Unpaid Debt: Fuel Supplier Asks Court To Halt Lagos BRT Operations

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Petrocam Trading Nigeria Limited has applied to a Federal High Court in Lagos for the winding-up of Primero Transport Service Limited, the operator of Bus Rapid Transport (BRT), over alleged indebtedness.

In a suit marked FHC/L/CP/1702/20, brought before the court, pursuant to Order 19, Rule 1, of the Company Winding-Up Rules 2001, Petrocam Trading Nigeria Limited asked for leave of court to advertise Primero’s winding-up petition in widely circulating newspapers.

The petitioner stated that its request before the court is sequel to Primero’s alleged failure and continued failure to pay a debt of N63,466,000.00.

The Financial Manager stated that Petrocam supplied the Automated Gas Oil as agreed, however, contrary to the agreement of the parties, the Primero failed to make payment to the Petitioner.

– Daily trust

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