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The Tank Farm/Satellite Town Saga:

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……The True Story

The Festering story of the Satellite Town and Tank Farm are not getting abated, if the truth must be told. Banters and expansions on the raging matter were espoused by opposing parties on the issues, and the interesting conclusion is that both parties have now agreed on a Mutual and Consolidated Agreement to move on and make things Workable in the interest of Peace, Harmony and Progress.

Residents of a largely populated area in satellite town area of Lagos state, have cried out to the Lagos state Government to come out to their aid on the activities of Tank farm in their immediate vicinity.

The residents made up mainly of all the Estates, roads and close accessed through the old, worn-out, frail,   rocky   and gully road of the area linked to old Ojo Road, Wobbly Navy Road, and the uncharted shell-Abule  Osun Road, with the broken steps and ridges and water collectors interior, are gathered here at the closest level of government.

They are   bemoaning  their  state  of  desolation   and now earnestly drawing the attention of the government to the very appalling and deplorable situation of their Community.

Their groves rise from the operation of a disparate group of over 50 Tank farms operated by 13 marketing Companies.

This  ugly   situation   led to a massive protest by the residents who trooped out on Tuesday ,July 9, 2019 to condemn what they describe as unwarranted invasion of their  community by the oil company. They therefore insisted that the operators should relocate their companies to another area as the current is becoming inhabitable due to environmental   pollution   ravaging  the  community.

According to the chairman, Satellite Town Forum, Mr. Michael Imitinl, all government agencies should plan well before approving location of facilities in areas to avoid ugly situation in future just like what is happening in the  Niger Delta.

However, we also  heared  the side of Tank Farms  via  the  secretary,  Ijegun-Egba Tank Farms Owners/ Operators, Satellite Town, Lagos Barrister  Eslist  Eslist who explained, ‘What is essential  is that, whatever we discussed at inception of the relationship  is that both parties should adhere to the black and white of the deal.

We don’t have issue, their demand are roads, infrastructural deficit which civil construction are going on  at Pioneer Road, the road will be fully rehabilitated.  Before our company starts operation at Satellite Town,  we have to pass through Marwa Road, every collapsed portion in that area has  been rehabilitated by our Tank Farm is 3.8 km road beginning of Marwa Road down to the end is long term measure with   expansion and  the drainage. The  issue  of flooding whatever concerns the community also concerns us. We want to take water out of the Community down to the lagoon. Work is in progress and the engineer in charge is the Nigerian Army  Construction  Company .  Eventually, whatever that is affecting the community in terms of drainage, water and flooding has  been addressed. An  expansion  of the road is on going which will  be completed soon.  What   we  need   from the  community is cooperation in terms of relationship.  As a corporate organization, enjoying   good relationship with the community people is our priority.

We have had several meetings and  the  most  important thing is whether the work we promised  has commenced or not. Yes, it has commenced, and they are seeing it going on smoothly, and this is why we are appealing to the Community to  be   patient as the work goes on. We are on the job, and will not abandon the job half-way until it is finished  beyond  logical  conclusion.  Above this, our presence, whether you like it or not,   has made this community a better one in the  eyes  of the external world,  and we are even making moves to make satellite Town/ Ijegun Egba Community more attractive. It is only good for our Company, not the Hearken to the needs of the Community and we are ever ready to give them what they most desired as  part of our Corporate Social Responsibility.  We have a cordial relationship with the Community, and it is only a foolish businessman that will operate in a hostile environment, especially when people around him are unhappy. They believe that Tank farm will turn the place into an economic zone, and the Government will be easily attracted to the Community. That is why the LASG has been sending their Interventional team to establish a fire- fighting unity in the Community, just as Tank Farms has established its own fire combating outfit, which can also serve the Community, in case of any unexpected fire outbreak.

We are not here illegally we are here Legitimately, and all Companies are duly approved and licensed by Government, so whatever we are doing here is backed by law, and we can only add value to the surrounding Communities by giving them what they lack, by way of Amenities.

On whatever there were prior meetings between firms and the Community, it was ascertained that several meeting were held between both parties and those meetings  ended

in mutual agreement of how the company and the Community can move forward in terms of community development and Corporate Social Responsibility on the part of Tank Farm.

Also, the coordinator, Ijegun- Egba Tank farms owners and Operators Association,  Alhaji Ibrahim Muhammed corroborated the earlier  speaker.

He said,  we have met with the Community severally, and we have briefed them on the work that is going on which they readily saw and identified. Actually, we are supposed to have started earlier than this, but because of the rain, we had to start in May, and hopefully, when the rain  subsides, we should be through with the work by the end of September, all things being equal why the work has not been progressing is because of the weather; if not so the work should have been completed since but that is not an excuse for us.  We can only hope that the Community will bear with us, even as they can see that work is going on steadily and in no time, they will begin to enjoy the goodies of the job.

Another issue is that of misplacement of trust among the various parties involved. Many meetings were called and invitation sent to the community to address the main issue, only for the Community to renege and give them their own condition, which was to come and meet them at their own behest, with express permission and approval from their directors. They are however waiting for another meeting that can be mutually fixed and issues settled amicably. As for the Tank Farm, they have been job opportunities for the community, and this will not stop  because as long as the  inhabitants  are gainfully employed, the Tank farms will also be greatly rewarded by what the people are giving back to them. So it is a gain-gain situation for the two parties. Tank farms and satellite town entities. Good enough, all the Tank farms have now come together as one body to come as a positive Form in aid of the Community, and this is a good signal for good things to come  which include,

 medical facility, education, social amenities that will further raise the standard of the satellite town Community. This will be coming as a collective responsibility of the Tank farmers and the host Community.

 

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FCCPC Tackles Rising Cement Prices, Investigates Alleged Manipulation

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Agency summons product manufacturers to explain pricing methodology, others
CEMENT PRICES
Kenya N7,344
Tanzania N6,528
Togo N9,180
Nigeria N15,000

Cement manufacturers are under the searchlight of the Federal Competition and Consumer Protection Commission (FCCPC) over rooftop prices of cement, the agency has confirmed.

It said the probe followed an extensive industry-wide investigation that suggested possible manipulation of product prices in the Nigerian market.

The FCCPC stated that findings from a three-month cross-border study by its Anti-competitive Practices Department (ACP), undertaken in response to widespread public complaints over the high cost of cement, provided reasonable ground for probe of the cement manufacturers.

According to the commission, subsequent to the findings, it has issued “Notices of Commencement of Investigation and Summons to Producer” to the key players in the sector.

With the summon, the companies are required to provide information and records relating to, among other matters, their pricing methodologies, production and capacity utilisation, exports and relevant commercial relationships.

Three companies account for more than 90 per cent of Nigeria’s cement production. They are: Dangote Cement Plc, HMB Nigeria Plc, formerly known as Lafarge Africa Plc. and BUA Cement Plc.

FCCPC stated that its actions were sequel to concerns raised over the comparatively high retail price of cement in the local market compared with other markets, despite the country’s substantial limestone deposits, significant domestic production capacity and reported surplus installed capacity relative to domestic consumption.

The commission explained that, beyond Nigeria, its investigations extended to markets in sub-Saharan Africa like Kenya, Tanzania and South Africa as well as Egypt, Morocco and Algeria, using metrics such as availability of limestone, the basic raw material for cement production, as well as other variables such as population, production capacity and consumption.

The commission’s survey indicated that Nigeria has installed cement production capacity of more than 60 to 65 million metric tonnes annually, while estimated domestic consumption is approximately 25 to 30 million metric tonnes.

Nigeria is also a net exporter of cement to neighbouring markets, a statement signed by its Director of Corporate Affairs, Ondaje Ijagwu, stated.

The FCCPC statement reads: “Of particular concern to the Commission is that this level of production capacity has not resulted in the downward pressure on domestic prices that might ordinarily be expected in a competitive market with substantial excess capacity.”

Executive Vice Chairman and Chief Executive Officer (EVC\CEO) of the commission Mr. Tunji Bello said the investigation reflected the commission’s responsibility to examine market conditions that have significant consequences for consumers and the wider economy.

FG charges bakers, operators on production process, right labelling
He said: “Cement occupies a strategic place in the Nigerian economy. Its price affects the cost of building a home, developing commercial property, delivering public infrastructure and, ultimately, the cost of doing business. When concerns persist about how such an important market is functioning, the Commission has a duty to look beyond assumptions and establish the facts.” DownloadingInteractive Geographic Maps

He explained that the scrutiny is not intended to dictate the commercial decisions of businesses, rather, it is to determine whether the market is functioning competitively and whether consumers are receiving the benefits that effective competition should provide.

Bello said: “Businesses are entitled to make legitimate commercial decisions and earn returns on their investments. Competition law does not prevent that. Its purpose is to protect the competitive process, so that prices, output and other market outcomes are determined by genuine competition rather than conduct that unlawfully restricts it. That distinction is important to the work we are undertaking”.

The FCCPC spokesman provided additional details on the findings from the ACP investigation.

He said: “For instance, Kenya with 58.6 million population, 76 per cent lower than Nigeria’s population, had domestic cement demand of approximately 9.3m metric tonne per annum (MTPA) in 2025. Retail price in Nairobi is $5.40 or N7,344. Kenya is endowed with limestone. DownloadingInteractive Geographic Maps

“Tanzania, with population of 66.3 million, 72 per cent lower than Nigeria’s population, had domestic cement demand of 9.3m MTPA by 2025 with a bag of cement selling for $4.80 or N6,528.

“In Togo, which does not have limestone deposit, a bag of cement sells for $6.75 or N9,180.

“However, in Nigeria, with its huge limestone deposit and installed capacity, market intelligence reviewed by the commission showed that the retail price of a 50kg bag of cement rose significantly during the first half of 2026. DownloadingInteractive Geographic Maps

“A cement bag selling for between N9,300 and N9,700 in January was selling for between N10,500 and N13,000 by mid-year and by July, prices had risen to between N13,000 and N15,000 in some parts of the country.”

The commission noted that information provided by industry participants had identified energy costs, depreciation of the naira and its effect on imported machinery and spare parts, as well as transportation and logistics costs, among the factors contributing to cement prices.

It said: “The Commission is testing these explanations against verified information on costs, production, pricing and market conditions. However, the weight of preliminary findings provides sufficient grounds for the investigation to continue.

“Next is to determine whether prevailing cement prices can be explained by legitimate costs and market conditions, or whether there is evidence of coordinated conduct, abuse of market power, restriction of domestic supply, anti-competitive distribution practices or other conduct contrary to the provisions of the FCCPA.”

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NDLEA Nabs KC Luxury, Busts Cocaine Trafficking Cartel in Lagos

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Social Media influencer, Afolabi Kazeem Michael, popularly known online as KC Luxury. Credit: NDLEA
Social Media influencer, Afolabi Kazeem Michael, popularly known online as KC Luxury. Credit: NDLEA

The National Drug Law Enforcement Agency has dismantled an international cocaine trafficking cartel that allegedly used Nigeria as a transit hub for moving illicit drugs to the United Kingdom, other parts of Europe and Asia.

The agency also arrested the alleged Nigerian arrowhead of the syndicate, a self-styled luxury goods dealer and social media influencer, Afolabi Michael, popularly known online as “KC Luxury,” as he attempted to flee the country.

A statement by the agency spokesman, Femi Babafemi, on Tuesday, said the Chairman and Chief Executive Officer of the NDLEA, Brig. Gen. Mohamed Marwa (retd.), disclosed this while addressing journalists in Lagos on Tuesday.

Marwa described the operation as one of the most significant narcotics investigations undertaken by the agency in recent times, saying it led to the seizure of 184.50kg of cocaine, the largest cocaine seizure made through a courier company in Nigeria.

According to him, the operation began with the interception of the cocaine consignment concealed for onward export through a courier logistics channel in Lagos.

He said following the seizure, he directed the constitution of a Special Investigation Team to trace the entire network behind the shipment, from the couriers to the masterminds.

Marwa said the cartel hoped to realise as much as N39bn from the consignment through its international distribution network.

“The operation began with the interception of a consignment of 184.50 kilograms of cocaine concealed for onward export through a courier logistics channel in Lagos. Given the scale of the seizure.

“I immediately directed the constitution of a Special Investigation Team, with a mandate to trace the entire network behind the shipment, from the couriers to the masterminds.

“The cartel was hoping to realise as much as N39 billion from the consignment through their international distribution network, ” the statement quoted Marwa as saying.

Working with the management of the courier company involved, Marwa said NDLEA operatives unravelled a network of intermediary companies and individuals used to process the consignment, leading to the arrest of two key suspects, among others.

“The first, Lawal Mujab Kehinde, a staff member of the logistics firm through which the cocaine was processed, was found to have a direct and sustained relationship with the cartel’s Nigerian coordinator. Investigation also established that he packages and processes consignments for the syndicate, routes them to the United Kingdom, other parts of Europe and Asia, while he was paid in cash.

“The second and more prominent suspect is Afolabi Kazeem Michael, popularly known online as “KC Luxury,” whom investigations identified as the Nigerian arrowhead of the cartel. Parading as a social media influencer and businessman dealing in gold, jewellery, and luxury goods, Afolabi used his glamorous public image to disguise a criminal enterprise moving cocaine along a pipeline stretching from South America, through Nigeria, to the United Kingdom, other parts of Europe and Asia,” Marwa said.

Marwa said Afolabi was arrested at the boarding gate of the Murtala Muhammed International Airport, Lagos, on August 13, 2026, after intelligence indicated that he planned to flee the country on a business-class flight to Paris.

He said the suspect was found in possession of €7,750, £2,800 and N100,000 cash, as well as expensive jewellery.

A subsequent search of his luxury apartment on Banana Island, Ikoyi, Lagos, also led to the recovery of exotic vehicles, according to the NDLEA boss.

Marwa said investigations further showed that the cartel used false identities to conceal the true consignors of its shipments and relied on financial facilitators who moved billions of naira on its behalf.

He added that the syndicate maintained criminal contacts in the UK, some of whom had been arrested by British authorities in connection with the same cartel.

The NDLEA boss linked the operation to recent successes against transnational drug networks, including the dismantling of the Switzerland-based Simon Amadi drug cartel, which allegedly laundered millions of dollars through dark web marketplaces, as well as the takedown of two Nigerian-Mexican methamphetamine syndicates operating clandestine laboratories in forests in Ogun and Oyo states.

Marwa said the latest operation demonstrated that drug traffickers could no longer hide behind luxury lifestyles, forests, ports or courier companies.

“These operations send an unmistakable signal that this Agency’s reach extends into the ports, the forests, the luxury apartments, and the departure lounges alike, and that no sanctuary exists anywhere in Nigeria for those who traffic in poison,” he said.

He noted that drug trafficking organisations had recently shifted from seaports and airports, where scrutiny had intensified, to courier and logistics companies, which they allegedly considered less monitored channels for moving narcotics across international borders.

Marwa said the dismantling of the cartel, from the interception of the cocaine consignment to the arrest of its alleged Nigerian coordinator, demonstrated the agency’s capacity to detect traffickers wherever they operated.

“There is no alternative route into or out of Nigeria for illicit drugs that this Agency cannot police,” he stated.

The NDLEA chief also described the operation as a product of international cooperation, noting the near-simultaneous arrests of suspected cartel members in Nigeria and the UK.

He commended the agency’s international partners and members of the Special Investigation Team, coordinated by the Director of Operations and General Investigation, for their professionalism in unravelling the syndicate.

Marwa warned individuals who use luxury brands, glamorous lifestyles and social media personas to conceal drug trafficking activities that the agency would track them down.

“To those who believe they can hide behind luxury brands, glamorous lifestyles, and social media personas while trafficking poison into our communities and across our borders, this Agency will find you,” he said.

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BREAKING: Adeleke Cruises to Victory in 19 LGAs, AMBO Takes 11 in Osun Election

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Results from the 30 local government areas in the 2026 Osun State governorship election show that Governor Ademola Adeleke of the Accord Party (AP) recorded victories in 19 councils, ahead of the All Progressives Congress (APC) candidate, Asiwaju Munirudeen Bola Oyebamiji (AMBO), who won 11 local government areas.

The local government results indicate that Adeleke polled a cumulative 511,067 votes, while Oyebamiji secured 444,815 votes across the state.

The African Democratic Congress (ADC) candidate, Najeem Salaam, garnered 17,180 votes from the 30 local government areas.

Adeleke won Boluwaduro, Ede South, Ife North, Ilesa West, Ifedayo, Ife Central, Orolu, Osogbo, Oriade, Odo-Otin, Ife East, Ifelodun, Iwo, Ede North, Ila, Aiyedire, Egbedore, Aiyedaade and Ejigbo local government areas.

Oyebamiji emerged victorious in Ilesa East, Boripe, Irepodun, Obokun, Atakunmosa West, Irewole, Atakunmosa East, Isokan, Ola Oluwa, Ife South and Olorunda local government areas.

Based on the collated local government results, Adeleke leads with victories in 19 of the state’s 30 local government areas, while the APC candidate secured 11 councils.

Accord won 19 out of the 30 LGAs: (Boluwaduro, Ede South, Ife North, Ilesa West, Ifedayo, Ife Central, Orolu, Osogbo, Oriade,
Odo-Otin, Ife East, Ifelodun, Iwo, Ede North, Ila, Aiyedire, Egbedore, Aiyedaade, Ejigbo)

APC won the remaining 11 LGAs (Ilesa East, Boripe, Irepodun, Obokun, Atakunmosa West, Irewole, Atakunmosa East, Isokan, Ola Oluwa, Ife South, Olorunda).

Here are the Osun 2026 Governorship Election Results of the 30 LGAs: GeographicReference

Boluwaduro LG

Accord: 7,118 votes
APC: 7,050 votes
ADC: 179 votes

Ede South LG

Accord: 26,188 votes
APC: 6,219 votes
ADC: 390 votes

Ife North LG

Accord: 13,879 votes
APC: 9,613 votes
ADC: 333 votes

Ilesa West LG

Accord: 16,196 votes
APC: 12,756 votes
ADC: 673 votes

Ifedayo LG

Accord: 7,427 votes
APC: 6,836 votes
ADC: 115 votes

Ilesa East LG

APC: 16,208 votes
Accord: 12,280 votes
ADC: 504 votes

Ife Central LG

Accord: 21,171 votes
APC: 15,913 votes
ADC: 747 votes

Boripe LG

APC: 19,963 votes
Accord: 12,448 votes
ADC: 379 votes

Irepodun LG

APC: 15,713 votes
Accord: 14,504 votes
ADC: 249 votes

Obokun LG

APC: 16,120 votes
Accord: 12,023 votes
ADC: 205 votes

Orolu LG

Accord: 12,352 votes
APC: 10,622 votes
ADC: 236 votes

Osogbo LG

Accord: 36,480 votes
APC: 30,474 votes
ADC: 1,503 votes

Oriade LG

Accord: 21,343 votes
APC: 14,863 votes
ADC: 423 votes

Odo-Otin LG

Accord: 18,003 votes
APC: 15,435 votes
ADC: 377 votes

Ife East LG

Accord: 27,201 votes
APC: 18,600 votes
ADC: 935 votes

Ifelodun LG

Accord: 21,107 votes
APC: 18,396 votes
ADC: 509 votes

Atakunmosa West LG

APC: 10,037 votes
Accord: 7,479 votes
ADC: 213 votes

Iwo LG

Accord: 27,085 votes
APC: 19,660 votes
ADC: 588 votes

Ede North LG

Accord: 35,427 votes
APC: 10,283 votes
ADC: 307 votes

Ila LG

Accord: 16,211 votes
APC: 12,934 votes
ADC: 259 votes

Irewole LG

APC: 29,972
Accord: 10,934 votes
ADC: 275 votes

Aiyedire LG

Accord: 11,073 votes
APC: 9,910 votes
ADC: 148 votes

Atakunmosa East LG

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APC: 9,936
Accord: 7,872 votes
ADC: 333 votes

Egbedore LG

Accord: 19,278 votes
APC: 11,194 votes
ADC: 363 votes

Aiyedaade LG

Accord: 16,681 votes
APC: 15,719 votes
ADC: 331 votes

Isokan LG

APC: 14,063 votes
Accord: 13,765 votes
ADC: 384 votes

Ola Oluwa LG

APC: 10,782 votes
Accord: 10,063 votes
ADC: 213 votes

Ife South

APC: 14,678 votes
Accord: 13,507 votes
ADC: 290 votes

Ejigbo LG

Accord: 18,458 votes
APC: 16,195 votes
ADC: 5,053 votes

Olorunda LG

APC: 24,671 votes
Accord: 23,514 votes
ADC: 666 votes.

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