STL Trustees has explained that the July 24 and 25, 2018 execution of the judgement on the property measuring 200.184 hectares situated at Awoyaya Area, along the Lekki-Epe Expressway, Ibeju-Lekki Local Government Area of Lagos State, was in compliance with the Judgments of the Courts obtained in Suit Nos. LD/1911/04 and LD/420LMW/2015.

STL through its solicitors, the Law firm of Messrs. Udah, Bala, James & Partner, had one month prior to the commencement of the execution of the court order on the property given notices to the trespassers to vacate the property whilst also giving an opportunity to those who had unfortunately purchased from some fraudulent indigenes to enter into negotiations with its solicitors for ratification and regularization of their purchase. This notice period regrettably elapsed without STL or its solicitors receiving any offers for regularization from any of the illegal occupants further to which it commenced execution on the said property.

Giving historical insight to the property, STL noted that, “By virtue of a Certificate of Occupancy issued by Lagos State Government on 30th December, 2002, the state vested the ownership of the property in EIB Trustees Limited (Now STL Trustees).”

A Lagos High Court had on 11th December, 2006, by virtue of theTerms of Settlement between STL and the Claimants, delivered a Consent Judgment that gave the ownership of property following from a mutually agreed and accepted lump sum payment to the claimants in the said suit, thereby confirming EIB Trustees ownership of the property.

Later, the claimants in another suit comprising ten villages collectively known as Abule-Parapo in Awoyaya, Ibeju Lekki Area of Lagos (through their representatives, Alhaji Mutiu Musa & others) brought an action at the High Court of Lagos State against EIB Trustees Ltd in Suit No. LD/420LMW/2015 seeking for recovery of the Land with all the improvements and structures thereon.

On 3rd July, 2015 by the agreement of the parties, Terms of Settlement was duly executed and filed in the court and same was subsequently adopted as a consent judgment by Hon. Justice Obadina of the Lagos State High Court which judgment reaffirmed the ownership of the property to STL Trustees
Contrary to some erroneous reports that STL Trustees embarked on unauthorized demolition exercise, the demolition of illegal structures on the said land is the necessary step to recover all encroached portions of the land.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

COVID-19: Medplus Founder, Joke Bakare Keying Into The Brave Act Of Giving

A series of increasingly unprecedented events have defined 2020, very few of…

Victorious BUA Titans Heads For England As It Emerges Stan Chart Cup Winner

BUA Titans, the football team of BUA Group on Monday October 1,…

606 Autos Boss, Sarumi Thrown Into Prison over N207.1m Money Laundering

Justice Chukwujekwu Aneke of the Federal High court sitting in Lagos, today…

Here Is Why Oshiomhole Ordered Security Men To Throw Out Akpabio Of APC NEC Meeting

Minister for Niger Delta, Godswill Akpabio was one of the casualties of…