List of AMCON’s Top 105 Debtors

Proshare

Wednesday, October 24, 2018 / 02:13 PM / TheCable

 

The Asset Management Corporation of Nigeria (AMCON) has decided to publish detailed list of all erring debtors that have failed and or refused to reach settlement resolution with the Corporation.

 

Below is the list of the top 105 AMCON debtors

 

S/N

Obligor Name

Main Promoter(s)

Current Exposure

1

Capital Oil & Gas Industries Limited

Ifeanyi Ubah

115,952,152,265.92

2

NICON Investments Limited

Jimoh Ibrahim

59,544,633,980.31

3

Bi-Courtney Limited (MMA2)

Wale Babalakin (SAN)

40,798,422,374.02

4

Josepdam & Sons Limited

Late Mrs. Josephine Damilola KuteyiSaheed Kuteyi

Ganiyu Kuteyi

39,056,674,951.55

5

Tinapa Business Resort

Cross River State Government

36,006,319,844.68

6

Home Trust Savings

Chukwukadibia AjaegbuFunmu Ademosun

30,626,243,344.71

7

Geometric Power Limited

Prof. Barth NnajiNnaji Agatha

Obibuaru Eluma

Anike Paul

Nwobodo Benjamin Chukwuemeka

Dozie Chijioke

Akpe Austine

Nnaji Okechukwu

UBA Trustees Limited

Kunoch Limited

Diamond Capital & Financial Market Limited

29,844,500,896.77

8

Roygate Properties Limited

Wale Babalakin (SAN)Agumadu John

Alarape Olabode

Okhaleke Ndudi

28,137,176,532.32

9

Shell Development Petroleum Company – West Multipurpose Co-operative Society Limited (SPDC)

Shell Staff, represented by Ikponmwosa Ogbemudia

26,474,541,188.17

10

Anyiam Osigwe Limited

Anyiam-Osigwe Dorothy Chinyere

20,523,322,350.29

11

Platinum Capital

Obire RichardFrancis Atuche

20,378,820,507.19

12

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 NnayeluchudihuLuke Chidi Chudihuilogu

Miller Gregrey

Ethridge Kyle

Attueyi Joe

Oladele Afolabi

Okpere Kisito

Kokoricha Paul

17,306,900,257.66

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

21

Zarm Stores Limited

Gbadamosi Muftau, The Olofa of Offa

12,410,560,226.18

22

Tak Continental Limited

Thomas Akoh Etuh

11,585,755,562.89

23

Netlink Digital Television

Fashewe OyewoleVarderpuije Ahmed

11,550,782,130.79

24

Mobil Workers (EKET) Multipurpose Cooperative Society

Mobil Workers, represented by Okeke Eze (legal practitioner)

11,504,121,133.06

25

DWC Drilling Limited

Etheridge KyleJohn Ayeke

11,363,388,024.05

26

Sammy Beth Interbiz Limited

H.E. Chimaroke Nnamani

11,017,336,899.00

27

Ferdinand Oil Mills

Chief Ferdinand Anyaoha Anghara

10,855,175,005.53

28

Octopus Trust Nigeria Limited

Erastus Akingbola

10,175,717,163.07

29

Avian Spec

Femi JamesFunmi Ayorinde

7,619,760.034.02

30

Brooke Investments Limited

Chief S.I. AdegbiteAdegbite Adewale Michael

Adegbite Ademola Olumide

Sofela Michael Olufemi

7,341,118,227.21

31

Resource Intermediaries Limited

Soji Oyawoye (MD/CEO)Ebun Bamigboye

Weyinmi Jemide

Ido Ohiwere

7,282,308,754.08

32

Jummai Mahmud

Senator Joshua Dariye

6,823,110,429.13

33

Genprogetti Nigeria Limited

Nnamdi O. OkoyeCharles Umeadi

6,637,593,140.34

34

Ray Gold Silver Plus Limited

Oboden IbruTejiro Ibru

6,392,813,914.61

35

Camden Resources Limited

H.E. Chimaroke Nnamani

5,875,022,498.73

36

Riverside Logistics Limited

H.E. Chimaroke Nnamani

5,874,161,281.46

37

Robo Michael Limited

Kassabali Samir IbrahimEgirani Arobo

Egirani Olotu

5,837,512,139.51

38

Lexcap Partners

Albert OkumagbaChibundu Edozie

5,696,111,908.02

39

Osigwe Foods & Agro Industries

Moh’d Anselm KayodeRaji A. Usman

5,648,190,385.41

40

Rangk Limited

Kanu Godwin Ndubuisi

5,390,589,104.93

41

Afro-Arab Investment Limited

Baba-Ahmed MoufitahBaba-Ahmed Muna Beitah

5,340,204,984.21

42

Dormanlong Engineering Limited

Austen Peters

4,700,000,000.00

43

Abasa Nigeria Enterprises Limited NPK1 A

Ezuma Innocent Ozoemena

4,666,999,131.41

44

Lawal Obelawo Plastics Industries Limited (LOPIN)

Prince Lawal Olaosebikan YesufuRamota Lawal

4,361,717,794.63

45

Eres N V (Nig.) Limited

Chief Pius Akinyelure

4,171,546,113.09

46

Al-Kahf Motorcycle Company Limited

Shehu BadamasiSafiya M. Badamasi

4,067,369,214.72

47

Madunka Motorcycle Company Limited

Abdullahi A. HaidoZainab A. Haido

3,561,115,889.09

48

Terminal Zero

Obadina GbengaNiyi Oyedele

3,318,675,426.60

49

Ocean Deep Properties Limited

Ray Nduka J. OkpuRay Ufoma Okpu

3,075,367,362.75

50

Claremount Management Limited

Okobi Paul UcheAkpan Patrick

2,944,490,078,53

51

Ena-Bell Limited

Ojo Osamuede BelleOjo Osamuede Enahoro

2,910,142,971.76

52

Omega Sunshine Ventures Limited

Segun AgbetuyiTolulope O. Fadahunsi

2,763,085,587.14

53

Tuns Farm Nigeria Limited

Olatunde Adekunle BadmusJoseph Zopy

2,738,973,788.06

54

Nakem Oil & Gas Company Limited

Alebe Nathaniel UzeziAlebe O. Gift

2,718,933,557.79

55

Hyacinnth U.F. Enuha

Hyacinth Uzu-Fela Enuha

2,710,078,325.77

56

Ray Okpu

Ray Okpu

2,673,346,469.66

57

Bao Yao Future Lex

Garba Idris AbubakarYaozhang Shen

2,669,859,056.59

58

Aquitane Oil and Gas Limited

Ikechukwu Okolo

2,640,490,132.20

59

Waziri B. Mustapha

Alhaji Waziri B. Mustapha

2,612,458,766.09

60

Riggs Securities Limited

Yomi TokosiTokosi Tokumbo

Frederick Fasheun

Ralph Obiha

Awosika Kola

2,601,085,572.34

61

Likam Nigeria Limited

Alhaji Ibrahim HamzaYashuwah Hamza

2,525,755,239.96

62

Safe Nigeria Limited

Itohan Ogieva-OmosighoOsa Ogieva-Omosigho

2,369,063,554.93

63

Woksons International Limited

Chief William OkiOke E. Cynthia

2,326,577,517.14

64

Travaux Investments Limited

Lambo JumokeOgutuga Kemi

Sheri William

Folarin Rotimi Williams

2,303,470,835.43

65

Omega Savings and Loans

Agbetuyi SegunAdeniyi A. Adeuyiwa

2,283,749,521.09

66

Bellview Airlines Limited

Kayode OdukoyaAVM Emmanuel Ombu (Rtd)

2,258,232,021.87

67

Sage Int. Nig. Limited

Atikoro UyovbukerhiMaureen Uyovbukerhi

2,241,719,528.00

68

Van Vliet Trucks Limited

Nol Van VlietAdetunmbi Dayo

Kome Agodo

2,136,216,694.00

69

Baba Haruna Ibrahim

Baba Hruna Ibrahim

2,076,544,891.02

70

Abbey Lincoln Limited

Awoleye T. AbisodunFrancis T. Abisodun

2,065,489,600.50

71

Shell Staff West

Shell Staff, represented by Ikponmwosa Ogiemuda

2,004,956,109.70

72

U.L.O. Consult, Ogbeogonogo

Chief Uche Luke Okpuno

1,984,819,888.82

73

Variations Industries Limited

Nwazulu Prince DennisNwazulu Protus

1,969,012,064.04

74

Tuns Holdings Limited

Olatunde Adekunle BadmusJoseph Zopy

1,965,039,873.11

75

Shelter Development

Bayero Usman Ja’afaruIbrahim Isa Wada

1,875,156,385.12

76

Lynq Communications

Joe Obiora UdeagbalaSylvia Udeagbala

1,847,974,990.21

77

Petlib Envi-Chem Ser

Ibiam EleanyaEEkwo Eteakamba Edem

1,706,415,936,54

78

Amsalco Ind. Limited

Aminu SalehBashir Aminu Saleh

1,646,184,931.54

79

Aminu Saleh Alhaji

Aminu Saleh Alhaji

1,630,812,798.76

80

Chevron Oil Staff Multipurpose Cooperative

Chevron Staff

1,595,966,334.11

81

Micro Products Int’l Nig. Limited

Chris Anugwolu

1,568,839,810.06

82

The Franklin Hotel & Suites

Frank Omosigo

1,566,984,396.77

83

Titanium Oil and Energy Limited

Acholonu PatrickEkezie Chief Ralph

1,564,295,090.70

84

Alcomp Computers Limited

Engineer Emeka Vitus EzenwanneGloria Uzoamaka Ezenwanne

1,559,711,000.55

85

Tina Stores Limited

Matthew NmeziClementina Nmezi

1,558,068,328.38

86

Shemofeyo Ventures Limited

Sheba A. Acholonu PatrickModupe Olorunfemi

1,549,586,200.57

87

Westoil Petroleum Services Limited

Bidemi H. FahnHamdalat Ajayi

Omotayo Fahn

1,540,787,598.44

88

Ohzed Oil and Gas Company Limited

Stella O. DikeEngr Matthew A. Dike

1,516,937,763.45

89

KDC Construction Limited

Alh Waziri B. Mustapha

1,480,572,356.42

90

Deep Sea Oil Gas Limited

Itelima Steve YeowumaItelima Patricia Yeowuma

1,386,834,554.36

91

Ascot Fabricators and Constr. Limited

Henry E. ImasekhaJoey Chuma Obue

1,374,274,319.42

92

I.C.M.G. Limited

Mike Osime

1,339,507,291.77

93

Huf Engineering Nigeria Limited

Enuha Hyacinth Uzu FelaEnuha Carol

1,288,402,095.13

94

Integral Petrochemicals Limited

Oludare O. OlagokeAdeyemi Y. Olagoke

1,269,386,433.60

95

Unicorn Place Leisure Services Limited

Ike Nwabuoku

1,256,178,425.11

96

Ibika Investment & Property Limited

Fashina Kofoworola OlakunleFashina Mabayomije Omololu

1,230,763,959.94

97

Assorted Foods & Beverages

Ifabiyi AdemolaIfabiyi Eyitope

Ifabiyi Toyin

1,185,194,335.36

98

Al-Fil Petroleum Company Limited

Alao IdrisAlao Abdullatif

1,151,788,405.05

99

Primeview Investment and Property

Gabriel OreneEsule George

1,119,804,330.77

100

Merepainti Nigeria Limited/BPT Equipment

Engr Mohammed Nura Khalil

987,172,183.55

101

Rainbownet Limited

H.E. Chimaroke Nnamani

804,985,922.59

102

Paveblocks Nigeria Limited

Alh Waziri B. Mustapha

633,128,165.50

103

Honourable Adetunji Adeniyi

Honourable Adetunji Adeniyi

491,220,414.05

104

Engr. Sarki Labaran

Engr. Sarki Labaran

471,402,281.70

105

Senator Usman Bayero Nafada

Senator Usman Bayero Nafada

409,502,652.84

Source: TheCable

  

A History Of Published Debtors List

1.       AMCON and Financial Services Debt Burden in NigeriaProshare Confidential - July 2018

2.       The Bull in the China Shop – A New Paradigm in the ... – Proshare    Aug 21, 2009

3.      Nigerian Banks’ Performance – H1 2018  Sept 27, 2018

4.      BRIPAN 2.0 - The Case For A New Thinking For The Insolvency Market May 10, 2017

5.      Recall: Insolvency & Restructuring In Nigeria April 27, 2017

6.      Top 100 AMCON Debtors  Jun 27, 2016

7.      CBN regrets any inconveniences on debtors list Aug 19, 2009

8.     Stockbrokers condemn publication of new debtors' lists - 2009

 

Proshare Nigeria Pvt. Ltd. 

 

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