DYNAMO

6 Oct 2014

Court Orders Re-opening of Wuye Ultra-Modern Market in Abuja


A High Court seating in Abuja has been asked to order that a full scale business transaction be commenced at the newly-built N6.5billion Wuye Ultra-modern Market in the Federal Capital Territory (FCT). The company behind the project, the All Purpose Shelters Limited which is the 3rd defendant in a suit filed by allotees of the shops in the market, is asking the court to re-open the complex so as to save the buildings from dilapidation.

The market which has 1,700 shops could not be used for business transactions after it was inaugurated by President Goodluck Jonathan due to an order of the court issued in February 2014 in Suit No: CV/440/2012.

The allotees of the shops had sought an order restraining the Federal Capital Development Authority (FCDA); All Purpose Shelters Limited and Abuja Property Development Company, who are defendants in the case "from allocating any of the office or offices in the market pending the hearing and determination of the substantive suit."

The market was built on 7.3 hectares of land under the Public Private Partnership (PPP) and Build, Operate and Transfer (BOT) agreement.

The plaintiffs, numbering over 370, under the aegis of Wuye Ultra Modern Market Owners, dragged the defendants to court to challenge the allocation of the market.

But the 3rd defendant in the matter, All Purpose Shelters Limited, in amended statement of defence begged the court to dismiss the case of the plaintiffs and order the re-opening of the market for business.

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