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IBADAN: Real Reason Why Odu’a Investment Shut Down Lafia Hotels

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THE Management of Odu’a Conglomerate Limited, has shut down, one of its three hospitality concerns called Lafia Hotel, located along Abeokuta road in Apata, Ibadan, Oyo State.

The company’s Head of Corporate Affairs, Mr Victor Ayetoro, who recently, through a statement hinted that the closure became imperative following the directive of the Odu’a Board/Shareholders to put a stop to the recurring losses being incurred by the hotels in the group over time to salvage the legacy of the heritage bequeathed by their forebears.

The hotels, as learnt have been struggling with inability to meet up with their financial obligations which include among others; backlog of workers’ salaries, huge debts to creditors, non-remittance of statutory commitments such as VAT, WHT utility bills amongst others.

Also, Mega Icon Magazine reliably gathered that Odu’a Investment Co. Ltd, the sole owner of the hotels had on many occasions came to the rescue of the hotels by releasing funds for renovation purposes and settling some of the outstanding hotel debts/statutory obligations which had been the experience in the past years without any significant improvement in the fortunes of the hotels.

Ayetoro informed that the move kickstarts a new strategy to reposition the hotels in the conglomerate’s chain.

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The statement reads: “Odu’a Investment Co. Ltd, which is the sole owner of the hotels, had on many occasions rescued the hotels by releasing funds for renovation purposes and settling some of the outstanding hotel debts in past years.

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“The interventions did not yield fruits in the case of Lafia,

The company further assured the public that third party claims would be reviewed and sorted out while the staff would receive their entitlements as may be agreed after ongoing discussions.

Lafia hotel is one of the hotels inaugurated by Chief Obafemi Awolowo’s government as a step to tap in the tourism economy together with the Premier Hotel and Lagos Airport Hotel . All the three are under the auspices of Odu’a Conglomerate and they all maintained the sanity of a prosperous hospitality concern.

Lafia Hotel was one of the best hotels in Nigeria in the 70s which was the only one fit enough to accommodate the then Head–of–State, General Yakubu Gowon who paid a visit to the Western State then .

The Hotel has like other hospitality outfits been operating within the economic dictate and contemporary business climate overing in Nigeria. That is going from fair to good and for the better.

However, in the past four years, the hotel’s fortune has consistently slid from the good, to the fair and to the bad.

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Metro

Nightclub killing in Ogbomoso confirmed by Police; officers detained

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The Oyo State Police Command has confirmed the killing of one Iyanfa Damilola at a nightclub in Ogbomoso on Monday and also detained officers involved in the incident.

Police operatives were dispatched to the nightclub at the “Under G” area, Owode Ogbomoso, while the 16th convocation of Ladoke Akintola University of Technology (LAUTECH) was going on after a distress call over a fighting incident in the place.

But the Oyo State Police Command spokesman Osifeso Adewale said the fracas worsened, leading to the firing of “warning shots” by the officers. This led to one death.

“The incident recorded the death of one Iyanda Damilola, ‘m’, and the injury of his brother one Iyanda Femi Isreal, who has since been discharged from the hospital after treatment,” Osifeso said in a Thursday statement.

“All operatives involved in the incident including Inspr Rasheed Saheed are currently under detention at the State Criminal Investigation Department, Iyaganku,” he added.

According to him, the police commissioner in Oyo Adebola Hamzat has ordered that the case be “taken up by the Homicide Department of the State Criminal Investigation Department with the Deputy Commissioner of Police directly in charge of the investigations”.

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Education

Victim of Ogbomoso nightclub shooting not our student – LAUTECH breaks silence

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In the aftermath of the tragic killing of Iyanda Damilola, allegedly by a police officer during a nightclub altercation in Ogbomoso, Ladoke Akintola University of Technology (LAUTECH) has clarified that the victim was not a student of the institution.

Damilola, identified as a member of the National Youth Service Corps (NYSC), was reportedly shot dead during a fracas at a club in Ogbomoso on Monday.

Contrary to initial reports, LAUTECH’s Public Relations Officer, Akin Fadeyi, emphasized that the incident did not occur within the university premises.

“The incident occurred around 2 am. It did not occur in the institution. It happened in a club, and in LAUTECH, we don’t have a club or hotel,” stated Fadeyi during the institution’s 16th convocation ceremonies.

He further clarified, “They were fighting and the student who got killed was not our student. So, what happened had nothing to do with LAUTECH. It has nothing to do with our convocation.”

Meanwhile, the Oyo State Police Command has taken action, detaining the officers involved in the incident. According to the command spokesman, Osifeso Adewale, the officers were dispatched to the nightclub to quell a disturbance during the party.

“The incident worsened, leading to the firing of ‘warning shots’ by the officers. This led to one death,” Osifeso stated in a Thursday statement.

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The deceased’s brother, Oluwafemi Iyanda, a LAUTECH graduate, confirmed that the tragic event occurred after attending his convocation ceremony and heading to an after-party with his late sibling.

“All operatives involved in the incident including Inspr Rasheed Saheed are currently under detention at the State Criminal Investigation Department, Iyaganku,” Osifeso added.

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Crime & Court

Judgment Reserved in Baba Ijesha’s Sexual Assault Appeal

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The Lagos Division of the Court of Appeal has reserved judgment in the appeal filed by Nollywood actor, Olanrewaju James, widely known as Baba Ijesha, challenging his conviction by a State High Court over the sexual assault of a minor.

 

A three-man panel of the appellate court, led by Justice Folasade Ojo, reserved the appeal for judgment today after hearing arguments from both sides.

 

Baba Ijesha, in his notice of appeal, sought to overturn the judgment of the lower court, which on July 14, 2022, sentenced him to five years imprisonment for sexual assault on a minor.

 

Justice Oluwatoyin Taiwo (rtd) of the Lagos Domestic Violence and Sexual Offences Court convicted Baba Ijesha after finding him guilty of four out of six counts brought against him by the Lagos State government.

 

The counts included indecent treatment of a child and sexual assault, among others. However, he was acquitted of sexual assault by penetration.

 

In response to the conviction, Baba Ijesha’s counsel, Kayode Olabiran, argued that the prosecution failed to prove the allegations and claimed his client was set up, citing circumstances surrounding the incident.

 

Olabiran emphasized that Baba Ijesha’s confession was made under duress and urged the appellate court to set aside the lower court’s judgment.

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On the other hand, the Director of Public Prosecution, Dr. Babajide Martins, urged the court to dismiss the appeal, asserting that the conviction was valid and supported by evidence.

 

Dr. Martins also reiterated the victim’s age at the time of the incident, emphasizing her status as a minor under the law.

 

Following the arguments presented, the Court of Appeal reserved its judgment for a later date, leaving both parties awaiting the final decision on Baba Ijesha’s appeal.

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