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Med-View Airline in Trouble Over Debt

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A Petroleum distribution company Asharami Synergy Plc has filed a winding up petition before a Federal High Court sitting in Lagos Nigeria against Med-View Airline Plc, over inability of the Airline to pay a debt of N43,548,652.50.

   In a particulars of indebtedness accompanying the petition, Asharami Synergy Plc company alleged that, it supplied Med-View Airline Aviation fuel for the period January 2018 to August 2018 totalling N43,548,652.50,the debt became due for payment by 31st of August 2018 following which the petitioner made various demands and the Airline promise to pay but could  not.

   The parties held a meeting where it was agreed that by 28th February 2019 the Airline will pay the entire sum. After the meeting Jenifer Ugorji the team lead- Retail Sales and marketing of the petitioner  sent an e-mail to the Airline’s Chief Executive Officer/Managing Director Alhaji Muneer Bankole on the resolution of the meeting, but he did not respond to the e-mail ,Jenifer Ugorji then sent another e-mail to Serifat Olajide an accountant in the employment of the Airline, she responded that the managing Director is out of the country, but as soon as he comes back the Airline will commence payment of the debt.

         Thereafter, the respondent paid a paltry sum of N500, 000 out of the outstanding sum of N43,548,652.50.

       Following the inability of the Airline to pay the debt the petitioner briefed the law firm of Le Pestro Solicitors to demand for the payment of the debt due.

    Despite the various express demands by e-mail and letters made by the petitioner the Airline still failed, refused and neglected to liquidate its outstanding indebtedness to the petitioner till date.

       The petitioner stated further that the outstanding indebtedness of the Airline to the petitioner is colossal and has continue to attract interest and hardship to the petitioner.

       Consequently, the respondent is insolvent and unable to pay its debts. The petitioner therefore humbly prays as follows:

       That MED-VIEW AIRLINE PLC RC 604313 be wound up by the court under the provisions of section 409(1) and 410(1)(b) of company and allied Matters Act cap C20 laws of the Federation of Nigeria 2004.)

       However, in a counter affidavit against the petition sworn to by Serifat Olajide, she denies all the depositions of the petitioner and averred that the Airline knows a company called So Aviation limited as supplier of Aviation fuel and the company subsequently changed to the petitioner.

The transaction between the petitioner and the respondent started as far back as December, 2015.and prior to August, 2018.it was a smooth and mutually beneficial relationship between the parties as payment were made regularly and supplies were on mutual understanding.

      The presiding Judge Justice Chukwujekwu Aneke has adjourned for hearing.

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Oceangate Engineering to appeal court’s ruling on asset forfeiture

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Oceangate Engineering Oil & Gas Limited has announced plans to appeal a recent ruling of the Federal High Court ordering the forfeiture of certain assets.

The company’s Secretary, Nnenna Onyeaso, disclosed this in a statement on Thursday, maintaining that neither the firm nor its leadership was found guilty of any wrongdoing.

Onyeaso said the company views the ruling as a civil asset forfeiture order based on suspicion rather than proof, she emphasise  that the judgment did not establish any criminal liability against the organisation.

She added that the firm has instructed its legal team to file an appeal, expressing confidence in the judicial process and optimism that a comprehensive review of the case will yield a favourable outcome.

“To be clear, this ruling is a civil asset forfeiture order with no finding of wrongdoing against Oceangate or its leadership.

“The court’s decision rested on a legal standard of suspicion, not proof, and it is one we intend to pursue fully through the appeals process,” she said in a statement.

The firm secretary also said that Oceangate has reiterated its belief in the rule of law, noting that the appellate system exists to address such outcomes.

She added that the company remained confident that the facts of the case will ultimately affirm its integrity and business practices.

Onyeaso said that the firm also emphasised that its operations remained unaffected, stating that it continues to provide employment for many Nigerians while contributing to the country’s energy sector and broader economy.

“We have always believed in the ability of the judicial process, and that belief has not wavered,” she added.

She noted that Oceangate further expressed appreciation to its employees, partners, and clients for their continued support amid the development, assuring stakeholders of its commitment to transparency and accountability.

The Secretary said that the company reaffirmed its confidence in Nigeria as a viable destination for investment, describing the country as a land of equity, growth, and opportunity.

“We remain committed to the continued growth of our business and the communities we serve as we are optimistic that justice will prevail at the end of the legal process.


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PDP Criticises Kwara Governor Over Deadly Bandit Attack

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PDP criticises Kwara Governor AbdulRahman AbdulRazaq over deadly bandit attack in Woro and Nuku, calling response insufficient

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Court Asked To Restrain FG From Interfering with NAFDAC Enforcement of Sachet Alcohol Ban

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The Socio-Economic Rights and Accountability Project (SERAP) has asked the Federal High Court in Lagos to issue injunctive orders restraining the Federal Ministry of Health and Social Welfare and the Office of the Secretary to the Government of the Federation (SGF) from further extending the moratorium on the prohibition of the production, distribution, and sale of alcohol in sachet format.

The Rights Group also asked for order restraining them from interfering with the statutory powers of the National Agency for Food and Drug Administration and Control (NAFDAC) to enforce the ban.

Specifically, SERAP is seeking an order of injunction restraining the defendants, their servants, agents, privies, and all persons or authorities acting through them from extending any moratorium on the sachet alcohol ban.

The organisation is also asking the court for a perpetual injunction restraining the defendants from directing, preventing, blocking, or stopping NAFDAC from enforcing the prohibition, in line with its statutory functions under Sections 5 and 30(c) of the NAFDAC Act, the Spirits Drink Regulation, and the Memorandum of Resolution executed on 19 December 2018.

In the suit marked FHC/L/CS/2568/25, SERAP is asking the court to compel the Federal Ministry of Health and Social Welfare, through its supervisory authority, to immediately direct NAFDAC to fully enforce the existing nationwide ban on the production, distribution, and sale of alcohol in sachet format.

The defendants in the case are the Minister of Health and Social Welfare and the Attorney-General of the Federation.

The group argues that the continued delay by the relevant federal authorities in enforcing the ban amounts to a failure to implement long-standing public health regulations designed to curb alcohol abuse, protect public safety, and safeguard citizens’ well-being.

The suit was filed on SERAP’s behalf by Mofesomo Tayo-Oyetibo, SAN, alongside a team of lawyers from Tayo Oyetibo LP.

In an originating summons dated 15 December 2025, SERAP contends that the ongoing circulation of sachet alcohol violates the National Health Act, 2014, the NAFDAC Act, the Spirits Drink Regulation, 2021, and the Memorandum of Resolution of 19 December 2018, which collectively mandate a nationwide ban on sachet alcohol.

SERAP is asking the court to determine whether the Minister of Health can lawfully refuse or fail to enforce the prohibition, and whether any federal authority has the power to interfere with or delay NAFDAC’s statutory duty to enforce the ban.

The organisation also wants the court to decide whether, given the acknowledged dangers of alcohol abuse, judicial intervention is required in the interest of public health, public safety, and public order.

According to SERAP, sachet alcohol, often cheap, highly potent, and widely accessible, has been linked to rising cases of alcohol abuse, particularly among young people and low-income communities. It argues that the 2018 Memorandum of Resolution and subsequent regulations were adopted precisely to address these risks.

Among the reliefs sought are declarations that the sachet alcohol ban is a valid regulation under the NAFDAC Act; that the Minister of Health has no legal authority to grant or extend any moratorium on its enforcement; and that it is unlawful for any federal authority to interfere with NAFDAC’s enforcement responsibilities.

SERAP is also asking the court to affirm that the defendants have a duty to ensure the full implementation of the ban nationwide.

The legal action follows recent unverified social media news suggesting there is an attempt to further postpone the long overdue enforcement of the ban championed by a few operstors bent on continued violation of the regulation, despite earlier regulatory directive and broad industry commitments. The issue has gained renewed attention after the Senate in full plenary session passed a unanimous resolution setting a December 2025 deadline for full enforcement of the ban, citing public health concerns.

SERAP insists that continued delays undermine Nigeria’s health laws and expose citizens to preventable harm, urging the relevant authorities to prioritise public interest over selfish profit objectives of a few non-compliant businessmen.

The court is expected to fix a hearing date once the defendants enter their appearance.


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