₦airaland Forum

The purported publication that Nestoil and Neconde are under Receivership is blatantly false and an attempt to prejudice on going pending suit between First Bank Trustees and FBNQuest Merchant against Nestoil and others.

It is pertinent to note that an ex-parte application by plaintiffs for judicial recognition of their purported Receiver manager was refused. Further more all issues requesting Judicial recognition in the substantive suit by the plaintiffs on behalf of the secondary lender Banks led by First Bank are still pending for hearing at the Federal High Court Ikoyi Lagos.

Consequently any publication that Nestoil and Neconde are under Receivership is totally false ,prejucial and contempt of court.

An inchoate Receiver Manager appointment with out recognition by the court as in this case has no powers to seize the defendants assets including freezing of its accounts and that of its Directors.

The plaintiffs and its purported Receiver manager can not blow hot and cold at the same time.Nigeria law forbids self help.

The plaintiffs having gone to court,they should as lawful citizens await final determination of their suits for judicial recognition of the Receiver ship amongst other reliefs.

Nwaikpe:
The question we want a solution to is this:

How did our federal government secure the release of izlamic terrorist without any arrest or obliteration of the e n e my?

Burob:
Obi Jackson na strong man.

Burob:
Obi Jackson na strong man.

Nwaikpe:
Which Obi is that?

Is it Peter Obi (SAAW, PBUH)?

Wickedtruths:
Is he owing?
Yes or no.

Is he able to pay?
Yes or no.

Obijackson is not stronger than Oba Otudeko. That one sold his flower mills to pay debt.

Obijackson needs to be smart and not use sentiments in this matter.

Omihanifa:
Otedola won't let them go without paying their debt

Burob:
Yes he is owing, definitely Oga can pay, payment will be restructured, not al this noise making.

Ewedegubbler:
Otedola couldn’t pay his 12b debt and was about to be vanquished by the banks before Goodluck rescued him and instructed AMCON To write off his debt.

We know the story.

Nwaikpe:
The question we want a solution to is this:

How did our federal government secure the release of izlamic terrorist without any arrest or obliteration of the e n e m y?

Dear Nigerians, take note that those izlamic terrrorists, have become billions of naira richer.

ccollins:
If nestoil is trying to clean up their injured image. They need to reconcile and settle their records with the bank. They are owing money and should ensure that they work hard to repay their debts

Burob:
Wailer please get this nonsense out of here, this is the business section, not the politics section.

Wickedtruths:
He can pay, why hasn't he paid?
Or is the due date not lapsed?

Let him pay instead of dying his beards black.

Wealthoptulent:
WHICH ONE BE nestoil AGAIN BAYI.. Some names wey no common but they MOVE BIG STASH for hat company

Burob:
Obi Jackson na strong man.

DeLaRue:
Ok o.

This is the sort of attitude that got another man into trouble in the court recently.

You have started pushing Mr Jackson too

Tjra:
Most Nigerian businessmen are crooks and lack character.

Take loans, refuse to pay then look for judges to free you.

It's the Banks I blame anyway. Giving out loans without doing due diligence.

Wickedtruths:
Is he owing?
Yes or no.

Is he able to pay?
Yes or no.

Obijackson is not stronger than Oba Otudeko. That one sold his flower mills to pay debt.

Obijackson needs to be smart and not use sentiments in this matter. Otedola that eased out the MD and key management staff? Dey play.
Otedola will collect every penny.

Tjra:
Most Nigerian businessmen are crooks and lack character.

Take loans, refuse to pay then look for judges to free you.

It's the Banks I blame anyway. Giving out loans without doing due diligence.

Jomonix:
I recall the case of Innoson and GTB.

Tjra:
Most Nigerian businessmen are crooks and lack character.

Take loans, refuse to pay then look for judges to free you.

It's the Banks I blame anyway. Giving out loans without doing due diligence.

BeautifulMind2:
Otedola is an envious crook, he tried the same strategy to take over Transcorp Elumelu placed him where he belong, they claimed that Nestoil is owing them billion dollars and he refused to allow international auditors to audit the account statement, I don't think you know who Obijackson is