An engineering and environmental consultancy, GON-SETEC Nigeria Limited, has threatened legal action against Fidelity Bank Plc over an alleged wrongful termination of its professional engagement involving wastewater regulatory compliance at the bank’s Lagos headquarters.
The consultancy, through its lawyers, Kola Kuforiji Law Office, made the demand in a July 20, 2026 letter addressed to the managing director of Fidelity Bank, seeking ₦150 million over the alleged breach of contract and other claims arising from the termination of the engagement.
According to the letter, Fidelity Bank retained GON-SETEC on May 6 to urgently intervene in a regulatory compliance matter after the Lagos State Wastewater Management Office issued a 72-hour abatement notice concerning the bank’s head office on Kofo Abayomi Street, Victoria Island.
The consultancy was reportedly engaged to assess the regulatory notice, advise the bank on compliance requirements, engage with the state wastewater management authorities and negotiate measures to prevent possible enforcement action.
The solicitors said GON-SETEC responded by deploying engineers, environmental consultants and regulatory experts to conduct technical assessments and engage officials of the wastewater management office over the matter.
They claimed the consultancy subsequently secured a two-week extension from the regulator, which they said helped shield the bank from possible prosecution, sanctions and potential closure of its facilities.
However, the lawyers alleged that after GON-SETEC completed its initial intervention, Fidelity Bank terminated the engagement and transferred the project to another contractor.
The law firm described the alleged action as a breach of contract, wrongful termination, unjust enrichment and loss of business opportunity, arguing that the bank benefited from the consultancy’s work before handing the assignment to another firm.
The ₦150 million demand reportedly includes fees and expenses allegedly incurred by GON-SETEC, as well as ₦80 million in damages for breach of contract, wrongful termination and loss of anticipated profits. The lawyers gave the bank 14 days to settle the claim, warning that failure to do so would result in legal action seeking damages, interest, legal costs and other reliefs. Fidelity Bank had not publicly responded to the allegations as of the time of filing this report.
