United bank for Africa Plc UBA has filed a winding up petition against a Petroleum Resources company, Sahara Energy Resources limited over alleged inability of the company to pay a debit of $42,282,430.49/or equivalent of N15,221,674,976.4.
Sahara Energy Resources Company Dragged To Court Over Failure To Facilitate Payment Of N 4.2 Billion Petroleum Subsidy
A limited liability company. Eterna Plc has dragged an oil marketing company Sahara Energy Resource limited before a Federal high court in Lagos south west Nigeria over the failure of the company to facilitate payment of Petroleum subsidy in the sum of N4,264,651,327. Joined as co – defendants in the ensuring legal hostility are Petroleum Products […]