General
How Skye Bank Rendered 3000 Lagos Residents Homeless
By The Witness Newspaper
Skye Bank Plc and its subsidiary, Skye Trustees Limited, are currently enmeshed in fresh controversy following the demolition of more than 200 houses at the instance of the two organisations in Lagos, THE WITNESS reports.
While the President Muhammadu Buhari administration is striving so hard to achieve its target of delivering affordable housing to the people, the Tokunbo Abiru-led financial institution and its subsidiary on Thursday, July 26th 2018 visited hardship on the Glorious Villa Community in Ibeju Lekki Local Government Area of Lagos State which housed over 3000 inhabitants when they demolished the properties.
THE WITNESS reliably learnt that trouble started when Skye Bank was discreetly sold a large expanse of land allegedly belonging to about 55 families by four of the families in Abule Parapo Phase 2, Awoyaya area of Ibeju Lekki.
It was further gathered that after winning the land dispute case from initial land grabbers, another set of family unit had three years earlier sold some plots located behind the famous Greenspring International School for the sum of N1.5 million each to the occupants who are now homeless after the destruction which gave them no chance to salvage their belongings.
Unknown to these family units, the four family units had also obtained a court judgment behind the scene and went ahead to sell the entire 200.184 hectares of land plus the court judgment to Skye Bank and Skye Trustees Limited which rushed to the Lagos State government through high-powered officers for the authentication of the lands in their company name.
Skye Bank, THE WITNESS learnt, reached out to the lawyers of the property owners to come over for ratification and demanded that they should pay sums of money ranging between N4 million and N8 million for the ratification of each of the plots in contention.
The property owners had suggested further negotiation and had reached a compromise with the bank, but Skye Bank allegedly went ahead with the demolition of the properties with the backing of about 300 armed operatives from various security outfits that harassed the residents and seized their belongings including phones and cameras.
The Skye Bank-ordered demolition has thrown the residents of the area into a state of distress and agony as majority of them now take refuge in uncompleted buildings outside of the community. Others have resorted to talking solace under the bridges around the area while some have moved in with their relations as squatters pending when luck will smile at them to acquire new accommodations.
Affected residents, most of who are customers of the Skye Bank have been counting their post-demolition losses, lamenting the suffering they are forced to go through.
“This pain is too much to bear, and to think that it comes from a bank I hitherto held so dear is worrying to me,” lamented a woman who did not provide her name.
Mr Wise Iyanla while narrating his ordeal to THE WITNESS correspondent said: “I, my friends, my comrades and my families, we are closing all our accounts in Skye Bank. This is a trying moment but we will win this battle!
“As a young man in the corporate world, I strove harder to do some expensive things. One of the things I did was to strive to build a bungalow here in Ibeju Lekki axis (Awoyaya) and my land was properly acquired from the legitimate owners who originally acquired the landed properties from their forefathers as inheritance.
“All of a sudden, just last month here, I was at work when I received a WhatsApp message from a co-landlord, informing me that our properties built with our hard-earned sweat were being demolished by Skye Bank and their agent, Lekki Gardens Estate Limited with a battalion of security personnel to protect their heinous action.
“What can I say as a young father and hustler? I said to my co-landlord, man can never be hurt. What took us years to stand, as struggling young Nigerians, were demolished in minutes.
“The most painful aspect of the story is the fact that our buildings were demolished in error because there was no court judgment that warranted the destruction of our properties and I doubt that the IG was aware of the illegal police officers outing during the criminal and malicious destruction of our properties and now that it is established, 10 billion for the accounts is feasible.”
Another affected resident, a 64-year-old widow and retired civil servant, Mrs Oyekunle Azeez, said ever since the incident, she has been living in a church and her blood pressure had risen. “In tears, the elderly woman said: I laboured so hard before I retired to build this house, how have I offended the bank and their directors? This was all I had. Why do they want to send me to an early grave?” Mrs Azeez lamented.
The lawyers representing Glorious Villa Community Development Association, Reagan Nzeteh & Co. has written Lekki Gardens demanding the sum of N10 billion from Skye Bank Plc and Skye Trustees Ltd for what it called trespass to land, willful/criminal/malicious damage of its client’s properties and illegal demolition of the properties in Abule Parapo Phase 2 by the two organisations. They have also threatened to sue the trio if the money is not paid within a stipulated period of time.
In the same vein, the inspector general of police has been petitioned regarding the illegal use of over 300 police officers in the operation.
Efforts by our reporter to reach the management of Skye Bank and Skye Trustees for their angle to the development proved futile as enquiries sent to the bank were not responded to as at press time.
Culled from The Witness Newspaper
By Adedapo Adesanya
President Bola Tinubu will embark on a state visit to France on Wednesday and stay in the European country for the next three days in honour of an invitation from President Emmanuel Macron.
The presidency disclosed this in a statement on Tuesday signed by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga.
The statement said President Tinubu will “be received on Thursday at the 350-year-old French military museum, Les Invalides and Palais de l’Élysée, by Mr Macron and his spouse, Brigitte, for initial ceremonies that will dovetail into bilateral meetings.”
“The Nigerian leader’s three-day visit, which will focus on strengthening political, economic, and cultural relations and establishing more opportunities for partnership, particularly in agriculture, security, education, health, youth engagement and employment, innovation, and energy transition, promises significant benefits for Nigeria,” the statement said.
“Both leaders will participate in political and diplomatic meetings highlighting shared values on finance, solid minerals, trade and investments, and communication. They will also witness a session by the France-Nigeria Business Council, which oversees private sector participation in economic development.
“Brigitte and Nigeria’s First Lady will discuss the latter’s passion for empowering women, children, and the most vulnerable through the Renewed Hope Initiative,” it added.
The President will travel for the visit with his wife, Mrs Oluremi Tinubu, and other senior government officials. They will be hosted at a state dinner by the French leader before their departure.
By Aduragbemi Omiyale
Some trucks belonging to the Nigerian National Petroleum Company (NNPC) Limited have been sighted lifting premium motor spirit (PMS), otherwise known as petrol, at the newly-renovated Port Harcourt Refinery in Rivers State.
The facility commenced processing crude oil processing on Monday of about 90,000 barrels per day, representing 60 per cent of its installed capacity of 150,000 barrels per day.
The plant began production three years after the government approved $1.5 billion for its rehabilitation.
On Tuesday, trucks stormed the refinery to load petrol and other petroleum products in preparation for competing with the Dangote Refinery, which commenced PMS production in September 2024.
The Chief Corporate Communications Officer of NNPC, Mr Olufemi Soneye, in a statement today, said trucks began loading petroleum products which include Premium Motor Spirit (PMS) or petrol, Automotive Gas Oil (AGO) or diesel and Household Kerosene (HHK) or Kerosene, while other product slates will be dispatched as well.
Speaking during a brief ceremony to mark the commencement of product loading at the refinery today, the chief executive of the form, Mr Mele Kyari, described this as a monumental achievement for Nigeria which signifies a new era of energy independence and economic growth for the country.
He thanked President Bola Tinubu for his unwavering support and understanding towards the rehabilitation project and for his persistence in ensuring energy security for the country.
Mr Kyari also expressed deep appreciation to the NNPC board and the entire staff for their support and commitment, which crystallized into the streaming of the refinery, commending the contractors for doing a great job in ensuring that the refinery is delivered despite all challenges.
In his remarks, the Chief Executive of the Nigerian Midstream & Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed, congratulated the NNPC for the milestone and assured of his agency’s continued support towards the completion of rehabilitation work at the other refineries.
The refinery rehabilitation project is an Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) project aimed at restoring the refinery to full functionality and renewal.
It has achieved over 16 million manhours with zero Loss Time Injury (LTI).
By Adedapo Adesanya
The Nigerian Navy has arrested three individuals suspected of attempting to smuggle 20,000 litres of petrol into the Republic of Cameroon as the country continues to battle oil theft.
The arrest took place on Monday during a routine night patrol on Mbo River, according to the Nigerian Navy’s Forward Operating Base, FOB, in Ibaka, Akwa Ibom State.
This was disclosed by the Commanding Officer of the Nigerian Navy Forward Operating Base, Ibaka, Captain Uche Aneke.
“The suspects were arrested at about 7 p.m. while our operatives were conducting a stop-and-search during a routine patrol.
“Upon intercepting the wooden vessel, which was laden with about 1,000 cartons of different brands of beer and other goods, we discovered 100 drums of PMS carefully concealed under the cartons,” Captain Aneke added.
The seized items, along with the suspects, were handed over to the Nigeria Security and Civil Defence Corps (NSCDC) for further investigation.
Captain Aneke also reiterated the Navy’s commitment to combating maritime crimes and issued a stern warning to those involved in illicit activities.
“I warn individuals or groups involved in smuggling or any form of criminal activity within Nigeria’s waters to desist immediately.
“Criminal elements in the FOB Ibaka area of operations under the Eastern Naval Command Area of Responsibility will continue to be detected using advanced surveillance equipment and intelligence.
“Nigeria’s waters and the Nigerian coastal areas are not for illegal activities.”
Receiving the suspects and exhibit, the Assistant Superintendent of Corps, NSCDC, Akwa Ibom Command, Mr Willie Sunday, confirmed the transfer.
“We will further investigate and possibly prosecute the suspects,” he added.
Oil theft has been one of Nigeria’s main challenges. It has led to a drop in revenue earnings and has forced the Nigerian government to step up security efforts in the Niger Delta.
Latest data from the National Bureau of Statistics (NBS) showed that Nigeria’s oil production averaged 1.47 million barrels per day in the second quarter of the year, compared to 1.45 million barrels per day in the first quarter.
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