38-year-old businessman attempts suicide in Bayelsa over N11million debt

A 38 years old businessman, Mr. Teidei Simon Oze, on Sunday threw his workers and business associates into apprehension over his failed attempt to commit suicide over alleged pressure for him to pay up N11million debt owed a former local government chairman in the state.

Oze, who is an indigene of Southern Ijaw local government area and owned a Filling station and a gas station along the Ammassoma road, was rescued from the suicide road by one of his workers who over heard him grappling with his last breath during the suicide attempt.

Our correspondent gathered that the businessman was later rushed to an undisclosed hospital in the state and the incident is yet to be incidented with the state command of the Nigerian Police.

A family source confirmed that the workers and associates were shocked at the report of Teidei Simon Oze suicide attempt.

While some attributed the suicide attempt to desperation and pressure from those he owed money, others claimed the December 31st deadline take-over plan of his two companies handed to him by those he owed including the Former Nembe local government council chairman may have pushed him into the suicide attempt.

It was gathered that Oze, who showed signs of apprehension over his inability to meet the 31st December 2019, for the payment of about N7.6million amount purportedly remaining, took the extreme action out with suicide. But the attempt failed and he was rescued.

A family source claimed the troubled Oze, after his rescue, was quoted as saying, “out of eleven million naira which I borrowed, to pay seventeen million Naira, a deal with interest of seven million Naira to be paid”.

“The seven million Naira interest had been paid and the 3.4m of the 11m capital also paid but given a mandate to pay all seven million, six hundred thousand naira (7.6m) before the 31 of December this year is worth taking one’s live,” he added.

Another family source was also quoted that the embattled Teidei Simon Oze had claimed that a popular Miracle Church in Warri Delta State on the 17 th of December 2017, had promised to assist him some huge amount of money allegedly put together by its congregation but such pledge had not been fulfilled.

The former Bayelsa Local Government Chairman, names withheld, told newsmen under condition of anonymity, described the attempted suicide by his business associate as “extreme action.”

He confirmed the debt being owed by the troubled Teidei Simon Oze , insisting that “Ask him to show you the agreement and you will see that it has expired since 2 years ago. Someone like him did similar thing in the past, collected money with a petrol station along AIT Elebele road as a collateral and when couldn’t pay left the patrol station”.

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