The Chief Executive Officer of TEBAMS Gases and Allied Products Ltd, Taiwo Aremu, has accused a Chinese company, Sheng Xin Industrial Co. Ltd, of masterminding the demolition of his gas plant along the Lagos–Ibadan Expressway in Ogun State.
Aremu said the demolition, allegedly carried out by the Ogun State Task Force, destroyed factory buildings, machines, and structures worth over ₦1bn between September 27 and 29, 2025.
He claimed the Chinese firm had harassed his company for months over a land dispute despite TEBAMS’ lawful acquisition and documentation. Aremu further alleged that the Ologere of Ogere, Oba James Saliu, aided the Chinese company in reselling the land.
However, the monarch and the Chinese firm denied the allegations, insisting they possess valid ownership documents, including a Certificate of Occupancy and a demolition permit from the state authorities.
The Asorogbe family, from whom Aremu said he bought the land, backed his claim, describing the king’s sale to the Chinese firm as illegal.
Aremu, who said he lost his retirement investment in the project, petitioned Governor Dapo Abiodun and the Attorney-General, urging the government to unseal his factory and order compensation.
Meanwhile, the Ogun State Government said only valid land titles would determine rightful ownership.
