N29bn debt: AMCON takes over Omokore’s company, Cedar Oil & Gas – Daily Trust

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N29bn debt: AMCON takes over Omokore’s company, Cedar Oil & Gas

Hon. Justice C.J. Aneke of the Federal High Court Lagos Division has granted an injunction against Cedar Oil & Gas Exploration and Production Limited on the application of Asset Management Corporation of Nigeria .

 

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29bn debt: AMCON takes over Omokore’s company, Cedar Oil & Gas – Daily TrustHon. Justice C.J. Aneke of the Federal High Court Lagos Division has granted an injunction against Cedar Oil & Gas Exploration and Production Limited on the application of Asset Management Corporation of Nigeria (AMCON). The order therefore mandates AMCON to take over the assets of the firms over an indebtedness of ₦29billion.ADVERTISEMENT “In compliance with …
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