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220 firms owe AMCON N1.14 trillion

05/02/2016 09:23

Asset Management Corporation of Nigeria (AMCON) has said that Seawolf Nigeria Limited, and 219 other companies are indebted to it to the tune of N1.14 trillion. This was contained in a list of debtors released yesterday by the Corporation for publication in major newspapers.


The list reveals that the top debtors owe the Corporation N479.33 billion, representing 42 percent of the total indebtedness. The top ten debtors’ list is led by Seaworlf Nigeria Limited with N160 billion. Others in the top ten debtor’s category include: Tanzila Petroleum Limited-N49.23 billion; Resort International Limited-N36.3 billion; Home Trust Savings-N25.75 billion; Suru Worldwide Ventures-N24.41 billion.


Others are Roygate Properties-N23.26 billion; Ziglagsis Network Limited-N20.33 billion; Lexcap Partners-N18 billion; and Anyiam Osigwe Limited-N17.25 billion.


Source - Vanguard

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