Business Hilights

Tracking Nigeria's Headline Business News Online

EPU 44
Photo News

Can Imo State own only 10% in a school recognized as state Varsity by NUC?

Chevron
Advertisements
Ad 2
Advertisements
Ad 3
Advertisements

Another big issue that must be resolved by the current administration in Imo State is the true ownership of Eastern Palm University, Ogboko in Ideato area of Imo State.

There had been rising speculations that the Eastern Palm University was built with Imo State resources and money but personalized by the former Governor of the state.

Whereas facts show that the University was approved by the Nigerian Universities Commission (NUC), as the 42nd State University, the question that needs urgent answer is how come the state now has only 10 per cent while the former Governor’s interest jumped to 90 per cent.

Investigations showed that before the former Governor sought and got approval for the said university, he had acquired land with government instruments and built all the houses at the University premises for the relocation of the Imo State University (IMSU) to his Community, Ogboko, where the University is situated today.

Further findings showed that as soon as the relocation plot for IMSU failed, the former Governor, on behalf of the state, applied for fresh licence from NUC clearly on the state behalf which therein, vests the ownership on the state.

EPU Main Gate
EPU Main Gate

However, the viral claims that a foundation (name with held) owns 90 per cent of EPU while Imo State owns the remaining 10 per cent must be reviewed by the Emeka Ihedioha led administration as part of his Imo property recovery mission.

Further to the above, the association Imo Communities Unions and leaders of thought in the state had earlier called and protested before the current governor to fast track action on the recovery of a number of public properties and resources that are currently missing in Imo State.

Some of them as listed by the groups in their protest letters include as follows:

  1. The N21.6 billion taken from the local government system.
  2. The N96 billion being the stolen portion of Imo’s IGR for eight years.
  3. Over N40 billion looted through the failed 27 general hospital projects.
  1. The Old IBC premises at Orji: Before now, everybody in Imo State knows that the Old Imo Broadcasting Corporation premises at Orji is a government land. The former Governor used his office as Governor to convert the asset to himself, after building gigantic blocks at the facility with government money. We request that this government property be recovered without further delay.
  1. The Nekede and Orji Mechanic Villages:

We also wish to inform the public that the vast expanse of land occupied by the artisans and mechanics at the Nakede mechanic village as well as Orji Mechanic village was forcefully taken by the former Governor and given to his family members and cronies.

  1. Also, vast expanse of land on the Sam Mbakwe Airport road was acquired by the Government for the purpose of attracting a Naval Base. To our dismay, over seventy percent of the said land was converted to a personal estate by the former Governor. We demand the recovery of these and other lands without further delay.
  1. The Adapalm in Ohaji which the former Governor said was leased out to investors and left in ruins till date.
  1. Imo Rochas and wife
    Former Imo State Gov. Rochas Okorocha and wife

    The Concorde Hotels, an enviable investment of the State which was acquired by the former governor through some proxies.

  1. Westbrook Hotels which is linked to former governor’s son-in-law.
  1. WODDI Wellness Center owned by former governor’s wife, built on the former Imo State Secretariat Annex, a land forcefully acquired from the State by a former Commissioner for Lands.
  1. The Reach FM owned by former Commissioner of Lands, without any know legitimate means of owning such huge property.
  1. The multi billion Naira Farmers Market built by former governor’s sister, on a land belonging to the State.
  1. Over twenty-five plots State land acquired by former governor’s son-in-law upon which El Freeda Foundation was built. This is the Foundation through which billions of Naira have been laundered out of the State.
  1. Extervia Mega Supermarket opposite Civic Center Estate owned by former governor’s sister.
  1. Municipal Plaza owned by former governor’s family member built on a land forcefully acquired from a civil servant by a former commissioner.
  1. Twitter Bites acquired by former governor’s family member forcefully from Mr. Fans.
  2. Spibat Estate most of which land was forcefully taken from Mbieri people by former governor.
  1. House of Freeda Malls in Owerri, Abuja and Lagos built by former governor’s daughter.
  1. A mighty poultry farm beside Shoprite owned by former commissioner of lands on a land forcefully acquired.
  1. A probe into the JPROS financial sleaze perpetrated during former governor’s first term.
  1. Recovery of over N800 million given to former governor’s sister, per annum, for Christmas trees.
  1. Recovery of the N600 million diverted through the supposed renovation of the Imo State Secretariat.
  1. Recovery of the N18 billion looted through the alleged construction of primary school blocks across the State.
  1. Recovery of all the markets in the State which former governor has claimed 30% ownership.
  1. Recovery of the ISOPADEC funds and the 13% oil derivation funds which amount to over N20 billion.
  1. Recovery of the cardboard industry at Owerri-Ebeiri in Orlu.
  1. Recovery of the N2 billion diverted through the construction of the completely worthless Akachi Tower.
  1. A probe into and recovery of over N120 billion diverted through failed road projects. There is no single road project done by former governor that is not a failure.
  1. Recovery of hundreds of plots of land taken from the State by former governor and family, spread across the state.
  1. Recovery of Imo’s security votes which former governor personalized for eight years.
  1. Recovery of the billions of Naira looted through the construction of deadly concrete beams on the roads and overhead iron projectiles, which serves no purpose while people are dying daily of hunger. These death traps should be dismantled.
  1. Recovery of IRROMA equipment worth billions of Naira looted by former governor.
  1. Recovery of ITC vehicles and investments cornered by former governor, and many others.
Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.