The Benue Investment and Property Company (BIPC) Limited had initiated moves to eject allottees/occupants of BIPC Evergreen Housing Estates at Nyiman and Northbank areas of Makurdi, the Benue state capital, who are yet to pay the purchase price as stipulated in the provisional offer letters.
The action by the BIPC followed the expiration of the period of grace conveyed to the allottees/occupants of the estates.
The management said it has activated administrative and judicial processes of ejecting the affected allottees/occupants as a business entity with a mandate to maximise profits for the
shareholder.
A statement signed by the Managing Director and Chief Executive Officer CEO and made available to newsmen Thursday said management is compelled to explore the line of action in
order to minimise the losses associated with the continued occupation of the estates by such allottees/occupants.
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