The land owners of St. Gabriel Coconut Plantation and Oil Refinery in Mkpat Enin Local Government Area of Akwa Ibom State have demanded N14 billion as compensation for their lands acquired in 2016.
The call was made by the village heads of the 13 affected communities in Ikpa Ibom Clan during a press conference held at Ikot Ekong on Thursday.
Chief Inyang said the certified true copies of incorporation documents obtained by the community confirmed that the acquired St Gabriel Coconut Plantation and Oil Refinery is a private limited liability company with a share capital of 200 million completely allocated with zero share allotment to the communities nor payment of compensation. The statement said, 'it is undeniable fact that in pursuit of our legitimate claims, Justice Iniabasi T.
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