https://www.thisdaylive.com/index.php/2017/09/25/eko-atlantic-gets-first-occupant-as-abc-orjiako-acquires-afren-tower/

The first building to be completed in Nigeria’s cutting-edge city of the future, Eko Atlantic, has been acquired by oil magnate and Chairman of Seplat Petroleum Development Company Plc, Dr. ABC Orjiako
The 15-storey building, designated Alpha 1 or Afren Tower, was designed by James Cubitt architects and built by the Chagoury-owned construction firm, ITB Nigeria Limited, for a private investor with the intention of having Afren Plc, once a London Stock Exchange (LSE) listed independent oil and gas firm with interests in Nigeria, Ghana, Kurdistan, The Gabon and Cote d’Ivoire, as its anchor tenant.
However, by the time Alpha 1 was completed last year, Afren had filed for administration, following allegations of unauthorised bonus payments by the company’s joint venture partner to the then CEO and CFO of Afren, a crippling bond default, its inability to refinance its operations, and eventual delisting from the LSE.
With Afren in administration, an air of uncertainty befell Alpha 1 but this was lifted some months ago when Orjiako, an orthopaedic surgeon, with extensive interests in the oil and gas sector spanning more than two decades, bought the property
With the acquisition of the building, THISDAY learnt that Orjiako has commenced the relocation of one of his exploration and production firm – Salvic Petroleum – to Alpha 1.
When contacted to confirm the acquisition of the building, Orjiako denied that he had bought the tower, however, top officials who work for Gilbert and Jack Chagoury who are behind the development of Eko Atlantic City, and two bank CEOs in the know of the transaction, maintained that he bought the building in his wife, Henrietta Orjiako’s name.
Another source claimed that Orjiako was not interested in making his latest acquisition public in order to keep his creditors at bay.
Although Orjiako holds the majority interest in Salvic Petroleum, the company is chaired by Mr. Oye Hassan Odukale, who is also the MD/CEO of Leadway Assurance Limited, and has his wife, Henrietta, as its executive vice chairman. Another director of the company includes Ikem Okafor who doubles as its CEO.
Salvic will be remembered for its attempt to take over the Strategic Alliance Agreement (SAA) held by Jide Omokore’s Atlantic Energy Drilling Concept (AEDC) for the financing of six oil blocks operated by the Nigerian Petroleum Development Company, the E&P subsidiary of the Nigerian National Petroleum Corporation (NNPC), until the deal fell through last year.
Despite its inability to get the federal government’s approval for the SAA after a competitive tender, Salvic has turned its sights on providing services as a sub-contractor to Shoreline Natural Resources Limited and its partner, UK-based Heritage Oil, operator of Oil Mining Lease (OML) 30.
OML 30, located 35km east of Warri in Delta State, is a joint venture oil block held by NPDC (55 per cent) and Shoreline/Heritage (45 per cent).
Shoreline/Heritage acquired their interest in the block from Shell in 2013 during the second round of asset sales held by the Anglo/Dutch multinational and its partners.
A senior official of Shoreline confirmed that Salvic, with its track record in E&P operations, has helped to ramp up production in the prolific oil block, which has 11 fields, to 60,000 barrels per day.
The Shoreline official also confirmed that his company has leased some space in Alpha 1 for proper integration of its personnel with the staff of Salvic.
The Shoreline oil block was one of many affected by heightened militancy in the western Niger Delta last year, especially when the Niger Delta Avengers (NDA) bombed the 87km Trans Forcados Pipeline (TFP), forcing many producers in the region to shut-in production.
The TFP was eventually repaired by Abbeycourt, another firm founded by Orjiako in the 1990s, enabling Shell to reopen the Forcados Oil Terminal (FOT) in Delta State.

God bless the Hustle of the igbos

Good and u ask why some people naturally habour hatred for igbos.

Nice

Igbo amaka.Ndi igbo mara ihe.Ndi Chineke goziri na gozi.Igbo kwenu.

Meanwhile, Sarki is jumping up and down shouting, our Eko Atlantic. Jokes!

Like say na social welfare project. (Charity)

Every inch of land there have already be bought and the place is being built for people with money from all over the world, not rifff raff from Osogbo!

Good

Ckearly rants from in-dwellers in ogbomosho and other enclaves are not being heeded by the powers that be in Lagos,hence the continous sale of properties to those that can afford it...Igbos included

Its funny how some death-poor folks who can barely afford 10naira satchet/pure water three times a day from the sw will be bleating 'our region,our Lagos' like their silly poverty-induced rants on-line will translate to cash for desperate, business-minded real estate developers in Lagos who need real raw cash

..Its all about the Benjamins baby!

Thank God Eko Atlantic is a private project.

Only those who can afford to live there will dare come to make noise on nairaland.

Very soon some will say it's their ancestral land and they built it with their sufferistikashion.

Chukwu gozie ndi igbo...... Igbo Amaka

Igbo is the greatest

horsepower101:
Very soon some will say it's their ancestral land and they built it with their sufferistikashion.

There are billions of Arab money in London and New York and other cities, I haven't heard an Arab make any claims on London.
One building in Eko Atlantic and the inferiority complex is at a fever pitch.

And so wot

Guestlander:


There are billions of Arab money in London and New York and other cities, I haven't heard an Arab make any claims on London.
One building in Eko Atlantic and the inferiority complex is at a fever pitch.

The first building. First Land Lord.

horsepower101:

Very soon some will say it's their ancestral land and they built it with their sufferistikashion.

am sure years to come they will claim is dea mothersland

The great Igbo

Guestlander:

There are billions of Arab money in London and New York and other cities, I haven't heard an Arab make any claims on London.
One building in Eko Atlantic and the inferiority complex is at a fever pitch.

London's mayor is a Muslim from Pakistan.

Stop rationalizing your docility.

horsepower101:
Very soon some will say it's their ancestral land and they built it with their sufferistikashion.

The above is always the statement of lazy ppl and xenophobic tribes.

vedd:

London's mayor is a Muslim from Pakistan.

Stop rationalizing your docility.

What is the connection between what you wrote and what I wrote? Did I mention Muslims anywhere in my post? Are Pakistanis Arabs?
I don't like morons to quote me.

They threw us into the Lagoon.


Then Chukwu Abiama filled it up with, made it land.
Then we lived happily ever after.


Then the Oba, dry throat, thirsty for our wealth, knelt and was begging us for royalty/homage.

"Are we not all Nigerians" He said.

Don't really understand where e-warrior Igbo people stand with Lagos.

Interesting.

Now we know who the real owners of Lagos are.

MayorofLagos and his cone-headed team won't like this.

cc: eggheader101, globemoney.

Flat headed pigs always masturbating over little achievement by someone that don't know whether they exist , when a Yoruba man sold his property to an Igbo man, some fools will be claiming the Igbo man is rich while the Yoruba man is a pauper, now the question is if he wasn't rich, how was he able to acquire the property in the first place? and will the Yoruba man go and throw the money he realized from the sales in the lagoon. The way these gala hawkers on NL think amazes me, how can a bloody tenant claim to be richer than his landlord?

Sirjamo:
Flat headed pigs always masturbating over little achievement by someone that don't know whether they exist , when a Yoruba man sold his property to an Igbo man, some fools will be claiming the Igbo man is rich while the Yoruba man is a pauper, now the question is if he wasn't rich, how was he able to acquire the property in the first place? and will the Yoruba man go and throw the money he realized from the sales in the lagoon. The way these gala hawkers on NL think amazes me, how can a bloody tenant claim to be richer than his landlord?

No, don't sell your properties until hunger start resetting your brains.
Lazy set of human beings. If you refuse to sell, hunger will force you to do so because you skull miners are naturally lazy and pathetic.

ESDKING:

No, don't sell your properties until hunger start resetting your brains.
Lazy set of human beings. If you refuse to sell, hunger will force you to do so because you guys are naturally lazy.

That hasn't clarify anything, how can a lazy and hungry fellow own properties worth millions or billions?

Sirjamo:
That hasn't clarify anything, how can a lazy and hungry fellow own properties worth millions or billions?

Which properties ? You mean the lands your forefathers left for you which wiich were not bought with money but inherited from forefathers and you decided to be selling them up and down for survival ?.

Like I said bf, don't sell, hunger will remind you to do so. Remember you are afonja and you know the characteristics of afonja " Laziness"

Another ipob village low self-esteem, insecurity, crying and wailing thread.


Den don take low self-esteem and insecurity swear for these Igbos, obviously.

What's the essence of being the first land lord when you neighbours will eventually be yoruba?

You guys playing tribal BS should get it together.
Humanity first folks

Not hating but there is no achievement here.....


So this is absolute rubbish and waste of money