Rigs Onome and Oritsetimeyin

Rigs Onome and Oritsetimeyin are part of the Eligible Bank Assets (EBAs) under Asset Management Corporation of Nigeria’s (AMCON) asset portfolio, acquired pursuant to AMCON’s statutory powers and mandate under the AMCON Act (as amended). The Rigs were acquired through a Loan Purchase and Limited-Service Agreement (‘LPLSA’) dated 2/1/12, with which AMCON bought over First Bank of Nigeria’s (‘FBN’) loan rights and the assets charged, mortgaged, or pledged as security with respect to the unpaid debt of Seawolf Oilfield Services Ltd. (now Seawolf Oilfield Services Ltd. (in receivership) (“Seawolf”) owed to FBN.

Plots of land located within Ocean Bay Estate, Lafiaji, Lekki Epe Expressway, Lagos

Infrastructure within the estate includes well-paved roads, street lights, recreational parks, children's playground etc.

EJIM STREET, OFF OLD ABA ROAD, PORT HARCOURT, RIVERS

PROPERTY AT NO. 4 EJIM STREET, OFF OLD ABA ROAD, PORT HARCOURT, RIVERS

KM 4 AYETORO LAFENWA ROAD ABEOKUTA OGUN STATE

This property is a non-operational factory comprising Land, Buildings, Plant & Equipment–Transformer, Industrial boilers & mixers, oil storage tanks, generator, industrial panes, heat exchanger, borehole machine etc. All P&E are in a fair state of repair. The property is in a location with high value appreciation and is a great investment opportunity

KM 46, BENIN-AUCHI ROAD, EHOR, EDO STATE

KM 46, BENIN-AUCHI ROAD, EHOR, UHUNMWONDE LGA, EDO STATE