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With the Lagos National Stadium in Lagos nearing completion, one of the firms contracted to work on the stadium has alerted of substandard materials being used for the job.


Tox Osibanjo, the Director of United Logistics, while lamenting the replacement of his company halfway into the contract, said he’s crying out to ensure “our nation is not shortchanged, to protect the interest of lovers of tracks/field sports and of course, the sponsors of the renovation being carried out.”


“As a professional company, we want to state that Kyle Next/Builders Consult is the main contractor while our company (United Logistics Limited) was contracted as Consultants for Technical Support for supply and installation of the electronic scoreboard and the running tracks.


“After an official presentation of Mondo Tracks to Chief Adebutu Kensington, who approved the procurement of Mondo Tracks and Stadium electronic scoreboard before the appointed contractors later turned around to procure what was different from the agreed Tracks and Scoreboard from Mondo. Mondo was the original presentation to the PPP in the beginning.


“As a management, we criticised the contactor appointed by the government for the renovation of the national stadium for its unprofessional conduct in the way it has been handling the entire project, especially the planting of the natural grass and the installation of the Casali track.”


Osibanjo alluded that because the main contractor didn’t want to pay the contract balance to United Logistics for importation of the Scoreboard and Tartan Tracks hence their refusal to prepare the sub base and drainage according IAAF standard which led to United Logistics refusal to install on a defective Asphaltic track and blocked drainage.


“Despite my company’s criticism of shoddiness and unprofessional manner the renovation work is being handled, the main contractor decided to contract the laying of the track in the usual Nigeria ‘rush rush’ manner to another unprofessional contractor for the laying of the National Stadium’s tartan tracks, an amateur company without proven experience on installation of prefabricated running track in Nigeria and without an IAAF installation license.”


He said United Logistics are the sole representatives of Casali of Italy in Nigeria, the manufacturer of the Tartan Track and a sister company to Mondo spa which is the world leading supplier of tartan tracks and Olympic supplier since 1978.


Osinachi said his company is known for sophisticated sports facilities and world class production of sports surface construction, athletics formworks, road construction and renovation, artificial turf for soccer field and Indoor Sports Flooring, Admixtures and Chemicals for Renovation of Dilapidated Stadium Stands, Beams and Slabs.


“We were contacted to prepare our Technical Team from Italy for pre-inspection of the stadium tracks so as to begin the final stage of Installation of the track and all efforts made by our company for the payment of our balance proved abortive.


“To our surprise, we saw in the national newspapers, the usual government magic that an amateur company had been assigned the contract for the installation of the Tracks- that United Logistics supplied.

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The annual GTCO Food & Drink Festival is back again for its 6th Edition, and food lovers across Africa and the world are in for a feast like never before! The event is slated to hold from Saturday April 29th till Monday May 1st 2023, at GTCentre, Plot 1 Water Corporation Drive, Oniru, Victoria Island, Lagos, providing a 3-day weekend of food and endless celebration.


The GTCO Food & Drink Festival brings together the greatest minds on the global culinary stage, the most industrious Nigerian small food business owners, a world class, state-of-the-art children’s play area, merging them all to give attendees the most memorable food and drink event.


Commenting on the 2023 GTCO Food and Drink Festival, the Group Chief Executive Officer of Guaranty Trust Holding Company Plc, Segun Agbaje, said; “Food and drink are intrinsically social things, and best enjoyed when shared. We understand the value of bringing together businesses and consumers who are passionate about food and have continued to inspire new ways to experience life through food and drink. The continuing success of our free-business platforms reflect our unchanging commitment to Promoting Enterprise and echoes our brand promise of creating Great Experiences.”


Constantly innovating the space and on a quest to continue creating great experiences for all stakeholders, GTCO Food & Drink will be expanding its capacity by creating more opportunities for more businesses and increasing its highly coveted vendor stalls from 142 to 204, giving even more innovative and assiduous business owners the chance to not only showcase their businesses to the over 250,000 foodies in attendance, but also engage with their customer base and learn from a confluence of other great-minded food entrepreneurs. The event will also feature three premier DJs in Africa, setting the scene for a weekend of celebration, food, drink, and togetherness.


Guaranty Trust Holding Company Plc is a leading financial services company providing banking and non-banking services including payments, wealth management, and pension fund management, with a presence across eleven countries spanning West and East Africa as well as the United Kingdom. The Group operates a diversified, Proudly African franchise and is renowned for its innovative approach to customer service and stakeholder engagement which has endeared the brand to millions of people across Africa and beyond. Over the years, many customers have benefited from its unique loan products including the Food Industry Credit and Fashion Industry Credit designed specifically for businesses in the food and fashion industry.


It’s time once again to come together and celebrate the great joys food has to offer! Attendance is FREE.


For more information on the event, please visit:

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Governor Dapo Abiodun Warn Traders Rejecting Old Naira Notes In Ogun State, Releases Number To Call  



The Executive Governor of Ogun State, His Excellency, Prince Dr. Dapo Abiodun, has issued a strong warning to the people of the state, especially traders, commuters, banks, filling stations, supermarkets, and others not to reject old Naira notes.


Abiodun, in his speech, insisted that the N500 and N1000 remain legal tender in his state and that whosoever was caught in the act of rejecting the money will be punished accordingly.


In a recent viral video, the number one citizen of the state said the Supreme Court has ruled that the old Naira Notes is a legal tender till December 31st, 2023, so he sees no reason people will be rejecting the money in order to make life more difficult for already suffering Nigerians.


According to him, “I am hereby sounding a note of warning to every Merchant, Trader, Banker, Petrol Station that is refusing old Naira notes. If you report to me, I will deal with you to the fullest extent of the law.


The Supreme Court of Nigeria is the highest Court of the land and has ruled that the old naira notes remain legal tender until December 31st, 2023”, he said.


However, information from another source claimed that the smart and highly intelligent governor had immediately sent out law enforcers to arrest anyone rejecting the old money. At the same time, a mobile number (0803 375 1767) was also provided for the good people of Ogun State to call in case anyone rejects the old Naira Notes in the state.

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