… as Blue Boulevard decry N3 Billion loan from First Bank
By Gift Chapi Odekina
The House of Representatives joint Committees on Airforce and Justice has embarked on an oversight function to carry out on the spot assessment on the alleged excessive use of force by the Nigerian Airforce Property against Blue Boulevard Nigeria Limited
This is coming months after the House had in a petition by Blue Boulevard promised to wade into the matter to see that issues are resolved amicably by parties involved
The Company is accusing the Nigeria Airforce property of using excessive force and military might against them and reneging in a contractual agreement they had to build a shopping mall at the Mami market in Port Harcourt, Rivers State.
The tour had the presence of the both parties with the Committee demanding for the bid of quantities, engineering drawing and joint evaluation report tendered.
in his opening speech the leader of the delegation Hon. Dekor Robinson promised to be fair and transparent in their report
He said “‘the reason why we are here is to visit the site and this is in furtherance of duties as it affects this particular investigation as it affects the house. whatever we are going to do here will form part of our report to be submitted to plenary. so what we expect from you is to give us the best cooperation so that we can address this issue and have a permanent resolution to this particular problem
“Our mission here is mere fact finding so i crave your indulgence to give us the best in terms of contributions. After the inspection i will expect we also sit briefly to address one or two issues before we depart.
The Managing Director of Blue Boulevard said 640 shops for cluster one are all sold out with occupancy rate of about 20 percent
He said “when things were rosy we sell a shop for 5Million naira per but today in order to keep the venture going we sell a shop at 250 thousand for 20 years
”In total we have three clusters of total shops of 2000. Cluster one all hundred percent finished, occupied and paid for. Cluster 2 has 860 shops of which 430 are finished and 430 are 70% completion. Where we stopped was where we were invaded and made to stop while cluster 3 is 500 shops with 50% done
Managing Director NAF property, Air Vice Marshal Bagari however said the clusters does not represent completion. He said at the point of agreement the completion of the project is the point it is tenantable. we didn’t expect that anyone renting this place will rent a carcass in order to complete it will all facilities in place.
Rep. Boma Goodhead (PDP Rivers) however sought to know if NAF properties had sent a Representative to monitor construction. she queried the non presence of NAF property while work was ongoing
Rep. Dekor said i can assure you that over visit will put an end to this crisis and i want to re-emphasis that we are here in the interest of Nigerians. We will come to a table and make everybody is happy
we are here by the special grace of God so let us take good advantage from the opportunity that God has placed before us, if we take a very hard line we will not achieve our aim.
‘He said ” we have visited the site and we will brief the committee when we get back to Abuja.
The joint committees will do justice to this he said”
Peter Osunde noted that the ongoing project was halted following the invasion of the Miliatry in March 2017
He decried the distortion of agreement one in the contract which gave thirty-two hectares of land documented, signed and later went into agreement 2 with 6 hectares of land. He said work currently on ground has only captured three hectares as against the agreement reached.
”We had worked agreement one till 2015 and led to agreement two. The first agreement was for 20 thousand shops
”All investment are receipted and we have invested over 11billion naira to date . Our contract is meant to enjoy the contract for twenty years, so what is the value of our 11 billion naira investment if the money was put in the bank.
“We demanding that the sum of 72b be paid and NAF property is yet to reach us. We demolished the site and got rid of about a hundred thousand Nigerians and settled them.
Mr Osunde said the sum of 11.2 has been spent since 2009 to September 30th 2020.
”The bank loan comes in a quarter and we are cutting off in September.
“We surveyed all the bank through the Central Bank of Nigeria and took the least loan which is 9.62 percent and the loan we have with first bank is costing us 28 percent, so all we are saying is pay us 39.62 percent.
He also noted that NAF property had written to them in October 2017 to negotiate for an out of court settlement but they did not do the needful and took us on a merry go round meanwhile a three billion naira loan taken from first bank continued to increase.
Because of thier unwillingness to pay, it costing the federal government and they have continued to push the evil days forward at a huge cost everybody”he said.
Recall that a federal High court in Port Harcourt has ordered men of the Nigerian Airforce to vacate the premises of Blue Boulevard limited, a multi shopping complex on Aba Port Harcourt
Justice Hillary Oshomah who gave the order in an application filed by Peter Osunde ( 1st Applicant , Blue Boulevard limited (2nd Applicant) against Nigerian Airforce properties limited said the continued stay of men of the air force at the business premises was ultra vires and beyond her statutory responsibilities.
The House of Representatives Committee on Airforce Chaired by Rep. Shehu Koko assured that justice will be done when the report is laid on the floor of the House
