• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Wednesday, February 11, 2026
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.

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.

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.

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

End of Gridlock Nears as Delta Govt Carries Out Pre-Handover Inspection of DSC Flyover
Economy

End of Gridlock Nears as Delta Govt Carries Out Pre-Handover Inspection of DSC Flyover

February 9, 2026
Delta Central Artisans Reject Informal Sector Plan, Pass Vote of No Confidence in Ifeanyi Abanum
Economy

Delta Central Artisans Reject Informal Sector Plan, Pass Vote of No Confidence in Ifeanyi Abanum

February 8, 2026
Oborevwori Earns Praise from Urhobo Christian Ministers for Peace, Inclusive Governance in Delta
Economy

Oborevwori Earns Praise from Urhobo Christian Ministers for Peace, Inclusive Governance in Delta

February 4, 2026
No Approval, No Speed Breakers — Delta Works Commissioner Warns Communities, Contractors
Economy

No Approval, No Speed Breakers — Delta Works Commissioner Warns Communities, Contractors

January 31, 2026
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

From Microbiology to Medicine: Dafinone Backs Delta Central Graduate’s Dream

From Microbiology to Medicine: Dafinone Backs Delta Central Graduate’s Dream

February 11, 2026
Delta Central in Focus as Dafinone, LIF Drive Sustainable Eye Care Initiative

Delta Central in Focus as Dafinone, LIF Drive Sustainable Eye Care Initiative

February 11, 2026
Atiku Warns Against Mixed Election Results Transmission, Calls for Full Electronic System

Atiku Warns Against Mixed Election Results Transmission, Calls for Full Electronic System

February 10, 2026
Resounding Trust: Sapele NUJ Passes Vote of Confidence in Agbajor, Kicks Off Election Process

Resounding Trust: Sapele NUJ Passes Vote of Confidence in Agbajor, Kicks Off Election Process

February 10, 2026
Wike Signals End to Rivers Crisis as Tinubu Steps In Again

Wike Signals End to Rivers Crisis as Tinubu Steps In Again

February 10, 2026

TRENDING STORIES

  • Wike’s ‘New Look’ Sets Social Media Buzz as FCT Projects Gather Pace

    Wike’s ‘New Look’ Sets Social Media Buzz as FCT Projects Gather Pace

    0 shares
    Share 0 Tweet 0
  • Major John Ovwufeti (Rtd) Emerges 16th Odion Orode of Evwreni Kingdom

    0 shares
    Share 0 Tweet 0
  • Delta Central Artisans Reject Informal Sector Plan, Pass Vote of No Confidence in Ifeanyi Abanum

    0 shares
    Share 0 Tweet 0
  • Delta Loses a Trusted Voice as Oborevwori, Guwor, Aniagwu Mourn DBS Broadcaster Vivian Nkechika

    0 shares
    Share 0 Tweet 0
  • Ughelli North APC Unites: Lucky Ofomukoro Emerges as Consensus Chairman

    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.