The crisis rocking upscale residential estate, the 1004 Estates, Victoria Island, Lagos, has taken a new dimension with the sack Maintenance Committee. The committee had the responsibility of maintaining facilities on the estate. 

At a meeting held at the 1004 Estates Cluster Club House, residents said the sack of the Maintenance Committee, also know as House Owners and Residents Association (HORA), was inevitable because it failed to deliver value.

A major reason given for the sack of the committee, headed by Mr. Tayo Soetan, is the squalid state of infrastructure on the estate. Mr. Soetan was sacked along with other members of the committee that included Mr. Ochuko Akposibure, the Vice Chairman; Mrs. Sade Babatunde, Mr. Ehiosu Oviawe and Mrs. Femi Romiluyi.

Another reason given by the residents for sacking the committee was that its term of office had expired since 30 January. Underneath this was a variety of allegations of misconduct and incompetence, including lack of transparency and accountability, arbitrariness in the increase in power tariff, failure to guarantee adequate water supply and non- provision of befitting children's playground.

At the meeting, the disenchanted residents also sacked IG4 Power Limited, an electricity firm that supplied power to the 1004 Estates. They claimed the company's tariff of N100 per kilowatt was too high. The company, they also alleged, is owned by one Mr. Owumi Ikomi, a tenant on the estate.

The meeting, co-chaired by Mr. Soetan, also resolved to dissolve the 1004 Estates  Board Of Trust (BOT) headed by Chief Dele Ogedengbe. It directed members of the  Board to immediately vacate office. The residents replaced the sacked Management Committee with an eight-member caretaker committee, which will be in office for 60 days pending the constitution of a new Management Committee.

Before the disputed takeover by of the 1004 Estates by HORA and 1G4 Power Limited, the residential facility was managed by 1004 Estates Limited, which redeveloped it.

However,  a January 2016  Lagos High Court order returned the management of the Estate to 1004 Estates Limited. But the order was disobeyed by the ousted Management Committee, with one of the outcomes being the poor supply of electricity to the estate by IG4 Power Limited.

An overwhelming majority of the residents at the meeting insisted the estate was better managed under 1004 Estate Limited before the takeover by the sacked Management Committee.

1004 Estates

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