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Re: The True Position On Kugbo International Market - Business - Nairaland

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Re: The True Position On Kugbo International Market by Banufe: 11:28am On Aug 18, 2022
We have read with displeasure the very unfortunate article published in various newspapers and dated 16th August, 2022 credited to United Kugbo Market Traders Association indicting Abuja Investments Company Limited (AICL) and Mesotho Group Limited (MGL) over spurious allegation of land grabbing et al.

For all intents and purposes information presented by author of the publication is a gross representation of the facts peddled to discredit Abuja Investments Company Limited and Mesotho Group Limited.

However, to set the records straight, Kugbo International Market project was duly approved by the Federal Capital Territory Administration. 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.

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.

To that extent it amounts to intolerable falsehood to posit that responsible organizations as Abuja Investments Limited and Mesotho Group Limited are land grabbers or to assert that Kugbo International Market is in dispute when there is none.

Disclaimer: that Kugbo international market is in dispute and Abuja Investments Limited or Mesotho Group Limited are land grabbers is false and a malicious publication aimed at achieving the selfish agenda of a group of persons.

We therefore urge members of the public to disregard such unfounded falsities regarding the Kugbo International Market, while we assure our investors of a security of their investment.
Re: Re: The True Position On Kugbo International Market by Nobody: 11:29am On Aug 18, 2022
Perfect.

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