Residents in Osogbo, Osun State, loot a warehouse linked to a “Global Food Initiative” cheap food scheme after its operators reportedly disappear with customers’ deposits. According to reports, the scheme involves people paying for food items, and the warehouse is tied to the distribution and deposit collection process.
Multiple outlets describe the incident as escalating into public disorder as buyers and investors demand their money and food. Legit.ng says police intervene and fire tear gas as people try to retrieve deposits. Daily Post Nigeria and The Punch both frame the event as a response to a sudden disappearance following an earlier uproar at the organisation’s facility, including reports of tension building after the latest confrontation at the site.
While outlets use terms such as “scam” and “ponzi scheme,” they consistently report the same sequence: customers pay deposits, operators vanish, and residents then storm and loot the warehouse to recover value they believe they are owed.
