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Abuja Investments deny grabbing Kugbo market’s land 

By Daniel Tyokua 

The Abuja Investments Company Limited, (AICL) has denied reports in some section of the media accusing the company of taking over a plot of land that belongs to traders at the Kugbo International Market.

Traders under the umbrella of Kubgo International Market Traders, had accused the company of attempting to reclaim Plot 8279-E08, Kugbo Commercial Layout, which they claim was lawfully allocated to the association since 2003.

In a statement by the President, Prince Emeka Egwuekwe, claim that the Plot in dispute was duly allocated to members of Mararaba Building Material Market in 2003, before it was revalidated in 2017.

The Abuja Investments Company Limited, dismissed the report as gross misrepresentation of the facts and a malicious publication aimed at achieving the selfish agenda of a group of persons.

This is contained in a statement issued by the Senior Special Assistant on Media to the minister of FCT, Sani Abubakar said  the title to Plot 8279-E08 where the Kugbo International Market is being developed, was granted to Abuja Investments Company Limited free of any encumbrance via an Offer of Statutory Right of Occupancy dated March 29th of March 2019 for the purpose of developing a District Market to serve Nyanya and adjoining districts.

The statement  maintained that all necessary approvals were obtained, from the relevant authorities before the commencement of the project.

“One of such approvals was ‘Conveyance of Building Plan Approval’ by Department of Development Control, FCDA on October 10th, 2019.

“The claim by the author of the article that the Kugbo International Market is located in the Kugbo Commercial Layout is clearly untrue, as no such layout or district exists in the Abuja Master plan.

“The projected falsehood of the article referred made reference to a lawsuit and judgment in favor of its peddlers. May we state categorically that neither Abuja Investments Company Limited nor Mesotho Group Limited were parties to the suit referred if at all and in fact there exist no such suit involving the aforementioned organizations, or Plot No. 8279, Cadastral Zone EO8, Nyanya/Kugbo where the market is

 situated”

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