I'll honor the agreement between Rahamaniyya and Sahara Energy
Abdulrahman Bahsar, the Group Managing Director of Rahamaniyya Oil and Gas has said that he is committed to and will honor the agreement between his firm and Sahara Energy.
The agreement of the two organisations is about the buying and selling of 15,000MT Gasoil deals in 2018.
In response to a report that he had defaulted in the agreement and sentenced by a London Court, Bashar clarified that an Agreement was reached between Ultimate Oil & Gas, Sahara Energy & Rahamaniyya Oil & Gas on a payment plan for balance of cargo dues owed to Sahara Energy to be effected between Dec 2019 and 31 Jun 2020.
He spoke through his legal adviser, Dada Awosika in a statement issued in Abuja on Thursday.
He said that as part of the agreement, Sahara would relinquish claim over cargo return while Rahamaniyya would withdraw proceedings against Sahara in Nigerian court. He said,
“In the above mentioned case, we wish to clarify that such claims are false, harmful and misleading, as both firms mate today at Sahara Energy Corporate office in Abuja to strengthen their mutual business relationships as attached photographs.
Finally, we wish to state that the relationship between the firms remain cordial and we are up to date with our contractual business agreement.
Bashar is a law abiding citizen who remains free based out of his home in Abuja, Nigeria.”