Oil Firm Asks Court To Shut Akwa Ibom APC Governorship Candidate, Udofia’s Company Over Alleged N200m, $243,606 DebtsThe respondent has failed to pay the debts of N200million and $243,606.50, weeks after the delivery of a statutory demand notice.
“Upon a winding up, the petitioner/creditor of the respondent would derive the benefit arising from a thorough tracing, collection and gathering of the respondent's assets which will be applied by the Liquidator for the settlement of the Respondent's debt. “In the circumstances, the petitioner believes that it is just and equitable to wind up the respondent for its inability to pay its debts,” the court document read.
The petitioner said it specialises in providing diving, vessel leasing, sub-sea and construction support, as well as maintenance and repair of offshore facilities.He said Saidel Limited approached it for offshore diving works for the Southern Swamp Sales Gas Evacuation Pipeline Project sometime in 2018, following which an agreement was reached and executed on July 17, 2018.
This is humiliation & I believe he will realize this oppression is not good
Little wonder why they rig
Sahara reporters is the most useless media in Nigeria.
He wants to use state money to pay debts, when he wins. Wicked people.
Dear PeterObi , one of ur mobilizers & ur die hard in the North JamiluSufi has been illegally arrested & jailed on orders of Mr Ifeanyi. This is what he got for supporting u. Yet neither u nor ur followers talks about it & I’m sure it won’t be the same if it was P-square.