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Nestoil Regains Control of Lagos HQ After Legal Battle

Politics
This Day
1 min read
Nestoil Regains Control of Lagos HQ After Legal Battle

Nestoil successfully took full possession of its Lagos headquarters following initial defiance by security agencies against a court order. Justice Daniel Osiagor directed the immediate withdrawal of security forces from the premises.

Despite the legal victory, Nestoil faced challenges accessing its corporate office due to security measures. The dispute involved high-profile debt issues with FBNQuest Merchant Bank and First Bank.

Nestoil's legal representative, Chino Obiagwu, confirmed the development. The company ensured no substantial damage to its property during the takeover.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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