Connect with us
JUMIA TECH WEEK

BUSINESS & ECONOMY

Poultry Firm Drags Hybrid Feeds To Court Over Alleged Sales Of Poisonous Poultry Feeds

Published

on

A poultry farm, Redi Foods has dragged Hybrid Feeds Limited to court over the alleged sale of poisonous poultry feeds in Ibadan, the Oyo state capital.

It was gathered that Redi Foods had over a three-month period last year bought poultry feeds from Hybrid Feeds.

It was however revealed that more than 2,000 birds that consumed the feeds purchased by Redi Foods died a few days after consumption of the feeds.

Tests conducted by a government-approved laboratory revealed that the laying birds kept for breeding by the claimant died as a result of the contaminated feeds.

At the Court session on Thursday, it was gathered that the failure of the Hybrid Feeds to compensate the claimant made the claimant drag the company to Court.

Advertisement

Counsel to the claimant, Mr. Adebayo Salau told Justice Ishola of Court 8, Oyo State High Court, Ring Road, Ibadan on Thursday that all efforts made by the claimant to get compensation proved abortive.

According to the Counsel, “I am here to represent my client who is the claimant. What happened was that my client purchased some poultry feeds at Hybrid Feeds and almost the whole stock died.

“It was discovered that the feeds were highly poisonous, with Aflatoxin level 11 times above the safe levels permitted, to the extent that the birds reared by my client died rapidly within a few days.

“At the last sitting of the court on March 11, 2021, counsel to Hybrid Feed pleaded with the court to grant it time to settle out of court with my Client, Redi Foods. It turned out, however, that they were merely playing games and probably looking for ways to buy time.

“Now, today we have applied to the Court that the case is adjourned for hearing.

Advertisement

“We are demanding the sum of N12.5m for the loss and we are demanding the sum of N5m as general damages, making a total of N17.5m.

Counsel to the defendant, Ms. Seun Akande, in her submission told the Court that the defendant and the claimant were yet to agree on the terms and conditions in the out-of-court settlement process.

She said, “We have not been able to reach a compromise”.

The presiding judge after listening to both the claimant’s and defendant’s counsels adjourned the case till 1st March 2022.

The judge said, “The case has been adjourned till 1st March 2022 for hearing”.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

BUSINESS & ECONOMY

Aero To Commence Payment To Redundant Employees In Batches

Published

on

There are strong indications that Aero Contractors will resume payment to some of its redundant employees by the end of this month.

Comrade Olayinka Abioye, General Secretary of the National Association of Aircraft Pilots and Engineers (NAAPE), told journalists that the airline would resume paying affected employees in batches.

According to Abioye, the union learned of this earlier this week during a meeting with Aero Contractors management, led by Capt. Ado Sanusi, the airline’s Chief Executive Officer (CEO), at the airline’s office at Murtala Muhammed Airport (MMA), Lagos.

Abioye explained that the union reached an agreement with the airline’s management to make payments in April, emphasising that two employees from each of the three unions would be paid monthly.

With this, six members of the affected unions, Air Transport Senior Staff Services Association of Nigeria (ATSSSAN), National Union of Air Transport Employees (NUATE), and NAAPE, will be paid monthly until all backlogs are cleared.

Advertisement

Abioye stated that with more funding and access to resources, the airline’s current management could improve the airline’s and its employees’ conditions.

He stated: “Aero described its current challenges, which are impeding their willingness to commit more funds to service outstanding redundancy benefits. Second, we have agreed that payments for two people from each of the three unions will be made this month (April), with NAAPE members receiving 75 per cent of these payments.

“We have demonstrated our commitment to Aero’s continued growth, and this has rekindled hope that things can be done better with more funds at their disposal.

“I would like to plead on behalf of the secretariat that, based on our observations of the airline’s current situation, it cannot do any better than what has just been offered. Let us hope that by next month, some other people will have something to smile about.

Sanusi stated earlier this month that it had paid approximately 95% redundancy packages to some of its employees affected by the exercise a few years prior. He promised that the remaining 5% of affected workers would be paid very soon.

Advertisement

According to him, 225 out of the 237 staff affected by the redundancy package had been paid off, accounting for 94.94 per cent of those affected.

A further breakdown of the affected workers revealed that three members of ATSSSAN and nine members of NAAPE were still affected by the exercise.

Sanusi also lamented in the interview that the operating environment in which the airlines operate was hostile to business, but that despite this, management had been relentless in ensuring that the vast majority of affected individuals received their entitlements.

He assured that Aero Contractors would continue to fulfil its obligations to all employees, but urged that unions not be used to disrupt airline operations.

He stated, “The Company has successfully disbursed redundancy payments to 94.94 per cent of affected employees. Admittedly, we still have financial obligations to a few affected employees.

Advertisement

“However, plans are underway to offset these costs, and we have been engaging with affected employees to keep them informed of everything the company is doing and going through.”

Continue Reading

OIL & GAS

NNPC, First E&P Achieve 20,000bpd Production At OML 85

Published

on

NNPC boss, Mele Kyari

The Nigerian National Petroleum Company Limited (NNPC Ltd) and its joint venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have begun producing oil from the asset known as Madu Field.

 

The field, located in shallow waters offshore Bayelsa State and operated by First E&P, is expected to produce an average of 20,000 barrels per day.

 

The achievement demonstrates the President Bola Tinubu administration’s commitment to optimising production from the country’s oil and gas assets by creating an enabling environment for existing and prospective investors.

Advertisement

 

Speaking about the development, NNPC Ltd’s Group Chief Executive Officer, Mr Mele Kyari, described the start of oil production at the Madu Field as a significant milestone that will contribute to the larger goal of meeting the production required to drive revenue growth and boost the country’s economy.

 

Kyari praised stakeholders for their support and explained that the addition of 20,000 barrels per day by an indigenous oil player demonstrates stakeholders’ commitment to Nigeria’s economic development.

 

Advertisement

The NNPC Ltd/First E&P JV made the Final Investment Decision (FID) on the development of the Madu Field and its sister field, Anyala, in 2018.

 

The Madu Field’s production will be processed at the JV’s Abigail-Joseph Floating Production Storage and Offloading (FPSO) Unit, which can store up to 800,000 barrels of crude oil.

 

Advertisement
Continue Reading

BUSINESS & ECONOMY

 FCCPC Storms Masaka Market, Engages With Traders Association, Others Over Hike In Food Prices

Published

on

Food market

The enforcement team from the Federal Competition and Consumer Protection Commission (FCCPC) on Friday, stormed Masaka market, located in Nasarawa State, and engaged with the executive members of the Market Association, traders and consumers in a bid to stem the rising cost of food items in the market.

Mrs. Boladale Adeyinka, Director, of Surveillance and Investigation, FCCPC, who led the enforcement team to the market located in Karu Local Government Area of Nasarawa State, said the team was on a fact-finding mission to understand why the prices of food items continue to soar despite the measures put in place by the Federal Government to stem it.

Adeyinka explained that recently, Naira has been appreciating against the Dollar, adding that it is expected that this measure would bring down the cost of food items in the market.

Briefing newsmen at the end of the fact-finding mission, Adeyinka explained that the enforcement team of the FCCPC was in the market to interact with executive members of the Traders’ Association, traders and consumers.

She noted that the team of investigators had gathered information on what is responsible for the skyrocketing prices of food items in the market despite the frantic efforts made by the government to stabilise the prices of goods and services.

Advertisement

She identified multiple taxation imposed on traders by various associations in the market as well as the high cost of transportation as being responsible for the high cost of items in the market.

Adeyinka said a concise report would be developed by the Commission, which would advise the government on how to remove multiple taxation to reduce the prices of food items in the market.

The Director of Surveillance and Investigation further assured that the illegal activities of cartels who often impose levies on the traders would be checkmated.

Also speaking, Danlami Salisi Gimba, General Chairman of, Masaka Market Association, blamed the removal of the fuel subsidy as being responsible for the high cost of goods in the market.

Gimba appealed to the government to reduce the price of fuel to ensure that the cost of transportation is greatly reduced, which would in turn impact positively on the prices of food items.

Advertisement

Some traders who spoke to our Correspondent decried the high rate of hunger as well as low sales in the market.

They appealed to the government to, as a matter of urgency, bring down the cost of fuel and introduce policies that would create a new lease of life for the citizenry.

Continue Reading
Advertisement

Trending