Emeka Ike who has been thrown out of his rented apartment in Magodo GRA, Ikeja, Lagos, over his inability to pay an accumulated three year rent of N8.5 million.
The apartment, a twin duplex located at 1, Raji Oladimeji Street, Magodo GRA, was until his ejection, used by Emeka to run his business.
Emeka had in 2007 diversified by establishing a secondary school named St Nicholas College and decided to hire the premises on a five-year lease agreement from an 87-year-old retiree, Chief Samuel Agboola Akintan at the rate of N2 million per annum for the first two years and N3 million annually for the remaining three years, bringing the total rent of five years to N13 million.
source sun.
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