news
The Tank Farm/Satellite Town Saga:
……The True Story
The Festering story of the Satellite Town and Tank Farm are not getting abated, if the truth must be told. Banters and expansions on the raging matter were espoused by opposing parties on the issues, and the interesting conclusion is that both parties have now agreed on a Mutual and Consolidated Agreement to move on and make things Workable in the interest of Peace, Harmony and Progress.
Residents of a largely populated area in satellite town area of Lagos state, have cried out to the Lagos state Government to come out to their aid on the activities of Tank farm in their immediate vicinity.
The residents made up mainly of all the Estates, roads and close accessed through the old, worn-out, frail, rocky and gully road of the area linked to old Ojo Road, Wobbly Navy Road, and the uncharted shell-Abule Osun Road, with the broken steps and ridges and water collectors interior, are gathered here at the closest level of government.
They are bemoaning their state of desolation and now earnestly drawing the attention of the government to the very appalling and deplorable situation of their Community.
Their groves rise from the operation of a disparate group of over 50 Tank farms operated by 13 marketing Companies.
This ugly situation led to a massive protest by the residents who trooped out on Tuesday ,July 9, 2019 to condemn what they describe as unwarranted invasion of their community by the oil company. They therefore insisted that the operators should relocate their companies to another area as the current is becoming inhabitable due to environmental pollution ravaging the community.
According to the chairman, Satellite Town Forum, Mr. Michael Imitinl, all government agencies should plan well before approving location of facilities in areas to avoid ugly situation in future just like what is happening in the Niger Delta.
However, we also heared the side of Tank Farms via the secretary, Ijegun-Egba Tank Farms Owners/ Operators, Satellite Town, Lagos Barrister Eslist Eslist who explained, ‘What is essential is that, whatever we discussed at inception of the relationship is that both parties should adhere to the black and white of the deal.
We don’t have issue, their demand are roads, infrastructural deficit which civil construction are going on at Pioneer Road, the road will be fully rehabilitated. Before our company starts operation at Satellite Town, we have to pass through Marwa Road, every collapsed portion in that area has been rehabilitated by our Tank Farm is 3.8 km road beginning of Marwa Road down to the end is long term measure with expansion and the drainage. The issue of flooding whatever concerns the community also concerns us. We want to take water out of the Community down to the lagoon. Work is in progress and the engineer in charge is the Nigerian Army Construction Company . Eventually, whatever that is affecting the community in terms of drainage, water and flooding has been addressed. An expansion of the road is on going which will be completed soon. What we need from the community is cooperation in terms of relationship. As a corporate organization, enjoying good relationship with the community people is our priority.
We have had several meetings and the most important thing is whether the work we promised has commenced or not. Yes, it has commenced, and they are seeing it going on smoothly, and this is why we are appealing to the Community to be patient as the work goes on. We are on the job, and will not abandon the job half-way until it is finished beyond logical conclusion. Above this, our presence, whether you like it or not, has made this community a better one in the eyes of the external world, and we are even making moves to make satellite Town/ Ijegun Egba Community more attractive. It is only good for our Company, not the Hearken to the needs of the Community and we are ever ready to give them what they most desired as part of our Corporate Social Responsibility. We have a cordial relationship with the Community, and it is only a foolish businessman that will operate in a hostile environment, especially when people around him are unhappy. They believe that Tank farm will turn the place into an economic zone, and the Government will be easily attracted to the Community. That is why the LASG has been sending their Interventional team to establish a fire- fighting unity in the Community, just as Tank Farms has established its own fire combating outfit, which can also serve the Community, in case of any unexpected fire outbreak.
We are not here illegally we are here Legitimately, and all Companies are duly approved and licensed by Government, so whatever we are doing here is backed by law, and we can only add value to the surrounding Communities by giving them what they lack, by way of Amenities.
On whatever there were prior meetings between firms and the Community, it was ascertained that several meeting were held between both parties and those meetings ended
in mutual agreement of how the company and the Community can move forward in terms of community development and Corporate Social Responsibility on the part of Tank Farm.
Also, the coordinator, Ijegun- Egba Tank farms owners and Operators Association, Alhaji Ibrahim Muhammed corroborated the earlier speaker.
He said, we have met with the Community severally, and we have briefed them on the work that is going on which they readily saw and identified. Actually, we are supposed to have started earlier than this, but because of the rain, we had to start in May, and hopefully, when the rain subsides, we should be through with the work by the end of September, all things being equal why the work has not been progressing is because of the weather; if not so the work should have been completed since but that is not an excuse for us. We can only hope that the Community will bear with us, even as they can see that work is going on steadily and in no time, they will begin to enjoy the goodies of the job.
Another issue is that of misplacement of trust among the various parties involved. Many meetings were called and invitation sent to the community to address the main issue, only for the Community to renege and give them their own condition, which was to come and meet them at their own behest, with express permission and approval from their directors. They are however waiting for another meeting that can be mutually fixed and issues settled amicably. As for the Tank Farm, they have been job opportunities for the community, and this will not stop because as long as the inhabitants are gainfully employed, the Tank farms will also be greatly rewarded by what the people are giving back to them. So it is a gain-gain situation for the two parties. Tank farms and satellite town entities. Good enough, all the Tank farms have now come together as one body to come as a positive Form in aid of the Community, and this is a good signal for good things to come which include,
medical facility, education, social amenities that will further raise the standard of the satellite town Community. This will be coming as a collective responsibility of the Tank farmers and the host Community.
Operatives of the Economic and Financial Crimes Commission have arrested the Director-General of the Energy Commission of Nigeria, Dr. Mustapha Abdullahi, over alleged money laundering offences.
A source within the anti-graft agency, who spoke on condition of anonymity because he was not authorised to comment officially on the matter, disclosed on Wednesday that Abdullahi was arrested in Abuja and is currently being held in the custody of the commission.
According to the source, the investigation involves alleged fraud amounting to about N500 billion.
“We have arrested the Director-General of the Energy Commission of Nigeria, Dr. Mustapha Abdullahi, over alleged money laundering offences. He was arrested in Abuja and is currently in our custody. The amount involved is estimated at N500 billion,” the source said.
The commission is yet to issue an official statement regarding the arrest as investigations continue.
Senator Cyril Fasuyi, representing Ekiti North Senatorial District, has been dragged before the Economic and Financial Crimes Commission (EFCC) over an alleged fraud involving the sum of $2,980,535.00.
The petition, submitted by Mr. Nuel Wilson, West Africa Regional Representative of Integrated Packaging Systems FZCO (IPS Ingredis) and its Nigerian subsidiary, IPS Ingredis Integrated Systems Limited, accused Senator Fasuyi and his wife, Mrs. Elizabeth Adun Fasuyi, of conspiracy, fraudulent conversion, obtaining by false pretence, stealing, and diversion of foreign investment funds.
According to the petition, which was acknowledged by the EFCC on December 10, 2020, the Dubai-based company alleged that the senator and his wife, operating under the name Legacy Foods Limited, failed to remit payment for products supplied to them after several business transactions.
The petition stated that IPS Ingredis, a company registered in Dubai, United Arab Emirates, conducts the business of sales, supply, and distribution of raw materials across different countries, including Nigeria, through its local subsidiary based in Lagos State.
The complainant explained that the business relationship between both parties began in November 2015 after the suspects were introduced to the company by one of its Chinese customers. Following several meetings, the Fasuyis allegedly represented themselves as credible business partners interested in the company’s line of products.
Based on the agreement, the company reportedly supplied various raw materials, including corn starch, maltodextrin, shortening, maltose syrup, and other products to Legacy Foods Limited through multiple purchase orders.
The petition further alleged that goods worth over $9 million were supplied to the suspects during the course of the business relationship. However, the company claimed that after selling the products, the suspects allegedly refused to pay the outstanding sum of $2,980,535.00.
“Our clients supplied goods worth over $9,000,000.00 to the suspects. The suspects, after selling all the goods, refused to pay the sum of Two Million, Nine Hundred and Eighty Thousand, Five Hundred and Thirty Five United States Dollars worth of products already supplied,” part of the petition read.
The foreign investors also accused the suspects of allegedly diverting proceeds from the sales for personal use and benefits, despite repeated demands for payment.
According to the petition, investigations allegedly revealed that the products supplied had been sold and disposed of, while proceeds were allegedly converted for personal gains.
The complainant described the development as “a calculated attempt to dispossess foreign investors of their investment in Nigeria through fraudulent means.”
The petition also emphasized the need for Nigerian authorities to protect foreign investments and uphold the spirit of bilateral investment agreements between Nigeria and the United Arab Emirates.
Meanwhile, the petition named Mrs. Elizabeth Adun Fasuyi as a co-suspect in the matter. She was reportedly present in court alongside her husband at a point during proceedings but allegedly avoided arrest by operatives of the anti-graft agency.
Senator Cyril Fasuyi, representing Ekiti North Senatorial District, has been dragged before the Economic and Financial Crimes Commission (EFCC) over an alleged fraud involving the sum of $2,980,535.00.
The petition, submitted by Mr. Nuel Wilson, West Africa Regional Representative of Integrated Packaging Systems FZCO (IPS Ingredis) and its Nigerian subsidiary, IPS Ingredis Integrated Systems Limited, accused Senator Fasuyi and his wife, Mrs. Elizabeth Adun Fasuyi, of conspiracy, fraudulent conversion, obtaining by false pretence, stealing, and diversion of foreign investment funds.
According to the petition, which was acknowledged by the EFCC on December 10, 2020, the Dubai-based company alleged that the senator and his wife, operating under the name Legacy Foods Limited, failed to remit payment for products supplied to them after several business transactions.
The petition stated that IPS Ingredis, a company registered in Dubai, United Arab Emirates, conducts the business of sales, supply, and distribution of raw materials across different countries, including Nigeria, through its local subsidiary based in Lagos State.
The complainant explained that the business relationship between both parties began in November 2015 after the suspects were introduced to the company by one of its Chinese customers. Following several meetings, the Fasuyis allegedly represented themselves as credible business partners interested in the company’s line of products.
Based on the agreement, the company reportedly supplied various raw materials, including corn starch, maltodextrin, shortening, maltose syrup, and other products to Legacy Foods Limited through multiple purchase orders.
The petition further alleged that goods worth over $9 million were supplied to the suspects during the course of the business relationship. However, the company claimed that after selling the products, the suspects allegedly refused to pay the outstanding sum of $2,980,535.00.
“Our clients supplied goods worth over $9,000,000.00 to the suspects. The suspects, after selling all the goods, refused to pay the sum of Two Million, Nine Hundred and Eighty Thousand, Five Hundred and Thirty Five United States Dollars worth of products already supplied,” part of the petition read.
The foreign investors also accused the suspects of allegedly diverting proceeds from the sales for personal use and benefits, despite repeated demands for payment.
According to the petition, investigations allegedly revealed that the products supplied had been sold and disposed of, while proceeds were allegedly converted for personal gains.
The complainant described the development as “a calculated attempt to dispossess foreign investors of their investment in Nigeria through fraudulent means.”
The petition also emphasized the need for Nigerian authorities to protect foreign investments and uphold the spirit of bilateral investment agreements between Nigeria and the United Arab Emirates.
Meanwhile, the petition named Mrs. Elizabeth Adun Fasuyi as a co-suspect in the matter. She was reportedly present in court alongside her husband at a point during proceedings but allegedly avoided arrest by operatives of the anti-graft agency.
Engr. Marcus Adedini, Aspirant for Ife Federal Constituency, heartily congratulate the distinguished Ife-born retired military officer, Major General Adeyinka FAMADEWA (Rtd), on his well-deserved appointment as Special Adviser on Homeland Security by President Bola Ahmed Tinubu.
This prestigious appointment is a clear recognition of your years of meritorious service, professionalism, discipline, and unwavering commitment to national development and security.
Your appointment has brought immense pride, honour, and joy to the people of Ife Kingdom, as it further reflects the excellence and capacity of our sons and daughters who continue to contribute meaningfully to nation-building. Your outstanding record of leadership and dedication to service remains a great source of inspiration to many across the country.
As you assume this important national assignment, I am confident that your wealth of experience and strategic leadership will contribute significantly to strengthening peace, stability, and homeland security in Nigeria.
I pray that God grants you wisdom, strength, and greater success in this new office. Congratulations once again, Sir.
Signed:
Engr. Marcus Adedini
Aspirant, Ife Federal Constituency
-
news6 years agoUPDATE: #ENDSARS: CCTV footage of Lekki shootings intact – Says Sanwo – Olu
-
lifestyle6 years agoFormer Miss World: Mixed reactions trail Agbani Darego’s looks
-
health5 years agoChairman Agege LG, Ganiyu Egunjobi Receives Covid-19 Vaccines
-
lifestyle5 years agoObateru: Celebrating a Quintessential PR Man at 60
-
health6 years agoUPDATE : Nigeria Records 790 new cases of COVID-19
-
health6 years agoBREAKING: Nigeria confirms 663 new cases of COVID-19
-
entertainment1 year agoAshny Set for Valentine Special and new Album ‘ Femme Fatale’
-
news12 months agoBREAKING: Tinubu swears in new NNPCL Board