Dantata & Sawoe Construction Company Nigeria Limited is facing a liquidation hearing over an alleged debt of $1,257,592.83 owed to Zutari Consulting Nigeria Ltd. The debt is related to subcontract work on the Dangote Fertilizer Plant project in Lekki, Lagos, Nigeria.
Here’s a breakdown of the case:
- Background: Dantata & Sawoe was engaged by Zutari Consulting in 2015 for design work on the Dangote Fertilizer Plant project.
- Alleged Debt: Zutari Consulting claims that Dantata & Sawoe owes them $1,257,592.83, ZAR 2,136,623.39, and £4,364.38.
- Arbitration: An arbitration tribunal in London ruled in favor of Zutari Consulting, finding Dantata & Sawoe liable for the debt.
- Court Proceedings: The Federal High Court in Abuja has fixed February 26, 2025, to hear a motion seeking the appointment of a provisional liquidator for Dantata & Sawoe.
- Dantata & Sawoe’s Response: The company has denied the indebtedness and argued that the subcontract was varied, and the original agreement was paid in full.
Source: Nairametrics
