Court fixes March 3 to hear N1billion concession suit over National Arts Theatre Complex

Federal High Court Lagos on Tuesday, adjourned until March 3, to hear a suit by a company, Topwideapeas Ltd, against the Minister of Interior, challenging nullification of its concession over the National Theatre Complex.

In its court processes, Topwideapeas Ltd described itself as a special purpose entity for the acquisition of the management right over the National Arts Theatre and its undeveloped lands in Lagos.

In the new suit filed by plaintiff”s counsel, Mr Chijoke Okoli (SAN) and marked FHC/L/CS/2392/19, the plantiff wants the court to declare as unlawful, the termination of its concession over the theatre.

Joined as defendants are ; National Theatre and National Troupe of Nigeria Board, Infrastructure Consession Regulatory Commission, Minister of Interior, and the Attorney General of the Federation.

Also joined are: The Central Bank of Nigetia, Access Bank and Herbert Wigwe.

Plaintiff is seeking a declaration, that it is unlawful for the fifth to seventh defendants, to purport to truncate and nullify its rights as the concessionaire of the fallow land at the National theatre, by inducing a breach of its contract.

It wants the court to declare that the plaintiff has a valid and binding contract on the concession of the fallow land sumounding the National Theatre Complex in terms of the updated draft Concession Agreement between it and the Fedetal government.

It wants the court to declare the approval of the Federal Executive Council, as being a mere formality in the circumstances.

Plaintiff wants the court to declare that it is unlawful for the fifth to seventh defendant to puport to truncate and nullify the Plaintifl‘s right over the concession of the fallow land in and about the National Theatre Complex lgutmu. Lagos.

It wants a declaration that it is contrary to public policy and constituting a misappropriation of “scarce public funds” for the fifth defendant to divert public funds towards any project concerning the National Theatre, when the Plaintiff and its partner have mobilized local and foreign private investment into developing same.

The plaintiff therefore, wants an order of perpetual injuction, stopping the defendants and their agents or privies, from interfering or doing anything whatsoever, inconsistent with the. Plaintiff’s right as the ooncecionaire of the fallow land in and about the National Theatre Complex.

It consequently, wants an order, directing the defendants to ensure a prompt handover of the fallow land in and about the National Theatre Complex, to the Plaintiff and its agents, for commencement of construction of the projects planned under the concession agreement.

Plaintiff is claiming the sum of N1 billion Naira in damages, against the defendants

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