Developer seeks Tinubu’s intervention over demolition of property

Mr Success Obioma, the CEO, Praco International Ltd, a foremost real estate developer in Abuja has called for the intervention of President Bola Tinubu over the demolition of his multi billion naira property in Abuja.

Obioma, who is also the founder of Psalm 127 Ltd, and Peace Be Still Ltd, made the call in an interview with newsmen in Abuja on Monday

The CEO said in his quest to meet the housing need of the masses in the FCT, he acquired, developed and managed properties for his numerous clients in FCT including high profiled Nigerians and politicians.

He, however, lamented unwarranted alleged persecution by the perceived enemies, who misled the authority and had all his documents and titles seized with property worth billions of naira destroyed.

The engineer, who narrated his ordeal and how his aspiration was frustrated and truncated, said he had lost over N10 billions to demolition by Federal Capital Territory Authority (FCTA).

Obioma said he was incarcerated for over two years in the struggle to get justice over illegal demolition of his properties and that of his clients.

He lamented how authority of FCTA humiliated and frustrated him for over 20 years by seizing of title documents with destruction of multi billion naira property and even incarcerated him for more than two years and yet no hope in sight for a relief from unwarranted persecution by the authority.

Obioma, who said he had secured reliefs through court judgment over the release of his title documents, said the FCT Minister Nyesom Wike should know that the restoration of his title documents followed due process and he should release the remaining seized or restore them.

He said the committee set up by the FCTA as directed by the former president Olusegun Obasanjo cleared him of all allegations of possession of fake land documents as was being speculated or forge documents to acquire lands.

He said that for the 20 years the matter lasted, no one could produce one victim of his alleged illegal land deals to testify

“The membership of the committee comprised of all department heads, directors and management staff of FCTA because they were looking for fake documents as was being speculated that I forge land documents to acquire lands.

“The Minister of FCT, Nyesom Wike should be made to know that the restoration of my title documents followed due process and he should release the remaining seized documents or restore them.’’

He said this was necessary because his life was being threatened by his clients who believed that he had sold their land.

“Yes my life is being threatened by those whose properties have not been restored.

“Most of them have waited since 2003 till date they are now asking, having been acquitted by a court of competent jurisdiction what else is holding their documents? They have been alleging that I sold them.`

“The demolition gale should be checked so that investors would not lose interest in FCT,’’ he said.

When Contacted Mr Mukhtar Galadima, Director of Development Control. FCT Administration, said the matter was already before the minister and would not want to make further comment on it.