ADVERTISEMENT
Thursday, June 11, 2026
Tech | Business | Economy
No Result
View All Result
  • Technology
    • Trends
    • Telecoms
      • Broadband
    • ConsumerTech
      • Gadgets and Appliances
      • Apps
      • Accessories
      • Reviews
      • Unboxing
    • EnterpriseTECH
    • Security & Data Protection
    • How To
  • Business
    • Company News
    • StartUPs
      • Founder’s Story
      • Funding
    • Deals
    • People & Moves
    • SME & Entrepreneur Focus
    • BUSINESS SENSE FOR SMEs
    • Competition & Market Positioning
    • Commerce & Mobility
    • Travel
    • WomenPreneurs
  • Economy
    • Macroeconomic Trends
      • Macro Monday
      • TE Insights
    • Finance
      • Banks
      • Fintech
      • Insurance
      • Digital Assets
      • Personal Finance
    • Policies
      • Tech & Society
    • Market Analysis
    • Jobs & Workforce Economy
  • Features
    • Guest Writer
      • Chidiverse
      • Digital Assets
      • GameTech
    • EventDIARY
    • IndustryINFLUENCERS
    • MarkTECH
    • TBS
    • NewsEXTRA
  • Editorial
  • Brand Content
  • TECHECONOMY TV
Thursday, June 11, 2026
Tech | Business | Economy
No Result
View All Result
Tech | Business | Economy
No Result
View All Result

Home » Pan African Towers Accused of Using Technicalities to Delay Severance Dispute with Former CEO

Pan African Towers Accused of Using Technicalities to Delay Severance Dispute with Former CEO

Staff Writer by Staff Writer
May 22, 2026
in Tech & Society
Reading Time: 2 mins read
0
Pan African Towers | Azeez Amida

Pan African Towers

The legal dispute between former Pan African Towers Limigted and its former CEO, Azeez Amida, has taken a new turn, with questions emerging over delays in the resolution of the matter.

According to court filings, severance obligations owed to Amida under a Mutual Separation Agreement reached after his exit from the company in November 2024 remain unsettled nearly 18 months later.

Despite the fact that the matter commenced before the National Industrial Court since June 2025, Pan African Towers has reportedly not filed a substantive defence to indicate its refusal to fulfil the obligations in dispute.

Instead, the company has pursued a preliminary objection on ground that Hamida did not comply with mandatory provision for mediation and alternatively pursue his remedy through arbitration rather than litigation.

The matter came before Honourable Justice Essien of the National Industrial Court, Lagos Division, on Tuesday, where counsel for Pan African Towers, Mr. Mofesomo Tayo-Oyetibo with Chukwudi Nwudike and Amira Omodu urged the Court to decline jurisdiction pursuant to Clause 13A and or refere the matter to arbitration vide 13B of the Mutual Separation Agreement.

Subscribe to our Telegram channel for the latest updates.

Follow the latest developments with instant alerts on breaking news, top stories, and trending headlines.

Join Channel

Counsel representing Amida from Pinheiro LP, Bolu Agbaje Akadri, leading Emeka Ekweozor and Ukamaka Ali opposed the application, arguing that multiple attempts had previously been made to resolve the matter, including formal demands for performance under the agreement, before the suit was filed.

During proceedings, the Court reportedly queried the absence of a substantive defence alongside the preliminary objection, describing the approach as procedurally improper before electing to hear the application.

It is Amida’s position that attempt was made in line with the Mutual Separation Agreement to have the matter resolved amicably with no success whilst reliance on arbitration which is optional under the agreement at this stage appears inconsistent with prior conduct, noting that no meaningful steps had allegedly been taken to initiate arbitration proceedings before the matter was brought before the Court.

“The substance of the dispute remains unanswered,” Amida’s states. “The concern is whether procedural manoeuvres are being deployed to postpone accountability rather than resolve the issues in contention.”

The Court has now adjourned the matter to 6 July 2026 for ruling on the preliminary objection.

The dispute is attracting increasing attention within legal, business, and corporate governance circles due to its potential implications for executive separation agreements, contractual enforcement, and dispute resolution mechanisms within Nigeria’s corporate environment.

Observers note that the eventual outcome could influence how arbitration clauses, executive transition obligations, and post transaction disputes are approached in future corporate matters.

The matter remains before the Court.

0Shares
Previous Post

NSITF: 7.6 million Enrolled Into Employees Compensation Scheme

Next Post

Lenovo Revenue Jumps 27% as PC Sales Surge Despite Global Memory Chip Shortage

Staff Writer

Staff Writer

Related Posts

SEDC responds to Senate | Mark Okoye vs Orji Uzor Kalu

SEDC Pushes Back on Senate Scrutiny, Says ₦153m Abuja Office Covers 16 Months of Operations, Not a Single Room

June 10, 2026
NITDA, NISO Begin Talks on Digital Transformation Drive in Nigeria’s Power Sector

NITDA, NISO Begin Talks on Digital Transformation Drive in Nigeria’s Power Sector

June 10, 2026

Every Hour in the First Half of 2025, Roughly 1,700 Videos Posted by Nigerians Disappeared from TikTok

June 9, 2026
Load More
Next Post
Lenovo quarterly revenue growth

Lenovo Revenue Jumps 27% as PC Sales Surge Despite Global Memory Chip Shortage

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast
Techeconomy Podcast

The Techeconomy Podcast is a thought-leadership show exploring the powerful intersection of technology, business, and the economy, with a strong focus on Africa’s fast-evolving digital landscape.

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
byTecheconomy

Africa’s innovation ecosystem is evolving, but where will the funding for the next generation of startups come from?

In this edition of the Techeconomy Business Series (TBS) May 2026, industry experts explore how local capital, venture debt, and smarter investment structures are redefining startup growth and innovation across Africa.

🎙️ Featured Speakers:

* Ebunoluwa Ashley-Dejo

* Damilare Davola

* Success Ajilore (STN & Accelerated Plus)

Key conversations in this webinar include:

✔️ The future of startup financing in Africa

✔️ Venture debt and alternative funding models

✔️ The role of local investors in scaling innovation

✔️ Sustainable investment strategies for African startups

✔️ Opportunities and challenges in the African tech ecosystem

Subscribe for more conversations shaping Africa’s digital economy and innovation landscape.

#TBS2026 #AfricanInnovation #VentureDebt #StartupFinance #TechInAfrica #Techeconomy #AfricanStartups #InnovationEconomy

Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
Financing the Future: Venture Debt, Local Capital & African Innovation | TBS May 2026 Webinar
May 27, 2026
Techeconomy
PROTECTING INNOVATION IN AFRICA’S STARTUP ECOSYSTEM
April 29, 2026
Techeconomy
BUILDING TRUST IN AFRICA ECOSYSTEM
February 27, 2026
Techeconomy
Navigating a Career in Tech Sales
January 29, 2026
Techeconomy
How Technology is Transforming Education, Health, and Business
November 27, 2025
Techeconomy
Search Results placeholder
MTN Live It 100 Thematic Campaign
ADVERTISEMENT
  • About Us
  • Careers
  • Contact Us
  • Privacy Policy

© 2026 TECHECONOMY.

No Result
View All Result
  • Technology
  • Business
  • Economy
  • Features
  • Editorial
  • Brand Content
  • TECHECONOMY TV

© 2026 TECHECONOMY.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.