• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Saturday, August 23, 2025
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home Economy

Gbagi plaza in Delta shut down over hike in store rent 

by Felix Ekwu
2 years ago
in Economy
Gbagi plaza in Delta shut down over hike in store rent 
Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

The popular Robinson Plaza in Warri, Delta State was on Monday closed for business following an alleged hike in rent of shops by the management.

The plaza which is the biggest for sales of phones and their accessories in Delta State is owned by a renowned politician and candidate of the Social Democratic Party (SDP) in the 2023 governorship election in Delta State, Olorogun Kenneth Gbagi.

There was heavy gridlock on the ever-busy Deco road in Warri, where the plaza is situated following a protest by the shop owners and other traders over the increment of their store rent by over a hundred percent by the plaza’s management.

ALSO READ  Urhobo Elder Challenges Emuoboh Gbagi’s Claim as First Son of Late Kenneth Gbagi

Up till 11am on Monday, eventually, all the shops were under lock and key as the traders refused to open up their shops for their daily businesses.

Customers who were caught up in the unannounced protest got stranded.

Motorists plying the ever-busy Deco road had a herculean task trying to navigate through other adjoining streets to get to their destinations.

Some of the traders who spoke anonymously lamented the continued increase in their rent by the management of the plaza despite the harsh economic situation in Nigeria.

They explained that just recently they were pre-informed by the management of the plaza of their plans to increase the rent by twenty percent which did not go down well with them only for them to receive another information that the rent has been increased from 292,000 per shop a year to 690,000.

ALSO READ  Urhobo Elder Challenges Emuoboh Gbagi’s Claim as First Son of Late Kenneth Gbagi

This increase according to the traders is over a hundred percent.

The protesting shop owners noted that going by the recent increment they will only be doing business but using their profit to pay rent with nothing left to care for their families.

They also lamented the light situation in the plaza alleging that for over two and a half years now they have continued to pay light bills, waste and security to the plaza’s management without getting value for their money.

ALSO READ  Urhobo Elder Challenges Emuoboh Gbagi’s Claim as First Son of Late Kenneth Gbagi

They noted that as young promising men and women, they decided to engage in the phone repair and sales business in order to make ends meet but, the harsh environment with which they do their business is actually frustrating.

They appealed to the State Government to come to their rescue by constructing a phone plaza in Warri just like the one in Lagos state.

When contacted, Olorogun Gbagi in a phone chat told NewsNet Nigeria that the plaza is privately owned and that the decision to increase the annual rent for stores is purely that of the management.

Previous Post

Resolution of PASAN nationwide strike in sight – Guwor

Next Post

Delta govt seals Bellwood Hotel, Lapo Micro Finance Bank, others for defaulting in tax payment

MORE NEWS

Delta Govt Awards ₦35bn Effurun–Sapele Road Reconstruction to CCECC
Economy

Delta Govt Awards ₦35bn Effurun–Sapele Road Reconstruction to CCECC

August 22, 2025
Dafinone Builds Support Network of Urhobos in Abuja, Pushes for Ethnic Empowerment
Economy

Dafinone Builds Support Network of Urhobos in Abuja, Pushes for Ethnic Empowerment

August 22, 2025
Stakeholders Warn of Crisis in Unregulated Land Acquisition, Urge Delta Govt to Act
Economy

Stakeholders Warn of Crisis in Unregulated Land Acquisition, Urge Delta Govt to Act

August 22, 2025
Nwoko Inaugurates Solar-Powered Boreholes in Idumuje Ugboko, Umunede
Economy

Nwoko Inaugurates Solar-Powered Boreholes in Idumuje Ugboko, Umunede

August 21, 2025
Next Post
Delta govt seals Bellwood Hotel, Lapo Micro Finance Bank, others for defaulting in tax payment

Delta govt seals Bellwood Hotel, Lapo Micro Finance Bank, others for defaulting in tax payment

Leave Comment

RECENT STORIES

Unenurhie people in Ughelli North reject conduct of election, say process violates community constitution

Atuwatse III Coronation Anniversary: AWL Condemns Itsekiri Procession in Igbudu Community

August 23, 2025
Police Arrest Sisters, Accomplices Over Staged Kidnapping to Extort Father

Staged Kidnapping in Aniocha North: Senator Nwoko Says Act Undermines Public Trust, Calls for Strict Penalties

August 23, 2025
Delta Govt Awards ₦35bn Effurun–Sapele Road Reconstruction to CCECC

Delta Govt Awards ₦35bn Effurun–Sapele Road Reconstruction to CCECC

August 22, 2025
Dafinone Builds Support Network of Urhobos in Abuja, Pushes for Ethnic Empowerment

Dafinone Builds Support Network of Urhobos in Abuja, Pushes for Ethnic Empowerment

August 22, 2025
Stakeholders Warn of Crisis in Unregulated Land Acquisition, Urge Delta Govt to Act

Stakeholders Warn of Crisis in Unregulated Land Acquisition, Urge Delta Govt to Act

August 22, 2025

TRENDING STORIES

  • Mosogar Monarch Disowns Chiefs Over Olu of Warri Coronation Anniversary Attendance

    Mosogar Monarch Disowns Chiefs Over Olu of Warri Coronation Anniversary Attendance

    0 shares
    Share 0 Tweet 0
  • Delta Govt Releases 2025/2026 Academic Calendar as First Term Begins September 8

    0 shares
    Share 0 Tweet 0
  • Urhobo Elder Challenges Emuoboh Gbagi’s Claim as First Son of Late Kenneth Gbagi

    0 shares
    Share 0 Tweet 0
  • Woman used daughter’s certificate to gain employment – Roseline Amioku

    0 shares
    Share 0 Tweet 0
  • Dafinone Demands Arrest, Prosecution of Vigilantes Over Brutal Assault on NYSC Member

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.