Court to hear N1.2tr National Theatre concession suit April 9

by Editor2
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The Federal High Court in Lagos will on April 9 hear a suit by Topwideapeas Ltd on the National Theatre concession.

The firm is challenging the nullification of its concession right over the complex located in Iganmu, Lagos.

The plaintiff said it earmarked $3.5million (about N1.2trillion) for the project development before the contract was allegedly breached.

Topwideapeas, through its counsel Chijoke Okoli (SAN), is praying the court to declare the concession termination as unlawful. (Text courtesy Nation)

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