Nestoil.webp
The Digest:

Nigeria’s Supreme Court has ordered Nestoil Limited and Neconde Energy back to the Court of Appeal to resolve a procedural dispute in a high-profile debt recovery case. The court condemned “frivolous appeals,” signaling that legal delays will not overshadow financial obligations

Key Points :
  • The Supreme Court directed the case back to the Court of Appeal to settle a dispute over legal representation.
  • Nestoil Limited, Neconde Energy, and owners Ernest and Nnenna Obiejesi are parties to the debt recovery suit.
  • Justice Inyang Okoro warned against unnecessary appeals designed to delay debt repayment.
  • The Court of Appeal must resolve the issue and report back by January 26, 2026.
  • Senior advocates, including Wole Olanipekun and Muiz Banire, were involved in the proceedings.
  • The court-appointed Receiver/Manager, Abubakar Sulu-Gambari, is central to enforcing the debt obligations.
  • Legal observers say the ruling sends a strong message against delaying tactics in commercial disputes.

Sources: Premium Times