The management of Benue Investment and Property Company Limited (BIPC) Evergreen Estates (Nyiman & North bank), has activated administrative and judicial processes of ejecting allottees and occupants, who are yet to pay the purchase price as stipulated in the provisional offer letters.
The decision followed the expiration of the period of grace conveyed to the allottees/occupants of BIPC Evergreen Housing Estates
A statement by the Managing Director of the company, Dr Raymond Asemakaha revealed that as a business entity with a mandate to maximize profits for the shareholder, management was compelled to explore this line of action in order to minimize the losses associated with the continued occupation of the estates by such allottees/occupants.
The MD noted that the ejection exercise was not in any way aimed at victimizing the allottees/occupants as the company has exhausted the internal remedies provided in the provisional offer letter including but not limited to verbal and written persuasion to the allottees/occupants of the estates to pay the purchase price annually or monthly but to no avail.
The BIPC boss enjoined members of the public not to be misled by the unsubstantiated reasons advanced by such allottees as noncompliance with the ejection exercise will attract punitive legal consequences.