celebrity radar - gossips

Greenville LNG, top gas company notorious for breaching contracts, risks another multi-million dollar lawsuit(Docs)

Published

3 years ago

November 30, 2022

Greenville LNG, top gas company notorious for breaching contracts, risks another multi-million dollar lawsuit

Two years after it was slammed with a $9m claim for breaching contract by a US Court, Greenville LNG company is on the brink of another lawsuit in its supply dealings with Nigerian-based manufacturing giant, BUA Group.

Owned by Eddy Van Den Broeke, a Belgian cement magnate, Greenville is the pioneer Liquefied Natural Gas (LNG) production and distribution company in Nigeria with three liquefaction trains and a total capacity to produce 2250 MT of LNG per day.

The company, which was incorporated in 2013, prides itself for producing and marketing Liquefied Natural Gas to customers across Nigeria since April 2019.

It should be noted that the company is a Nigerian subsidiary of the International Engineering & Construction (IEC), a Luxembourg-based construction company.

However, in 2018, there are reports of how Broeke was struggling to get his LNG project off the ground in Nigeria and also facing a $9m claim from his subcontractor Baker Hughes.

*How it started*

In 2014, IEC through Greenville LNG entered into an agreement with Baker Hughes Energy Services LLC, formerly known as GE Oil & Gas (GEOG), for the purchase and installation of two small-scale liquified natural gas plants in Rumuji, Rivers State, Nigeria.

According to the documents obtained by POLITICS NIGERIA, GEOG agreed to supply IEC with two small-scale liquified natural gas production plants — the first by June 24, 2015, and the second by September 24, 2015— for use at the Rumuji Site.

In exchange, IEC agreed to pay GEOG $95 million. Both parties also agreed on a payment schedule, which would require IEC to pay various percentages of the $95 million at specific milestones.

It was stated that the agreement would be governed by and construed in accordance with the laws of the state of New York.

Unfortunately, GEOG failed to deliver the gas plants by their contractual delivery deadlines and this stalled installation, commissioning, and start-up of the Plants.

*Arbitration*

On July 31, 2018, IEC filed a Notice of Demand for and Commencement of Arbitration under the Contracts on behalf of itself and Greenville.

IEC initially sought approximately $75 million in damages but its demand increased to $700 million by the end of the arbitration.

The $700m claims included the liquidated damages for delayed delivery and damages associated with the delayed entry into operation of the gas plants.

But GEOG also filed counterclaims against IEC for breach of the contracts, asking for damages up to $40.1 million.

In 2020, the American Tribunal gave its verdict, ordering IEC and Greenville to pay GEOG over $9.5m for breaching contracts.

The Tribunal held that IEC had breached the Equipment Contract by failing to make two Milestone payments.

Dissatisfied with the judgement, On January 27, 2021, IEC filed a petition to vacate the Award in New York state court but the court rejected IEC’s arguments.

“In short, due to the strong deference owed to the decisions of arbitrators, the Court is compelled to reject IEC’s arguments and confirm the Award,” the court ruled.

*Poor Ethics/Underhand Business Practices*

It is believed that the posture of the company and record of breaching contract is owing to its owner’s secretive and shady business activities. Prior to setting up Greenville, Eddy Van Den Broeke ran ASCA bitumen from 1996 and grew the company into becoming a giant monopoly with over 90% of the Nigerian market by 2015.

Through this position, he was famed to hold everyone to ransom through alleged arbitrary price increases, artificial scarcity, amongst others. Eddy Broeke’s families were one of six of Belgium’s wealthiest families that featured on the Panama Papers, a cross-border investigation that revealed a list of thousands of people who channelled funds to tax havens.

“The family of Eddy Van Den Broeke, who turned the Eres company into an international player, is also mentioned. Eddy Van Den Broeke is identified as the sole beneficiary of at least five offshore companies in the BVI,” the ICIJ report read.

Eddy was named in the Panama Papers having had an extensive network of shell companies to hide his funds and avoid government oversight.

*Another multi-million dollar breach of contract suit looming*

Our investigations also revealed that recently, BUA, which is one of Greenville’s largest clients, is set to allegedly sue Greenville for 50 billion Naira for a possible breach in contract and reneging on its obligation to supply gas to its businesses in the far north.

According to sources, this dispute is as a result of Greenville LNG reneging on their contract with BUA to supply gas and also increasing prices arbitrarily despite the contractually agreed oil-indexed pricing for any changes in price.

Industry watchers have claimed that Greenville is trying to take advantage of its near monopoly in the domestic trucked LNG market hence their habit of entering into contracts and reneging on it after starting.

With Eddy and his companies’ history of reneging on contracts entered into with the Federal Government, partners, suppliers, communities and clients, it is unlikely that Greenville LNG or its billionaire owner Eddy and Managing Director Ritu Sahajwalla would stop such behaviour anytime soon.

Experts familiar with BUA’s history of ensuring its rights are enforced, believe BUA will pursue this issue to a logical conclusion at the courts and till their rights are enforced.

Original-pdf-iec-and-greenville-v-baker-hughes-and-others-icdr-case-no-01-18-0002-9174-petition-to-confirm-arbitral-award

celebrity radar - gossips

Beauty Meets Glamour as Olaide Ogunyemi Opens New Studio in Mushin

Published

3 days ago

April 5, 2026

Sahara Weekly

Beauty Meets Glamour as Olaide Ogunyemi Opens New Studio in Mushin

Popular Nollywood actress and professional makeup artiste, Olaide Ogunyemi Oluwayemisi aka Damilola, has expanded her footprint in the beauty industry with the grand opening of her new makeup studio in Lagos.

The talented thespian, who is also the Chief Executive Officer of @Dobc_makeovers_andmore, officially unveiled the ultra-modern beauty space last Thursday, April 2, 2026, in a colourful ceremony filled with glamour, fashion, and pageantry.

Strategically located at 101 Palm Avenue, right beside FitPlus and Sparklight Hospital in Mushin area of Lagos, the new studio is designed to offer top-notch beauty services, reflecting Ogunyemi’s commitment to excellence and professionalism in the ever-growing makeup industry.

The opening ceremony attracted friends, colleagues from the Nollywood industry, beauty enthusiasts, and well-wishers who came out in large numbers to celebrate the entrepreneur’s latest milestone. Guests were treated to a vibrant atmosphere that showcased creativity, style, and the evolving standards of the beauty business in Lagos.

Speaking at the event, Ogunyemi expressed her excitement and gratitude, noting that the new studio represents years of hard work, dedication, and passion for her craft. She reaffirmed her commitment to delivering premium beauty services while empowering aspiring makeup artistes.

The launch of the studio further cements her reputation as a dynamic force, successfully blending her career in Nollywood with a thriving beauty brand.

With this latest development, Olaide Damilola Ogunyemi continues to inspire many young entrepreneurs, proving that talent, consistency, and vision remain key drivers of success in Nigeria’s creative and business landscape.

celebrity radar - gossips

Daniel Eromosele Eulogize Adams Oshiomole as he turns 74 years

Published

4 days ago

April 4, 2026

Sahara Weekly

Daniel Eromosele Eulogize Adams Oshiomole as he turns 74 years

Today, I celebrate an exceptional leader, a fearless voice for the people, and a man whose life has remained a symbol of courage, sacrifice, and unwavering commitment to justice—Distinguished Comrade Senator Adams Aliu Oshiomhole.

Your journey has been nothing short of inspiring. From your days as a vibrant labour leader to your impactful tenure as the Executive Governor of Edo State, and now as a respected Senator of the Federal Republic, you have consistently demonstrated what it means to serve with integrity, strength, and purpose. Your contributions to the growth of our nation and the development of Edo State remain indelible and deeply appreciated.

You have not only built structures and institutions but have also built people. I am personally a beneficiary of your leadership, your guidance, and your belief in empowering others. Your influence in my life has been profound, and I remain grateful for the opportunities and inspiration you have given me.

On this special day, I celebrate not just your achievements, but the man you are—resilient, principled, and ever committed to the progress of Nigeria and her people.

May this new year bring you renewed strength, greater wisdom, good health, and more remarkable accomplishments. May your legacy continue to shine brighter with each passing year.

Happy Birthday, sir. Wishing you many more fruitful and impactful years ahead.

celebrity radar - gossips

Accolades to Empress Genevieve Wining as she Celebrate birthday in Grand style

Published

4 days ago

April 4, 2026

Sahara Weekly

Accolades to Empress Genevieve Wining as she Celebrate birthday in Grand style

Emmanuel Clement

Vilnius, Lithuania – The Grand Hotel Vilnius will host a grand birthday celebration in honor of Her Majesty The Empress Genevieve Wining of the United Kingdom of Atlantis (UKA) on April 4th, 2026.

The four-day event promises to be an extravagant affair, marking the special birthday of Empress Genevieve Wining. The celebration will take place at the prestigious Grand Hotel Vilnius, Lithuania, renowned for its luxurious ambiance and exceptional service.

According to the event flyer, the birthday celebration will be a spectacular occasion, fitting for an empress. Guests can expect an elegant setting adorned with golden accents, sparkling champagne, and festive decorations, creating a regal atmosphere befitting the occasion.

The Empress Genevieve Wining of UKA is expected to grace the event, which will include various festivities and celebrations in her honor. The occasion aims to bring together dignitaries, followers, and guests to commemorate the empress’s birthday with grandeur and joy.

For media inquiries, accreditation, or further information about the birthday celebration of The Empress Genevieve Wining of UKA, please contact the event organizers.

Courtesy of His Excellency Emperor Prof. Solomon Wining. UKA