The Supreme Court sitting in Abuja today in a panel presidedover by his lordship Justice Inyang Okoro JSC ordered parties to go back to theCourt of Appeal for that Court to resolve the issue of legal representation andthereafter report back on the 26th of January 2026. Other Justices on the panel concurring with the PresidingJustice were Justice Jauro JSC, Justice Sankey JSC, Justice Adumehin JSC andJustice Sadiq Umar JSC. The Supreme Court also strongly cautioned Counsel that inmatters of debt recovery, the debtor should simply be encouraged to pay thedebt rather than filing frivolous Appeals/Applications. The appeal was filed by Nestoil, Neconde, and theirpromoters, Ernest Obiejesi and Nnenna Obiejesi. Purporting to represent Neconde was Chief Olanipekun SAN andfor Nestoil Muiz Banire SAN whose competence and authority is being challengedby Ayo Olorunfemi SAN leading Ame Ogie for Neconde and Ayoola Ajayi SAN leadingMB Ganiyu for Nestoil. Appearing for Ernest Azudialu-Obiejesi was Chinonye ObiagwuSAN while Kehinde Ogunyumiju SAN leading Ademola Abimbola SAN and ChikasoluOjukwu SAN appeared for Nnenna Obiejesi. Also in Court was the Receiver/Manager Mr. AbubakarSulu-Gambari SAN. Representing FBNQUEST Merchant Bank Limited and FirstTrustees were Babajide Koku SAN, Victor Ogude SAN, Omosanya Poopola SAN leadingToheeb Ipaye, Kamaal Fagbemi, Kehinde Wilkey and Buchi Ofulue. Observers as today’s proceedings as sending strong signalsto debtors and counsel to debtors that a debt owed must be paid.
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