The Managing Director of Arolite Venture, Alh. Aruna Egbinola, has categorically denied rumors that his company purchased the Kolawole Shopping Complex in Saki, recently demolished by the Saki West Local Government Area.
Speaking with newsmen in Saki on Tuesday, Arolite’s management categorically debunked speculation surrounding the shopping complex, describing the claims as untrue and false.
“The information isn’t true, it’s false and should be dismissed by the public,” Egbinola stated during a press briefing in Saki.
He explained,”We initiated a contract with the hope of securing the complex few years back under the leadership of the LG chairman, but it didn’t materialize.”
Meanwhile, he expressed sympathy for the traders,wishing them better alternatives and praying that they would find suitable options.
“We sympathize with the traders and pray to God to provide them with befitting alternatives.”
Regarding the demolition,he stated that the demolition aims to revamp the complex, giving it a new look and design.