Business
First Bank Allegedly Forges Documents Against Whiteplains British School
FIRST BANK Plc ALLEGEDLY FORGES DOCUMENTS AGAINST WHITEPLAINS BRITISH SCHOOL, FLOUTS COURT JUDGEMENT.
The court case between Whiteplains British School, Jabi Abuja and First Bank Plc is far from over as First Bank appears bent in illegally taking over the property known as Whiteplains British Secondary School located at Jabi, Abuja.
During an interview with the Director of Whiteplains British School, he had the following words to explain…”in 2005, Whiteplains British School took an initial loan of N450,000,000 (four hundred and fifty million naira only) from GTBank. Subsequently, we needed another loan of N200, 000, 000 (two hundred million naira), which GTBank appeared hesitant in giving us. We were however approached by First Bank Nigeria Plc that they were ready and willing to help us with the loan. First Bank paid off the initial loan of N450, 000, 000 and went further to credit our account with the sum of N200, 000, 000”
As it stands now, First Bank Plc is said to be eager to obtain the property at all costs and went the extra mile to allegedly forge a document known as tripartite mortgage. In that tripartite mortgage, First Bank claims that Dr. L.C. Ibe, a former permanent secretary of the Federal Ministry of Water Resources, signed as surety in the year 2014, claiming Dr. L.C. Ibe signed as surety that in the event of failure of Whiteplains British School to pay the loan, First Bank Plc can obtain ownership of the property. Meanwhile, it is clearly on record that Dr. L.C. Ibe, the so-called surety as claimed by First Bank, died in 2013, and was in fact buried on a Friday, March 15th 2013. Can a dead man sign a document? First Bank has refused to answer this all-important question. This is no doubt a criminal act.
It might also interest the general public to know Dr. L.C. Ibe, the man whose signature was allegedly forged by First Bank plc, is the seller of the property to the management of Whiteplains British School, and therefore cannot sign a surety for property which he has already sold.
In accordance with the rule of law, the management of Whiteplains British School took the issue to court and tried to obtain a fair hearing. At the end of the court hearing, Justice B.F.M. Nyako of the Federal High Court Abuja passed judgment on the 19th of December 2016, and it states the following- the 1 and 2 questions are answered in the affirmative. Consequently I hereby order as per the reliefs sought with modifications.
Relief 1, Mr. Bola Olotu is the duly appointed receiver appointed by the 1stapplicant and can perform all the duties stated therein without being visible in the administration of the school so as not to traumatize the students.
Flowing from the above, relief 2 is granted with the modification that Mr. Bola Olotu takes over, finance activity of the school.
Relief 3 is granted with very minimal presence of uniformed policemen at the school premises.
Relief 4 is granted with the emphasis that the sharing formula should be used so that the school remains open and operational with teachers and staff salaries paid.
Relief 5 is not granted. Only monies relating to the facility should be lodged with the 1st applicant account.
In addition, the 1st applicant should enable the 1st respondent access to the properties used as collateral for the Guaranty Bank loan so that they can sell off same to enable them repay the loan with them.
All efforts by Whiteplains British School to appeal to the good conscience of First Bank has repeatedly failed, and the school is left with no other option than to take this matter to the doorstep of public conscience in the light that First Bank would henceforth rescind on there double standards and dishonest acts of flouting court judgments.
Moreover, on the 8th July 2018, officials of First Bank Plc came with armed policemen to erect an illegal fence across the main entrance gates of Whiteplains British secondary school. This is the extent to which First Bank Plc intends to erode the judgment of the Federal High Court.
The board, management and staff of Whiteplains British School, hereby call on First Bank to stop the total disregard of court judgments and also calls on relevant authorities to help temper justice with facts, as we continue to pledge our undying commitment to contributing to the development of Nigeria’s educational sector. It is common knowledge that Whiteplains British School is recipient to several awards including a Special Consultative Status with the United Nations, Platinum Award for Education Development in FCT 2013, Best Secondary School 2012 by the Institute of Government Research & Development, 2010 and 2011 Teen ICT Favorite School Award, Africa Entrepreneurs Merit Award, Nigeria Entrepreneurs Award and several others.
With its background in educational forte, we remain committed to our calling and will not trade evil for evil.
Business
31 electricity towers affected as vandals destroy transmission lines in Edo communities
The Transmission Company of Nigeria (TCN) says vandals in Benin, Edo state, have destroyed 31 transmission towers.
In a statement on Friday, Ndidi Mbah, TCN’s director of public affairs, confirmed that vandals attacked transmission towers in Okada and Ofosu communities along the 330kV Benin-Egbin and Benin-Omotosho transmission lines.
Mbah said the vandalised towers, which suffered significant damage with critical components removed earlier in November, were discovered by TCN linesmen during a routine patrol.
“A total of 31 towers were affected in this incident,” she said.
“TCN engineers from the Benin Sub-Region have initiated repairs to prevent the collapse of the affected towers and to avoid disruption of bulk power supply.”
‘AHOADA-YENAGOA LINE UNDER REPAIR TARGETED BY VANDALS’
Mbah also said its Ahoada-Yenagoa 132kV line, which was under repair following a previous attack, was once again targeted by vandals.
The TCN spokesperson confirmed that the attack, which occurred on November 19, affected towers 29 to 31 and resulted in the theft of approximately one-third of the conductor.
On August 14, TCN announced that Bayelsa state would face a prolonged power outage following the destruction of 13 transmission towers along the Ahoada-Yenagoa 132kV double circuit transmission line by vandals.
The transmission company, on October 29, reported that 65 percent of the damaged transmission towers had been repaired.
The company said 17 transmission towers had been successfully erected, with work continuing on the remaining three.
“A team of TCN engineers, led by Engr. Emmanuel Akpa, General Manager of the Port Harcourt Region, has conducted an inspection of the site,” the statement reads.
“Preliminary findings indicate that the incident occurred at night. In an attempt to prevent further theft while repair arrangements are being made, local security has been engaged at Ula Ikata in Ahoada East LGA to secure the site until repairs are completed.
“Additionally, the line will be energized from the Ahoada end as a preventive measure.”
Mbah added that efforts are underway to replace the stolen 250mm conductor.
Despite challenges posed by difficult terrain and flooding, she said the restringing of the Ahoada-Yenagoa 132kV line is approximately 85 percent complete.
The public relations officer stressed that the incidents underscore the urgent need to address the growing problem of vandalism and theft, which continue to affect Nigeria’s power infrastructure.
She urged the public to support efforts to tackle such criminal acts, which have hindered the expansion and stability of the national grid.
Mbah also called on security operatives and local communities to remain vigilant in protecting power infrastructure in their areas as TCN intensifies its efforts to safeguard its installations.
Business
NCAA issues aerodrome certification for Lagos, Abuja international airports
The Nigeria Civil Aviation Authority (NCAA) has issued Aerodrome Certification for Murtala Muhammed International Airport in Lagos and Nnamdi Azikiwe International Airport in Abuja.
This recertification is a significant achievement, highlighting the ongoing improvements in the safety standards of Nigeria’s international airports.
The announcement was conveyed via a post on the official X (formerly Twitter) account of the Federal Airports Authority of Nigeria (FAAN) on Friday.
The Aerodrome Certificates were formally presented to the Managing Director/Chief Executive of FAAN, Mrs. Olubunmi Kuku, by the Acting Director General of the NCAA, Capt. Chris Najomo.
“@NigeriaCAA just issued Aerodrome Certification for the Murtala Muhammed International Airport Lagos and the Nnamdi Azikiwe Airport Abuja. The recertification is a major boost and attestation to the continued improvements of the safety standard of our Airports,” the tweet read in part.
The certification confirms that Lagos and Abuja airports adhere to the strict safety, operational, and technical standards of the International Civil Aviation Organization (ICAO). This milestone is anticipated to enhance trust among domestic and international airlines, strengthening Nigeria’s standing in global aviation.
Business
Lagos state government plans traffic diversion in Ikeja for 10km Capital City Race today
The Lagos State Government has announced plans for a traffic diversion to accommodate the 10km Capital City Race scheduled for Saturday, November 23, 2024.
The race, which runs between 5:00 AM and 11:00 AM, will affect several major roads in the Ikeja axis, requiring motorists to explore alternative routes during the event.
A statement published on the official X (formerly Twitter) account of the Lagos State Commissioner for Transportation, Oluwaseun Osiyemi, on Friday, highlighted the affected routes.
These include Shoprite Alausa, Billings Way, Kudirat Abiola Way, Opebi Link Bridge, Allen Avenue, Adeniyi Jones, and Oba Akran Avenue.
The race will conclude at the Police College Sports Secretariat/Gym. Junctions and intersections along these roads will be temporarily blocked and manned by officials from the Lagos State Traffic Management Authority (LASTMA), the Nigeria Police Force (NPF), the Federal Road Safety Corps (FRSC), and the Lagos State Neighborhood Corps (LSNC) to ensure a smooth event.
“The Lagos State Government has announced that traffic will be diverted to accommodate the maiden edition of the 10-kilometer Capital City Race between 5:00 am and 11.00 am tomorrow Saturday, 23rd November, 2024.
“To this end, the following route starting from; Shoprite Alausa Ikeja inwards Billings Way to Kudirat Abiola Way, Opebi Link Bridge, Opebi Glo Tower inward Allen Avenue, Allen Junction, GTBank on Adeniyi Jones, AP Filling Station on Oba Akran Avenue, Samsung Authorized Service Centre to Police College Sports Secretariat/Gym will be partially closed off to vehicular movement.
“Consequently, all junctions and intersections from Shoprite Alausa Ikeja to the destination (Police College Sports Secretariat/Gym) will be blocked with barriers, manned by LASTMA, NPF, FRSC, and LSNC to prevent other road users access to the main race corridor,” the statement read in part.
The Lagos State Commissioner for Transportation urged motorists to remain patient as the road closures are part of the traffic management plan for the event. He added that intersections will be intermittently reopened as the race progresses to minimize inconvenience for road users.
Motorists are advised to plan their movements accordingly and cooperate with traffic officials to ensure the success of the inaugural Capital City Race.
In addition to the planned traffic diversion in Ikeja for the 10km Capital City Race, other traffic diversions are currently in effect across Lagos to accommodate critical infrastructure projects.
The Lagos State Government recently announced a 15-month traffic diversion at Mile 2, which began on November 11, 2024, to facilitate the construction of the new Transport Interchange Terminal. This project aims to integrate rail, bus, water, and non-motorized transport, addressing the city’s growing transportation needs.
The diversion affects Loop 1 on the Apapa-bound lane and Loop 4 on the Badagry-bound lane and will last until February 16, 2026. Motorists are advised to use alternative routes, such as Akinwande Road for Badagry-bound traffic and Durban Road for Apapa-bound traffic, to ease congestion.
Additionally, a three-month traffic diversion on the Marine Bridge, outbound Apapa, commenced on Monday, November 18, 2024. This diversion, set to run until February 25, 2025, is to allow for urgent asphalt repairs overseen by the Federal Ministry of Works.
Motorists heading toward Lagos Island are advised to use the Eko Bridge via Costain Roundabout, while those heading to Ijora Causeway or Iddo can navigate through Ijora 7up or other designated routes.
These diversions are part of ongoing efforts by the Lagos State Government to improve transportation infrastructure while minimizing disruption for road users.
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