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    Home»Nigeria Economy»Eroton moves to stop court-ordered administration, challenges jurisdiction
    Nigeria Economy

    Eroton moves to stop court-ordered administration, challenges jurisdiction

    NigeriaNewzBy NigeriaNewzFebruary 11, 2026No Comments2 Mins Read
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    Eroton Exploration and Manufacturing Restricted has requested the Federal Excessive Courtroom in Lagos to halt the execution of interim orders that positioned the corporate below administration, citing jurisdictional defects and alleged procedural irregularities.

    The corporate, by way of its counsel, Joseph Nwobike (SAN), main Collins Ogbonna of Osborne Legislation Observe, urged the courtroom to remain all actions arising from interim ex parte orders issued on January 20 and 29, 2026, pending the willpower of functions difficult each the courtroom’s jurisdiction and the validity of the orders.

    In a press release made accessible, the corporate has filed three functions: a movement on discover searching for to put aside the interim orders and restrain their execution; a discover of preliminary objection contesting the courtroom’s jurisdiction; and a substantive movement for a keep of execution and injunctive reduction to protect the established order.

    Eroton contended that the Federal Excessive Courtroom lacks jurisdiction to entertain the go well with and that the interim orders had been granted with out full disclosure of fabric info.

    The corporate additional argued that the initiating social gathering just isn’t a juristic entity entitled to hunt administration below related provisions of the Firms and Allied Issues Act, 2020.

    In an affidavit sworn to by Felix Deckon, a senior litigation officer at Osborne Legislation Observe, Eroton mentioned the orders have disrupted its operations and impaired its means to satisfy monetary obligations.

    The corporate described itself as an indigenous oil and fuel producer that operated OML 18 between 2015 and 2023 and holds a petroleum licence legitimate till 2038.

    Learn additionally: Dangote refinery cuts petrol gantry price to N774 per litre

    Eroton is searching for orders restraining LIRS, the appointed administrator, and greater than 40 different events from appearing on the interim orders, in addition to setting apart steps already taken.

    The interim orders adopted proceedings initiated by the Lagos State Inner Income Service (LIRS), which led to the appointment of Amala Umeike, an insolvency practitioner, as Administrator of Eroton.

    Umeike issued notices to the corporate’s administration, together with a letter dated February 6, 2026, convening a administration assembly scheduled for February 11 at Stren & Blan Companions in Lagos.

    On the time of submitting this report, no date has been mounted for the listening to of the functions.



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