• Friday, April 19, 2024
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BusinessDay

Businesses reopening taking stock of losses as relative calm returns to streets

Lagos

After about four days of unrest and restiveness caused by hoodlums, economic activities in Nigeria’s commercial city, Lagos, are gradually returning to normal, with businesses counting their loss.

Hoodlums had since hijacked what started as a peaceful protest of well breed Nigerians demanding an end to police brutality and bad governance in the country.

The hoodlums who mounted roadblocks to disrupt the free movement of goods and services resorted into looting and destroying private and government property, forcing state governments across the country to enact a shutdown of businesses providing non-essential services.

Lagos, Benin, Ogun and Delta were some of the states that enacted a curfew to check hold of the situation. Men of the security forces had also since been deployed to various areas of the states to return the situation to normalcy.

Babajide Sanwo-Olu, Lagos state governor, yesterday, relaxed the two-day curfew allowing for vehicular movements of goods and people from 8 am- 6 pm.

Following this directive, economic activities Saturday, began to pick up gradually, with business owners taking huge stock of their loses from the incident

As at 11:16, when BusinessDay went round the country’s commercial city, the areas of Ogba, Ikeja, Fagba, Akowonjo, Egbeda area were all buzzing with activities.

Airport Road from local to international is also free, manned by the heavy presence of men in the military.

Apapa expressway from Oshodi down to mile 2, where the country’s two biggest seaports are located is also good.

Maryland, down to Ikorodu is good, with business activities returning to normalcy. The Ajah area is also bustling with activities up to Awoyaya.