgently addressed, could escalate into a wider breakdown of security and public order, with serious consequences for port operations, supply chains and the Lagos economy.
The group urged President Tinubu to investigate the role of the Lagos State government in the alleged extortion and attacks, restore the rights and protection of truckers, ensure accountability for those involved, and regulate union-related levies to prevent exploitation.
While reaffirming its commitment to peaceful engagement and lawful dialogue, the union cautioned that continued inaction could push the situation toward chaos, threatening both economic stability and public safety in Lagos State.
|
| Vanguard Business News |
|
Nigeria loses $77.7bn to illicit financial flows in 10 years — Report
By Yinka Kolawole A new report by Global Financial Integrity (GFI), a United States-based think tank, has revealed that Nigeria lost a total of $77.7 billion to trade-related illicit financial flows (IFFs) over a period of 10 years, between 2013 and 2022. IFFs refer to cross-border movements of money or value that are illegally earned, transferred, or […]
|
Ghana records significant declines in oil liftings and petroleum revenue
Ghana recorded a significant decline in its petroleum receipts for the second half of 2025, with total revenue dropping by approximately $117.38 million compared to the same period in 2024.
|
Taxes, fuel hike slow business growth in January – NESG report
As Business Confidence drops to 6-month low By Babajide Komolafe Rising taxes and fuel price adjustments slowed the pace of business growth in Nigeria in January 2026, pushing business confidence to a six-month low, according to the latest Business Confidence Monitor (BCM) report released by the Nigerian Economic Summit Group (NESG). The report showed that the Current […]
|
Businesses buckle under debt as defaults push bad loans to N21.2trn
High interest rates, FX shocks, end of COVID forbearance trigger spike in corporate loan failures By Babajide Komolafe, Economy Editor At the backdrop of economic pressures on households and businesses, banks are now struggling with a rising loan defaults by businesses, leading to a significant increase in bad loans portfolio of banks to N21.2 trillion. Financial Vanguard’s […]
|
Dangote, NNPC seal strategic gas agreements
By Udeme Akpan Towards meeting the energy demands of their ongoing expansion projects, three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Plc have scaled up their Gas Sales and Purchase Agreements (GSPA) with subsidiaries of the Nigerian National Petroleum Company Limited (NNPC Ltd): Nigerian Gas Marketing Limited and NNPC […]
|
Stock market gains N6.7trn in January amid oil price surge
By Peter Egwuatu The Nigerian stock market, last weekend, closed the first month of the year, 2026, with over N6.7 trillion capital gains, just as oil prices witnessed a surge last week to about $71.01 per barrel. Analysts noted that the surge in crude price last week, if sustained, would be favourable to Nigeria, adding that […]
|
|