Nollywood Actor and school proprietor, Emeka Ike has been thrown out of his rented apartment in Magodo GRA, Ikeja, Lagos, over his inability to pay an accumulated three years 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.
Sun newspaper reports that Emeka was able to get his landlord accept a deposit of N2 million with a promise to pay the rest later. Trouble, however, started when a year after moving in, the popular Actor began to default and at a point issued a dud cheque of N1.5 million.
To force Emeka to pay his money and eject him from the property, Chief Akintan through his company, Samak Investments Ltd, had to drag the Actor to the Ikeja Magistrate court where he was ordered out of the house.
- See more at: http://www.naijaloaded.com.ng/2014/02/25/emeka-ike-thrown-rented-duplex-failure-pay-n8-5million-rent/#sthash.deax5GvC.dpuf
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