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Nairaland Forum / Nairaland / General / Business / Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt (30904 Views)
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Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by ijustdey: 6:02pm On Jan 08, 2021 |
The bank says the company reneged on its promise to sell the hotel and pay the N5 billion debt on or before December 31, 2019. By Ade Adesomoju https://www.premiumtimesng.com/news/top-news/435422-court-orders-sale-of-obat-oils-hotel-to-offset-n5-billion-debt.html
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Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by merits(m): 6:05pm On Jan 08, 2021 |
ijustdey:Life is full of up and down.learn to stay strong man. First to comment I don't believe this. 5 Likes 1 Share
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Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by inoki247: 6:05pm On Jan 08, 2021 |
maybe when Nigeria no fit pay back Chinese loan na so Court go say mak dem sell the country. 37 Likes |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by naijadrivablog: 6:05pm On Jan 08, 2021 |
Amcon ti take over 1 Like 1 Share |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by NwaNimo1(m): 6:05pm On Jan 08, 2021 |
N5 Billion debt? [img]https://media./images/ac5ecb53eda4d3011be648f4873987ac/tenor.gif[/img] In the current climate the hotel no go fetch N1 Billion. Nnewi man go soon own am! 65 Likes 2 Shares |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by ednut1(m): 6:06pm On Jan 08, 2021 |
The rich keep scamming the banks. No one will buy the hotel. He will get it back last last 22 Likes 2 Shares |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by NORSIYK(m): 6:06pm On Jan 08, 2021 |
Oba sef is owing 2 Likes |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by sammysmiles(m): 6:07pm On Jan 08, 2021 |
₦5bn...That's huge debt... 2 Likes |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by oka4ugoo: 6:07pm On Jan 08, 2021 |
When you see them flex you go think say dem gather but when you come closer you go understand na bank money dey float them. Lesson Slow and steady you go get there but when you enter a deal for quick and fast money come borrow money to make a huge profit it usually end in premium regret. 14 Likes 3 Shares |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by Kobicove(m): 6:08pm On Jan 08, 2021 |
The rich also cry 1 Like |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by SocialJustice: 6:09pm On Jan 08, 2021 |
Nigerian big men and fake wealth. Either they became rich through loan they refused to repay or economic sabotage. No brain to actually innovate to create sustainable wealth. 44 Likes 2 Shares |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by Otunbaigwe(m): 6:09pm On Jan 08, 2021 |
Most of the big men in Nigeria rely on loan to survive. who would ever thought a man who was recognised as the richest king in Nigeria could be owing such amounts of money. pls they should quickly remove that title of the richest king from him Jare. Richest king wey dey owe bank money. mtchew 27 Likes 3 Shares |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by rottable(m): 6:09pm On Jan 08, 2021 |
For a common businessman to get a loan of 1million na war 32 Likes 3 Shares |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by dantajay: 6:10pm On Jan 08, 2021 |
Ok |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by Beverlyjean(f): 6:10pm On Jan 08, 2021 |
Oil and gas business...very dicey 3 Likes |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by Odkosh: 6:11pm On Jan 08, 2021 |
NwaNimo1:No nnewi man get 2billion, stop your lies 17 Likes 3 Shares |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by michlins(m): 6:12pm On Jan 08, 2021 |
All these banks and there love for dashing money around. Many SME are in dire need of funding but they will gladly give the money to someone who wants to flex his concubines and buy more cars for his convoys 23 Likes 2 Shares |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by H2ho(m): 6:12pm On Jan 08, 2021 |
Smh |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by kalu61(m): 6:15pm On Jan 08, 2021 |
Nigeria one day to China |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by Nobody: 6:17pm On Jan 08, 2021 |
Odkosh:uba no get pass 2billion naira? or innosson is not worth more than 2bili? you no just get brain ewu 25 Likes |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by Vatod(m): 6:17pm On Jan 08, 2021 |
SocialJustice:The fact is that, No business can survive in this country! Without your hand getting dirty! Aside from online business 6 Likes 1 Share |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by Nobody: 6:17pm On Jan 08, 2021 |
And I dey look for #500k to take hire shop and start my own business I no banks no dey give real investors loan.E fit be say the oba know the bank md that is why them dash am the money. 2 Likes |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by oluwaseyi0: 6:17pm On Jan 08, 2021 |
Those banks deserve what they're getting, if it's one average businessman they will refuse to borrow out 1million without a collateral of like value 9 Likes 1 Share |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by fredoooooo: 6:18pm On Jan 08, 2021 |
Gbese .. |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by damoceile: 6:19pm On Jan 08, 2021 |
This is how Nigeria would eventually be sold and shared among the countries we are owing |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by iamyemiakins(m): 6:22pm On Jan 08, 2021 |
This one is strong! 1 Like |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by ekaette1621: 6:23pm On Jan 08, 2021 |
A Northerner from Kastina once told Nigerians that petrol will be sold at N45 per liter. He also said that $1 will be equal to N1. I did not mention anybody's name but we all know the name of this magician called . . . . . . . . . . . . . . . . . . . |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by Reference(m): 6:24pm On Jan 08, 2021 |
..China is watching with keen interest...meanwhile if the case is overturned by a higher court Ecobank will just print posters and the boys from Kaduna will settle the matter. 2 Likes |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by sapientia(m): 6:27pm On Jan 08, 2021 |
See madness You are owing You have agreed that the hotel could be sold. Why not join the third party to the suit if you feel it's a scam. Clowns. 1 Like |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by SocialJustice: 6:29pm On Jan 08, 2021 |
Vatod:The one surviving on its own at some point gets destroyed by government directly or indirectly. 6 Likes 1 Share |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by Nobody: 6:29pm On Jan 08, 2021 |
Nigerian billionaires sef Nigerian banks should also try to lend money to upcoming entrepreneurs and hardworking youths just as they dash money to thieving businessmen and politicians. 4 Likes |
Re: Court Orders Sale Of Obat Oil’s Hotel To Offset N5 Billion Debt by 12345baba(m): 6:34pm On Jan 08, 2021 |
NwaNimo1:e go fetch that location were e dey na better location 2 Likes |
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