Our attention has been drawn to a publication in the media regarding to the pending litigation between the Asset Management Corporation of Nigeria (AMCON) and Heyden Petroleum Limited.

We hereby notify the general public that AMCON and Heyden Petroleum Limited have settled all issues between them amicably, and Heyden Petroleum Limited has demonstrated commitment to meeting their obligations and has been making payments accordingly.

Given this latest development, AMCON has formally discontinued its pending litigation against Heyden Petroleum Limited, particularly Suit No. FHC/AMC/67/2024.

As a responsible debt recovery agency of the Federal Government of Nigeria, it is not the practice of AMCON to engage in a media trial of obligors who are meeting their obligation. Accordingly, the general public is urged to disregard any negative commentaries on the relationship between AMCON and Heyden Petroleum Limited.

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ASSET MANAGEMENT CORPORATION OF NIGERIA
Jude Nwauzor
Head, Corporate Communications
417, Tigris Crescent, Maitama, Abuja.
Mobile: 08033226621
Tel: 012773100 Ext: 8576
Email: Jude.Nwauzor@amcon.com.ng
Website: www.amcon.com.ng

By News Connect Online

News Connect Online is a grassroot advocacy news platform established to promote development and peace through efficient and effective reportage across all beats. Beat: Education, Entertainment Environment Energy Business Health, Sport, Foreign News, Advocacy, Tourism, Transportation

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