Punuka Investment Limited has faulted a claim by former Ekiti State Commissioner for Information, Sir Kayode Otitoju, and his wife Oladunni over setbacks in Lekki.
Otitoju had petitioned Governor Babajide Sanwo-Olu, urging him to order the unsealing of his road setback housing a mechanic workshop in Lekki Phase 1.
He said the Ministry of Water Resources sealed the place at the instance of the commissioner, Tokunbo Wahab, and Punuka Investment.
Otitoju’s wife, in a separate petition to the state House of Assembly, stated that her farm housing an abattoir in the same location was sealed.
Punuka Investment, in a statement by its counsel Adeyinka Abdulsalam, asked the Otitojus to leave it out in ventilating its grievances with the authorities.
The statement reads: “Our attention has been drawn to two publications by Sir Kayode Otitoju and his wife, Oladunni Otitoju, in which our company’s and our director’s names feature.
“We state that PUNUKA Investment Limited owns the property situated at Block A10 Plot 7, Layi Yusuf Crescent, Lekki Peninsula Scheme 1, Lagos.
“The Lagos State Parks and Gardens Agency (LASPARK) is the statutory body established to manage parks, gardens, open spaces, and recreational grounds in Lagos State under the Lagos State Parks and Gardens Agency Law 2011.
“In accordance with the law, PUNUKA Investment Limited applied to LASPARK on August 11, 2020, for the adoption of the setback abutting the property.
“After careful consideration, including the company’s 3-D design for a beautification garden and parking facility there (forwarded to LASPARK by letter dated May 10, 2021), LASPARK granted approval to PUNUKA Investment Limited. This was confirmed in their letter of 12 April 2022.
“PUNUKA Investment Limited was in effective possession of the said setback until agents of Sir Kayode Otitoju trespassed on it and established a mechanic workshop within it.
“PUNUKA Investment Limited, being a law-abiding citizen, sued Sir Kayode Otitoju and his company Jukot Ventures Limited, which he purports got a license to operate a mechanic workshop within the setback and canal culvert. The purported license was obtained while the case was pending.
“Also, specific power over open spaces in the state is vested in LASPARK, not the Ministry of Transport. Further, a mechanic workshop is not a transportation activity within the purvey of the Ministry to allocate an open space.
“While the Ministry can issue licenses, it has no power to allocate an open space for this purpose. It is for the person seeking such a license to provide appropriate land where such activity can be legally operated.
“Only LASPARK can allocate or license open spaces. Sir Otitoju and his company are determined to place various government agencies in conflict through non-disclosure and compromise of the system.
“LASPARK does not license those who adopt open spaces for trading purposes through leases to mechanic and abattoir operators in a residential/commercial highbrow area but for beautification and other environmentally friendly investment and use.
“The lawsuit, SUIT NO: LD/4808CMW/2023, is currently pending before Honourable Justice Olukolu of the High Court of Lagos State, and thus, we are unable to offer further comment on its merits because the matter is sub judice.
“We advise the Otitojus to ventilate whatever grievance they may have against the administrative actions taken by the Ministry of Physical Planning and Urban Development to the appropriate authority and leave the names of our company and our director out of their publications.
“It suffices to state that the Ministry of Physical Planning and Urban Development is responsible for ensuring the proper adherence to Lagos State’s master plan.
“Thus, an area designated for high-end commercial and residential use (such as Lekki’s new downtown of Admiralty Way) should not be used as an abattoir or mechanic workshop. It poses serious environmental risks and devalues significant investments in the area.
“PUNUKA Investment Limited and Dr. Anthony Idigbe SAN reserve their rights with respect to any libellous comments made against their persons.”
PUNUKA Investment Limited is the developer of PAS World Centre, a six-floor mixed-use iconic development in Lekki.
The complex is designed to accommodate offices, restaurants, shops, and other facilities.
The company’s vision is to provide living, play, work, and leisure spaces.
The PAS World Centre is the company’s second investment within Lekki Phase 1, the other being its three-floor International Law Centre, indicating significant investment in the Lagos urban renewal project of the Lagos State government.
The company would continue with its investment strategy in Lagos State if the conditions were conducive.
In addition, the company supports Punuka Foundation, a non-profit registered in Nigeria and the USA, and the owners of the PUNUKA Foundation Childcare in Sangotedo Lekki Peninsula, which caters to children with special needs and fosters youth development.
