Finally: AMCON Returns Capital Oil to Ifeanyi Ubah | Bizness Watch

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Finally: AMCON Returns Capital Oil to Ifeanyi Ubah

It was all wild jubilation and excitement all over major cities of Anambra state yesterday when news of the return of the oil giant-Capital Oil Group to its owner and proprietor, Dr Patrick Ifeanyi Ubah was broken.
Dr. Ifeanyi Ubah, CEO, Capital Oil

Dr. Ifeanyi Ubah, CEO, Capital Oil

According to information made available to journalists in Awka, the Assets Management Corporation of Nigeria (AMCON) has formally announced the return and restoration of all rights, privileges, management and ownership oil the oil company to Dr Ubah with immediate effect.

In a release from the stable of chairman of AMCON, Alh Aliyu Kola Belgore and signed by the group’s Head of Communications, Strategy and Research, Kayode Lambo the positive development was sequel to “amicable settlement of all pending legal disputes between the parties.

 




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