• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, September 11, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Businessman Sues Firm For N255m

by Olakunle Olasanmi
2 years ago
in News
Reading Time: 3 mins read
Share on WhatsAppShare on FacebookShare on XTelegram

A firm and its managing director have been dragged before the high court of the Federal Capital Territory over alleged breach of trust.

Advertisement

The firm, Strategic Energy Limited, its managing director and chief executive officer, Dayo Adesina, were sued by an Abuja-based businessman, Mr Christopher Akamairo, claiming N255 million against the company as damages for alleged breach of contract.

In the suit pending before the court, the claimant is equally seeking an order compelling the defendants to pay him the sum of N15,418, 689 being the balance due to him on the contract but still outstanding and unpaid by the defendants.

In the suit marked FCT/CV/7723/2023 and dated September 28, the claimant through his counsel, Ayodele Liman, is urging the court to declare that the failure and/or refusal of the defendants to complete an installation of his LPG gas refill plant within a reasonable time frame of six and 12 months, after receiving the total sum of N87, 418, 689 amounts to breach of contract by the defendants.

In his statement of claim, Christopher Akamairo, averred that sometime before 2016, he had a few thoughts about his life after retirement and felt the necessity to set up a gas refill plant as a means to secure his financial future and sustenance.

He told the court that he was introduced to Adesina (1st defendant) as someone with the necessary and requisite experience in gas refill plant construction installation and operation.

Upon discussion with the 1st defendant, they entered into an informal agreement for the construction and installation of an LPG refill plant in Uyo, Akwa-Ibom State.

He claimed that in pursuance of the agreement, Adesina submitted a quotation on the letterhead of his company, Strategic Energy Limited (2nd defendant) based on the outcome of the agreement and the total contract sum as enumerated in the quotation was N88,236,757.12.

Flowing from the above, the claimant said he purchased a piece of land measuring about 1,978 square meters in Uyo, Akwa Ibom State for the project and sourced and obtained a loan from a commercial bank to kick-start the project.

He said it was the understanding of the parties that the project would be completed within a reasonable time, within six to 12 months from the receipt of the first payment by the defendants.

RELATED

IAWPA Hails Amb. Festus Okoye For Championing UN’s Sustainable Development Goals

IAWPA Hails Amb. Festus Okoye For Championing UN’s Sustainable Development Goals

24 minutes ago
Delta Assembly Reverses Worker’s Sack After 24 Years 

Delta Speaker Asks Lawmakers To Work For Public Interest

29 minutes ago

He obtained a loan in the sum of N45 million and remitted the money to the 1st defendant through the 2nd defendant’s operations bank account supplied to him by the 1st defendant for that purpose.

On further request, he made another disbursement in the sum of N39 million on March 10, 2016, for the same purpose bringing it to a total sum of N84 million.

Despite the huge payments made, the defendants did not procure or mobilise any material to the site of the project to commence the same safe for a weighbridge delivered.

He equally stated that sometime in 2019, the 1st defendant informed him that he had imported an LPG tank from abroad which was meant for delivery in Lagos in March 2019, and demanded for a further sum of N3,115,589. 75, meant for clearance and port charges.

Accordingly, he remitted the same by transferring from his account to the defendant’s designated account, and he was given a bill of lading and tracking number to track the tank’s movement to the delivery point and date.

After the receipt of the N3, 115, 589.75 by the defendants, there was no further communication from the 1st defendant on the matter, despite repeated phone calls, text messages, WhatsApp messages, and emails.

Akamairo said he discovered to his chagrin that the bill of lading which the 1st defendant sent to him as evidence of tank delivery was a fluke and meant for another company.

 

Join Our WhatsApp Channel

SendShare10169Tweet6356Share
ADVERTISEMENT
Previous Post

Stakeholders Harp On Role Of Data In Development Planning

Next Post

Tinubu Distressed By ‘Mistaken’ Drone Attack In Tudun Biri – Minister

Olakunle Olasanmi

Olakunle Olasanmi

You May Like

IAWPA Hails Amb. Festus Okoye For Championing UN’s Sustainable Development Goals
News

IAWPA Hails Amb. Festus Okoye For Championing UN’s Sustainable Development Goals

2025/09/11
Delta Assembly Reverses Worker’s Sack After 24 Years 
News

Delta Speaker Asks Lawmakers To Work For Public Interest

2025/09/11
Police Nab Man For Alleged Murder Of Farmer In Kwara
News

Police Rescue Mother, Children, Arrest Father With Gun

2025/09/11
Blackout Hits Abuja As Vandals Attack TCN Transmission Lines, Underground Cables
News

Prolonged Blackouts As National Grid Collapses For 3rd Time In 2025

2025/09/11
US Revokes 6,000 Student Visas Over Crimes, Security Concerns
News

Qatar Imposes Stricter Visa Rules on Nigerians, Bans Sole Male Travellers

2025/09/11
Nwifuru, Umahi, Anyim, Others Honoured In Ebonyi
News

Ebonyi Government Engages Professional Bodies To Check Building Collapse

2025/09/11
Leadership Conference advertisement

LATEST

France Mulls Social Media Ban For Children Under 15

‘Saudi Pro League On Same Level With Premier League’

Kane Highlights England’s Victory Over Serbia As Template For Future Success

Kano Pillars Welcome Ahmed Musa Back To Training Ahead Of Rangers Crucial Clash

IAWPA Hails Amb. Festus Okoye For Championing UN’s Sustainable Development Goals

Cape Verde Set For World Cup Qualification

Odigie Advocates For Improvement In NPFL Standards

CAF Appoints Ivorien Officials For Asante Kotoko Vs Kwara United Clash

ABS FC Appoints Yusuf Salihu As Head Coach

Nigerian U-20 Captain Daniel Joins Slovenian Club, ND Primorje

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.