The Assets Management Corporation of Nigeria (AMCON) has published the names of the top 20 debtors in Nigeria.
Yaahoo Journalist reports that AMCON noted that the “delinquent debtors”, owe 67% of the N5 trillion debt.
The list shows that Sen. Ifeanyi Ubah, who owner of Capital Oil $ Gas, owes a whopping N115 billion, while Jimoh Ibrahim, owner NICON Investments, is the second on the list with N59 billion, followed by Mr. Wale Babalakin who owes over N53 billion.
Below is the list of the top 20 debtors.
S/N Obligor Name Main Promoter(s) Current Exposure.
- Capital Oil & Gas Industries Limited –
Ifeanyi Ubah – N115,952,152,265.92.
- NICON Investments Limited –
Jimoh Ibrahim – N59,544,633,980.31.
- Bi-Courtney Limited (MMA2) –
Wale Babalakin (SAN) – N40,798,422,374.02
- Josepdam & Sons Limited –
Late Mrs. Josephine Damilola Kuteyi, Saheed Kuteyi, Ganiyu Kuteyi – N39,056,674,951.55.
- Tinapa Business Resort –
Cross River State Government N36,006,319,844.68.
- Home Trust Savings-
Chukwukadibia Ajaegbu, Funmu Ademosun- N30,626,243,344.71.
- Geometric Power Limited –
Prof. Barth Nnaji, Nnaji Agatha, Obibuaru Eluma, Anike Paul, Nwobodo Benjamin, Chukwuemeka
Dozie Chijioke
Akpe Austine
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Nnaji Okechukwu
UBA Trustees Limited
Kunoch Limited
Diamond Capital & Financial Market Limited N29,844,500,896.77.
- Roygate Properties Limited –
Wale Babalakin (SAN), Agumadu John, Alarape Olabode, Okpaleke Ndudi N28,137,176,532.32.
- Shell Development Petroleum Company – West Multipurpose Co-operative Society Limited (SPDC) Shell Staff, represented by Ikponmwosa Ogiemuda N26,474,541,188.17
- Anyiam Osigwe Limited Anyiam-Osigwe Dorothy Chinyere N20,523,322,350.29.
- Platinum Capital Obire RichardFrancis Atuche 20,378,820,507.19
- Flotsome Investment Limited Oboden IbruTejiro Ibru 20,218,703,550.96
13 Lonestar Drilling Late Chief IdisiMargaret Idisi 20,207,979,803.22
14 Petrologistics Limited Ugoji Egbujo 19,576,962,565.35
15 Lorna Global Resources H.E. Chimaroke Nnamami 18,919,109,352.85
16 Hosanna Properties Limited Anionye ChikaObi Ike C. 18,059,895,396.27
17 Minaj Holdings Limited Ajegbo Mike Nnayeluchudihu Luke Chidi, Chudihuilogu Miller Gregrey, Ethridge Kyle
Attueyi Joe, Oladele Afolabi, Okpere Kisito
Kokoricha Paul N17,306,900,257.66
18 Afrijet Airlines Limited Inoelle Willam BarryCarr Collin 13,122,022,439.57
19 Petroleum Brokers Limited Wilcox Awopuolagha 13,076,314,937.26
20 Hotel De Island; Kasmal Properties; Island Autos & Nacoil Kashamu Prince Buruji 13,015,595,907.67
On the other hand, Yemi Osinbajo, Nigeria’s Vice President, has charged the four main anti-graft agencies to monitor the top 20 debtors on the list.
