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Rivers

Court Settles N4bn Failed Land IBETO, Dozzy Oil Coys Transaction

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A High Court in Port Harcourt, Rivers State, has resolved a N4bn failed land business transaction involving two oil companies, Ibeto Group Company, and Dozzy Oil and Gas Company Limited.
The trial judge, Justice Adolphus Enebeli, while delivering his judgement in the mattter brought by the Ibeto Group Companies to enforce his fundamental human rights in suit No PHC/268/FHR /2022, against Dozzy Oil and Gas Limited, held that the transaction was a failed business countract and ordered the defendant, Ibeto company, to refund the complainant, Dozzy oil and Gas limited the sum of N4.6bn the company paid to it for the purchase of the failed land.
The court held that reliefs 1 and 6 by the defendants were in order and therefore subsists, adding that the defendants have proved their case that the failed land transaction was entered legitimately.
The court therefore ordered the claimant in the mattter, Ibeto company, to refund back the sum of N4.6 billion to the defendant for the failed land business transaction.
Speaking to journalists outside the court room, counsel to the claimant, Barr Okechukwu Omordu, expressed satisfaction with the court ruling, saying that the judgement partially favoured his client and also the claimant applicant.
According to him, he will demand their money to be paid back to his client as ordered by the court and added that the matter lasted for a short period because the parties agreed for expendious trial.
Also speaking, counsel to the claimant, Sir Henry Bello told journalists that the court didn’t found his client of any wrong doing as speculated by the defendant, adding that there were two different lands in question.
“The land belonging to Ibeto is different and the one bought by Dozzy”, he stated.
He, however, said he will brief the out come of the judgement to his client which would determine their next line of action in the matter.
Dozzy & Gas Limited had filed a petition to the Economic and Financial Crimes Commission (EFCC) through its lawyers alleging, among others, a case of criminal breach of trust involving N4.8billion on a land purchase deal against Cletus Ibeto and his group of companies, alleging that Ibeto, a close friend of its Executive Chairman, based on trust, had offered to sell his company’s property situate at NITECO Shipyard Area, Reclamation II Layout, Port Harcourt, Rivers State and collected an advance deposit of N4.8bn from the company.
The petition stated that the company later carried out due diligence only to discover at the land registry in Port harcourt that the portion of land which Ibeto sought to sell to it does not belong to him or his companies, but to Nigeria Technical Company Limited (NITECO).
The company further alleged that the copy of Ibeto’s title deeds which it gave to Dozy was different from the counterpart copy in the Port Harcourt Lands Registry.
However, Ibeto hurriedly approached a Port Harcourt High Court to enforce his fundamental human rights in a Suit with No PHC/268/FHR/2022 against Dozzy Oil and Gas Limited allegedly trying to fend off allegations of the sale of property not belong to him and other allegations of fraud, breach of trust and forgery against him reported by Dozzy Oil and Gas Limited to EFCC.
In the suit, he had dragged the Economic and Financial Crimes Commission (EFCC), and Dozzy Oil and Gas Ltd before a court seeking an order to stop the EFCC from arresting and or investigating him whatsoever, in enforcement of his fundamental human right.
It was at this point that efforts were sought to carry out out-of-court settlement which also broke down, warranting the continuation of the case in court.

By; Akujobi Amadi

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Rivers

PH Law Campus Graduates 52 First Class Students

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The Port Harcourt Campus of the Nigerian Law School says 52 of its first set graduates that were recently called to the Bar bagged First Class.
It, therefore, praised the students for making the campus proud.
Deputy Director General, Port Harcourt Campus of the Nigerian Law School, Prof. C. U. Mmouzoba, disclosed this during the unveiling of the Lady Justitia statue constructed by the Elders Council of the 2023/2024 set of students of the campus in Port Harcourt.
Prof. Mmouzoba said the campus recorded its first set of graduates with 52 First Class, second only to the Lagos campus which had 54 First Class, which is the highest in the country.
According to him, out of the seven campuses of the law schools in Nigeria, Port Harcourt Campus came second with 52 First Class,while Lagos came first with 54.
He said this feat was made possible by the dedication to duty of its academic staff as well as students who took their studies seriously.
The deputy director general also praised the Rumueme community for its level of hospitality to staff and students of the campus, adding that with the unveiling of the Lady Justitia symbol, Rumueme is now a community of law.
He described the Lady Justitia monument as a symbol of justice and law and praised the Elders Council of the 2023)2024 set of students for coming up with the idea of erecting such as important statue in the campus.
Also speaking, chairperson of the Port Harcourt branch of the Nigerian Bar Association (NBA), Mrs Cordelia Eke said the monument would stand the test of time as far as the campus was concerned.
Eke said the NBA in Port Harcourt is impressed with the students, stressing that the event has made the campus a landmark not just in Rumueme but also in the State.
She said the Association is looking forward to receiving some of the students into its fold.
Earlier, Chairman, Elders Council of the 2023/2024 set of students, Sir Emmanuel Fubara, said the absence of the all important law symbol in the campus was disturbing, adding that it was against this background that the Elders Council and The students Representative council decided to do something about It.

He said both the foundation laying and unveiling took four months to complete and commended the Authority of the institution for its cooperation and support.

The Nyenweli Rumueme, HRM Ndamzi Nsirim was represented at the occasion by Chief Henry Ehule.

By: John Bibor

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Rivers

LG Polls: Okere Assures Oyigbo People Of Improved Living Standard

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As the build-up for the 2024 Local Government elections in Rivers State continue to gather momentum, the candidate for the Chairmanship seat under the platform of the Action People’s Party (APP) in Oyigbo Local Government Area of Rivers State, Dr. Gift Okere, has stated that he will focus more attention on human capital development if voted into office come Saturday, October 5, 2024.
Speaking with newsmen recently in Port-Harcourt on his development mantra, Okere noted that it was not contestable that a great number of persons in the LGA are living in abject poverty as a result of economic hardship, which needs urgent steps to address properly.
“Sincerely speaking, before now, sizeable number of Oyigbo people have called on me severally, begging that I should try to make myself available to contest for the soul of Oyigbo Chairmanship position, giving reasons that it is only my type of person among the lots, who is very compassionate and understands the plight of the down-trodden, and above all, very supportive to every other class of individuals in the society. Hence, I have no option than to hearken to the voice of their out-cries that had reached high heaven.
“However, I have seen that there is not much work to be done in Oyigbo LGA other than to focus greater attention on empowering people to stand on their feet, doing one reasonable work or the other in order to earn a living with their families.
“And, I can assure you that as soon as the issue of human capital development, which will be my top priority in governance if voted to power, is taken care of, then, the problems of joblessness, pitiable standard of living, among others, would be a thing of the past”, Okere declared.
The amiable and self-confident Oyigbo Chairmanship hopeful, widely known for his pragmatic stance and peaceful disposition, also prayed that all the registered eligible voters in Oyigbo would see reason and come out en-masse to massively vote for him, pledging that he “will not fail the good people of Oyigbo LGA”.

By: Bethel Toby

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Rivers

Varsity Teacher Seeks Support For Fubara

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Rivers State born Dubai Professor of Logistics and Supply Chain, Prof. Chris Enyindah has urged Rivers people to support the Governor Siminalayi Fubara administration.
Prof Enyindah stated this at Elele Alimini during the inauguration of Emohua Supreme Council for Sim yesterday.
Prof Enyindah has also donated two million to Emohua Supreme Council for Sim and Ward nine EleleAlimini to aimed at ensuring their goal is realised
The academic Don’ vowed to commit his hard earned resources to the success of Governor Fubara
He said in the past he gave maximum support to the past administration in the state, saying it behooves him to extend such to the Ijaw man piloting the affairs of the State to the admiration of everyone
According to him, the Ikwerres had ruled for 16 years, so it is wise to support an Ijaw man or any other tribe to govern the State.
“So, I advise Chief Nyesom Wike to step aside and play advisory roles. No doubt, Governor Fubara is doing pretty well, hence, all hands should be on deck to support him. On my own part, I will commit my little resources to ensure the dream is achieved. It is time to support Governor Fubara reposition Rivers State. We must support Governor Fubara because he is doing well. Rivers State is moving forward under him .Youths are being employed, Civil servants are being promoted and pensioners are paid as at when due. Under Governor Fubara Rivers people are witnessing positive changes. So, everybody should support him succeed. We have to come out in full force to show support. His temperament and peaceful disposition impress me likewise other well-meaning Rivers people. He has won my heart and those of so many Rivers people who have been silent all these whole years are now coming out to support him. I noticed him during the recent visit by Ogbkor Ikwerre Worldwide. Our dear Governor is a perfect gentle man, calm and peaceful. He doesn’t make noise, leadership is about being silent,” he said.
Our coming today shows the elites in Rivers state are proud associating with him and his government
Our interest is seeking good governance ,our children who have graduated scure job to leave a good life

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