Skip to content
July 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • #EndSARS: Kwara State announces N500 million fund to assist owners of looted businesses
  • National News

#EndSARS: Kwara State announces N500 million fund to assist owners of looted businesses

Admin October 26, 2020
Kwara

Kwara State Governor, Abdulrahman Abdulrazaq, on Sunday announced a N500 million fund to assist owners of looted businesses.

He said this while inspecting looted malls in Ilorin the state capital, describing the situation as sad and handiwork of disgruntled persons.

After inspecting the damages inflicted on business outfits by hoodlums and looters hiding under the guise of #EndSARS protesters, Governor Abdulrasaq announced a N500 million fund to assist owners of looted businesses.

“Behind the ideas (of angry youths) are people with ideologies of trying to overthrow the government, loot the country or trying to take some sort of advantage the legitimate concerns of #EndSARS,” he said.

While condemning the looting of people’s businesses on Friday and Saturday, the Kwara leader said there can be no justification for such criminal behaviour.

“We are therefore not going to leave the business owners like that. We are setting up a N500 million fund for those that were affected, to access.

“The application form is live and active on the state government’s website and can now be filled by interested parties. We are going to get them back on their feet as soon as possible,” he added.

He sympathised with owners of all the businesses affected, adding that the incident may bring businesses to their knees and cause massive loss of jobs and a surge in the poverty rate.

He was also at the Agro mall where the materials meant for the flood victims in four local governments were kept before being looted.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: #EndSARS Abdulrahman Abdulrazaq

Post navigation

Previous No State Hoarded COVID-19 Palliatives – NGF Insists
Next N5bn required to fix vandalised CICC – Gov. Ayade

Related Stories

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos
  • National News

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos

July 20, 2026
Court sentences 2 Ansaru commanders to life imprisonment Federal High Court
  • National News

Court sentences 2 Ansaru commanders to life imprisonment

July 20, 2026
Reps Committee commences consideration of revised State Police establishment bill spokesman
  • National News

Reps Committee commences consideration of revised State Police establishment bill

July 20, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Fire destroys 17 shops in Lagos market
  • Metro News

Fire destroys 17 shops in Lagos market

July 21, 2026
World Cup: 10 African nations receive a base $100m from FIFA’s $15bn earnings
  • Sports

World Cup: 10 African nations receive a base $100m from FIFA’s $15bn earnings

July 21, 2026
Mambilla fraud trial: EFCC should serve Agunloye with prosecution witness statement, court says
  • Crime and Justice

Mambilla fraud trial: EFCC should serve Agunloye with prosecution witness statement, court says

July 21, 2026
Olisa Agbakoba to chair GOCOP 2026 conference in Lagos
  • National News

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos

July 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.