Oil giants flex muscles over Lagos property

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By Mike Ebonugwo

 

Ascon Oil Company Limited and Mobil Oil Nigeria Plc, now 11 Plc, are at loggerheads over a piece of land in Gbagada, Lagos. The indigenous oil firm and the multinational oil giant are locked in claims and counter-claims over the ownership of the piece of land on which the popular Mobil filling station along Oshodi-Gbagada Expressway Lagos stands.

It all began after Ascon officials accused the management of Mobil of denying them access to the land which they claimed to have legally acquired since 2010 and brandished documents to back their claim.

Remarkably, the battle over the property has spawned several litigations and petitions in the last 18 years. The land itself has a long history. It began on September 3, 1966 when a Deed of Conveyance between the Oloto of Lagos, Chief Emmanuel Jaiyesinmi Ogundimu, and Madam Shifawu Ashabi Abudullah informed that the…



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