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Multi-billionaire businessman, Alhaji Aliko Dangote, is expected to appear before Justice Okon Abang of a Federal High Court on 5 and 6 May for the continuous hearing of a $48million land suit filed against him by Oba Otudeko’s Honeywell Group.
The Nigeria Ports Authority, Bureau of Public Enterprises, Dangote Industries Ltd., Dangote and Greenview Development Nigeria Ltd are defendants in the suit which has been filed since 2006.
Otudeko is claiming $48m against the defendants as damages for a breach of contract over the 10.8 square metres piece of land within the Lagos Ports Complex, known as the 5th Apapa Wharf Extension.
The suit was first filed before Justice Ramat Mohammed. The matter was transferred to Justice Abang upon Mohammed’s retirement from the bench.
The plaintiff averred that by an agreement, NPA leased the land to him for five years for N2.2m yearly.
He said the land was to be used for the setting up of a bulk food handling facility, adding that in keeping with the agreement, it paid the amount and additional N290,000 for survey, but the BPE suddenly suspended his pre-existing rights, and granted the concession to Greenview Development Ltd. belonging to Dangote.
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