newspaper publisher

newspaper publisher

More trouble for Thisday Newspaper publisher, Nduka Obaigbena, as he loses Thisday Dome

4d ago
SOURCE  

Description

The Appeal Court in Abuja has ordered the Abuja Investment Company Ltd (AICL) to take over the Thisday Dome, a popular events centre in Abuja managed by Leaders and Company Limited, owners of Thisday Newspaper. Thisday Dome is owned by Nduka Obaigbena The order followed the failure of the appeal filed by Leaders and Company challenging the decision of the FCT High Court which granted possession of the property to AICL. In a unanimous decision read by Justice Abubakar Datti Yahaya, the appellate court dismissed the appeal for lack of merit and awarded N100,000 cost against Leaders and Company. The judge held that the tenancy agreement between AICL and Leaders and Company had long expired without proof of renewal. AICL had demanded payment of N39.4m outstanding payment for an agreed rent of N78.9m. On June 8, 2016, Mr. Obaigbena sacked 13 senior journalists who appealed to the paper’s management to clear backlog of salaries, a situation they said had left them unable to “meet our obligations both to our families and other responsibilities.” On January 17, 2016, Arise TV, owned by Nduka disappeared from the airwave leaving staff unpaid. On July 7, 2015, members of the Nigerian Union of Journalists demonstrated outside the paper’s head office in Lagos, demanding immediate payment of their salaries and better working conditions