Yaba industrialists seek speedy end to relocation case

Industrialists at Yaba Industrial Estate, Sabo, Lagos, have called for quick resolution of their relocation case, saying it will help them focus on contributing their quota to the economic development of the country.

They said prolonging the case would be of no benefit to both parties, as it will go against the call for local production capacity as canvassed by the Federal Government.

The tenants have been at loggerheads with the Lagos State government through its investment arm, Ibile holdings, planning to relocate them from Yaba to Ikorodu, which they said negates the previous agreement they had with the state.

They are presently at Igbosere high court where they filed an injunction restraining Ibile holdings from forcefully ejecting them before the matter is determined.

Alaba Bamgbose, one of the industrialists, said they want speedy resolution of the matter as it has brought an air of uncertainty to the area.
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