Addax Petroleum (fka AXC)

[midtieroil]

I guess some will chose to ignore this too. A different source.

http://allafrica.com/stories/201709070045.html

Sequel to the general economic meltdown and recession in the Federal Republic of Nigeria, our client's businesses suffered frustration commencing from March 2015 and grounded to a halt in September 2015," read the reply.

"Consequently," Mr. Offor, his lawyer said, "had no job to execute and closed office starting from September 2015."

"If our client's businesses revive as our client hopes they will, our client will determine whom to re-engage as staff and what terms and conditions such a re-engagement will be."

PREMIUM TIMES confirmed the closure of the company. During our visit to the 22 Lobito Crescent, Abuja headquarters of the Chrome on Monday, a private security agent said "the office has been locked for long."

"As you can see nobody came to office; the office is under lock."

"Long long before Sallah," said the security agent, when asked if the it was the case the case that the company was yet to resume from the last Eid holiday officially observed nationwide between Friday and Monday.

Asked why the company was shut down, he replied, "because there's no operation; the company stopped operating."

Apart from Chrome, Mr. Offor's other company, Global Scansystems Limited is also troubled.

The staff there have not been paid for two years, while their terminal benefits remain unpaid, the employees said.

The staff of Global Scansystems are now locked in battle with Mr. Offor at the National Industrial Court.