MIMIKO SETS TO DEAL WITH JIMOH IBRAHIM,...AS ODSG TERMINATES OWENA MOTEL LEASE

Mimiko sets to deal with Jimoh Ibrahim:

… as ODSG terminates Owena Motels Lease

DR OLUSEGUN AGAGU,[FMR GOVERNOR OF ONDO STATE]

As you are reading this story the representatives of the Ondo State Government [ODSG] deployed from the Ministry of Commerce and Industry would have finally taken full control of the State owned Five Star Hotel, Owena Motels, Akure  from the NICON Luxury Company, owned by Chief Jimoh Ibrahim.

As at the time of filling this report some,our reporter gathered from some staffers of  NICON Luxury who have been managing the hotels for over three years  hat the state government has refused to extend the lease agreement with their company.

 This abrupt termination of the lease and refusal o extend the  agreement between ODSG  and NICON Luxury Company on the management of Owena Motels Limited, may be  a clear indication that the present administration in the state is set to dael with the Ikale born billionaire.

It would be recalled that NICON Luxury Company, which is one of the numerous firms owned by billionaire politician, Mr. Ibrahim, had an agreement with the state government during the twilight days of Gov. Olusegun Agagu to run the hotel for an initial period of three years, subject to review.

The agreement was signed on May 2, 2008 and it was expected to lapse on May 2, 2011 over two weeks ago which made the state governor, Dr. Olusegun Mimiko, to  direct the Commissioner for Commerce and Industry, Mr. Akin Akingbesote, to put an end to the lease.

 This made the Commissioner to  second a very senior official from the ministry of commerce to Owena Motels o Igbatoro,road,Akure  to act as the receiving manager.

The two party,thst is the NICON Luxury team ad the State government officials are already taking stocks and crosschecking available record of all the assets and liabilities of the hotel, before the agreement would be formally terminated.

Sunshine VOICE reporters also gathered that some members of staff of some of the NICO staffers who once hold sway in the hotel had since vacated their rooms and chalets within the hotel complex as some have even checked in to nearby hotels.

The workers were said to have been moved into the vacant office of the NICON Insurance complex located at Isinkan area of Akure.

 Up till the moment of fii this report both the state government and the billionaire company has not issued an official  statement on the new development.