One of Nigerian billionaires, Otunba Mike Adenuga is currently at logger head with owner of Banana Island in Lagos. He is said to have been threatening to arrest the leadership of the Banana Island Property Owners/Residents’ Association, over their move to hinder him from his street been given his name.
Our correspondent gathered that Mr. Adenuga, who owns an N8bn home on Banana Island, had approached the authorities of Ikoyi Local Government Area to change the name of his street to “Mike Adenuga Street.”, but the Banana Island Property Owners/Residents’ Association resisted his request, saying the move was against public interest and not in conformity with the rules of the Association.
It was also learned that Mr Adenuga, irked by this development, has been in cahoots with officials of Ikoyi Local Government Area and threatened to arrest Chudi Ubosi led Residents Association.
Asked, about this development, a resident, who spoke to our correspondent on phone said,
“This is wickedness: this man moved into this Island which had street names and house numbers, now he wants to force a change of street name without regards to other residents, many of whom, were here before he came?”
Mike Adenuga is ranked 103 in Forbes list of World Billionaires, he is worth $6.5bn.
