The lists have the names of popular companies, whose directors are prominent Nigerians appearing among the high non-performing loan defaulters.
MRS Oil & Gas, a major player in the downstream sector of the oil and gas industry, topped FCMB’s list of delinquent debtors with a N6.2bn non-performing loan. The list has 86 names with a combined bad debt of N17.11bn.
White Diamond Property Development Limited, a firm owned by a business mogul, Rabiu Isiyaku Rabiu, is the second on the list with a debt of N616m.
Two companies belonging to an ex-Minister of Sports, Saidu Samaila Sambawa, occupied the fourth and sixth numbers on the FCMB list.
The firms, Sigma Engineering & Construction Limited and Sambawa Farms have a combined delinquent facility of N1.04bn.
Niger Global Engineering & Technology Company Limited, a firm belonging to Senator Hope Uzodinma, a former Chairman of the Senate Committee on Aviation, was number eight on the FCMB debtors’ list, with N338.85m
The name of the same company appears on the Ecobank Nigeria’s delinquent debtors’ list, with a bad loan of N94.3m recorded against it.
Global Energy Resources, which according to FCMB, belongs to Mr. Olatunde Ayeni, who is the Chairman of Skye Bank Plc, owes N175m.
Suzzatej Nigeria Limited, whose directors are listed as Prince Olanrewaju Adeyemi Tejuosho, Princess Mojisola Tejuosho, children of the Osile Oke Ona, Egba, Oba Adedapo Tejuosho, and two others, is said to owe the bank N84m
In total, the 86 names on the list owe FCMB a combined sum of N17.1bn.
Ecobank Nigeria, which has 73 names on its list, is being owed a total sum of N5.4bn by the delinquent debtors.
Tmeans that the debtors are owing FCMB and Ecobank a total sum of N22.5bn.
Plasto Crown Nigeria Limited, a firm belonging to a former Minister of Environment and Housing, Lady Helen Esuene, and other people, is said to owe Ecobank N11.1m.
Banks, which are expected to publish the lists of their delinquent debtors later this week or before the end of the month are Standard Chartered Bank, Keystone Bank, Citibank, Wema Bank Plc and United Bank for Africa Plc.
The banks, which had published the lists of their delinquent debtors on Monday were Zenith Bank Plc, Guaranty Trust Bank Plc, Union Bank Plc, Sterling Bank Plc, Skye Bank Plc, Fidelity Bank Plc, Stanbic IBTC Bank, Heritage Bank Limited, Enterprise Bank Limited, First Bank of Nigeria Limited, Access Bank Plc, Diamond Bank Plc and Unity Bank Plc.
The Central Bank of Nigeria had on April 22, 2015 directed the banks, discount houses and the Asset Management Corporation of Nigeria to publish the list of their delinquent debtors from August 1.
They are to publish the names in at least three national newspapers on a quarterly basis.
In line with the directive, the banks gave the chronic debtors a 3-month grace period, which expired on July 31.
Punch
Esan Owo yin o
ReplyDeleteOnly the rich are owing the banks. There is no poor mans name on the list, where will he get the collateral for the loan from.
ReplyDelete*sigh*
DeleteMy dear.
Delete~D great anonymous!
That's good to hear.
ReplyDeleteShuuuuuuu c money Oooo
ReplyDeleteC money ooooo
ReplyDeleteMake una go pay up una bills o
ReplyDeleteserve them right
ReplyDeleteWhen a honest hardworking man with ideas approached this bank.. they will asking for ridiculous collateral
Do You Have A Big Tummy? Get In Here for solution!
Honest indeed! Give you money now you will start speaking in tongues when it's time to pay up! Mind you these lists are for amounts above a threshold! So stop being silly. If the banks were to print every delinquent name there will be no space in the newspapers because of supposedly 'hardworking honest' Nigerians like you! Shio! Even customers owing as little of 5k refuse to pay and you're here talking trash. If you have a good idea back it up with skills and if you're so sure of yourself get someone to give you collateral if you don't have. Why will the banks take depositors money and give you just because you are hardworking and honest??? If the business folds up what do they tell the customers? From all the past experience from people like you sorry you ain't getting any loan without cover. Deal with it!!!!
DeleteThis is sooo true. In fact, I bet those 'honest, hardworking' people make up the bulk of the list of debtors. Their names aren't published because their debts are below a certain threshold.
DeleteShame them
ReplyDeleteHmmmmm
ReplyDeleteSo na "Borrow Pose" all these big shots dey use intimidate person??? Shame go catch people! Linda take note!
ReplyDeleteLol na real boro pose
DeleteChoi
ReplyDeleteit is well
That's what happens when you give a person loan with no form of collateral, all in the name of credit worthiness...if it were an average man they would have sold all his property... may God help us in this country...Samayo via bb10
ReplyDeleteO ga o
ReplyDeleteNot as though we didn't know that "these" are the problem we have in Nigeria. They steal directly and indirectly!!! In addition of all the money they steal under the guise of performing their government function, they also take huge loans from banks with no intention of paying back and in the process cause issues with the poor staff of the bank who manage the loans - some bankers end up getting sacked for issuing "non-performing" loans, and you tell me this country is a sane place??? its only GOD that can help us and our so called "leaders"
ReplyDeleteUseless bankers, whn dey keep frustrating small business owners who genuinely need funds to start off n favour d so called big names. Ntorrrrrrr I pray dey dnt recover it.
ReplyDeletea.k.a EDWIN CHINEDU AZUBUKO said..
ReplyDelete.
Omo see embarassment abeg.... This people go hear am hot hot nobi lie....
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***CURRENTLY IN JUPITER***
Wow! Namesupon names b released so wht difference wil dis mak. For crying out loud let them go after them and not all dis name's publication's.
ReplyDeleteI love my life. Fake ass people.
ReplyDeleteOmg ,what would this archive then?
ReplyDeleteThe faces of thieves. God don catch una. Idiots! Oju ole re ole!
ReplyDeleteAwon Oloriburuku I wan borrow 500k the other day the stupid manager wan fuck me and them they borrow all these shameless ppl these huge huge amount of money
ReplyDeleteU sure say u no fuck?
DeleteDebts... all over
ReplyDeleteChoi! Heavenly father,i tank u for making me experience dis era.........
ReplyDeleteThe major debtors are the ones hiding under litigation. If that list is ever published, people will weep for this country. The list contains the very who is who in Nigeria with debts running into several billions of Naira. God help us as a nation.
ReplyDeleteNo one should call my names. Engr Emy
ReplyDeleteHahahahahaha imagine falling of hand, balling on borrowed money. We're una ear dey when ur mama dey sing d sone of cut ur coat according to ur size
ReplyDeleteHahahahahaha imagine falling of hand, balling on borrowed money. Were.una ear dey when ur mama dey sing d sone of cut ur coat according to ur size
ReplyDeleteHahahahahaha imagine falling of hand, balling on borrowed money. Were.una ear dey when ur mama dey sing d song of cut ur coat according to ur size
ReplyDeleteHahahahahaha imagine falling of hand, balling on borrowed money. Were.una ear dey when ur mama dey sing d song of cut ur coat according to ur size
ReplyDeleteHahahahahaha imagine falling of hand, balling on borrowed money. Were.una ear dey when ur mama dey sing d song of cut ur coat according to ur size
ReplyDeleteHahahahahaha imagine falling of hand, balling on borrowed money. Were.una ear dey when ur mama dey sing d song of cut ur coat according to ur size
ReplyDeleteNa dem get bank
ReplyDeleteThey'll still come and deny it....
ReplyDeleteOmo u go fear debt oooo.......cheiii
ReplyDeleteGood one, they should continue to name and shame them.
ReplyDeleteOrdinary 200k, a layman wouldn't be lent money to,from these banks.this is just the beginning
ReplyDeleteYh! You have 3mnths till we still do absolutely nothing about it.
ReplyDeleteGlobal Energy Resources, which according to FCMB, belongs to Mr. Olatunde Ayeni, who is the Chairman of Skye Bank Plc, owes N175m.
ReplyDeleteA chairman of a bank goes to another bank to get a loan with the hope of not servicing it or paying back?
Absolutely crass.
Na waoh
ReplyDelete3 months is too little time but naijas can like to floss and show off on borrowed things sha. Na real shame and name
ReplyDeleteThis is too much
ReplyDeleteLook as money dey float around top executives including senators. Our country go better.
ReplyDeleteDid I notice that all the companies are owned by Former Civil Servants?
ReplyDeleteBeyond Publishing of names, what next? maybe jail term if they can not pay
ReplyDeleteSo what this means is that these banks didn't demand for collateral security before lending off such amount of money? So banks now lend monay by IM (ima mmadu). O dikwa ok...
ReplyDelete#Dankwata
The Nigerian savior has come and it's time for tribulation on these fake borrow pose rich men, failing to pay back in 3 months they will lose properties this i hope.
ReplyDeleteI never see Dangote's name, & that of his likes in any of these lists. Till then, NO COMMENT.
ReplyDeleteif the manager fuck you, you too know go enjoy the fuck let leave story like say na only man dey enjoy fucking
ReplyDelete