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Petroleum Company

Oil firm, directors dragged to court over N1.4billion debt

crude oil

Unless a Federal High Court, Ikoyi, Lagos decides otherwise, a Petroleum Company, Titanium Oil and Energy Limited, may pay a debt of N1,472,621,811.25 owed Asset Management Corporation of Nigeria (AMCON). Joined as co -defendants are three Directors of the company, namely: Patrick Acholonu, Chief Ralph Ekezie, Steve Chidi -Agbarakwe, and two other persons alleged to […]