Lagos, Abuja Properties Face Attachment, Sale Over Petrichor Energy Judgment
Nigerian courts have commenced enforcement proceedings against properties and other assets linked to Alhaji Abdulrahman Musa Bashar, Chairman of the Rahamaniyya Group, over an approximately US$40 million debt dispute involving Petrichor Energy FZCO and Ultimate Oil & Gas.
The dispute stems from petroleum product transactions carried out between 2022 and 2023, involving supplies of products including gasoil and Jet-A1 aviation fuel.
Following proceedings in England, a judgment obtained by Petrichor Energy was subsequently registered for enforcement in Nigeria after a February 2026 order of the Federal High Court.
The Nigerian court later issued writs of attachment and sale, paving the way for enforcement against assets connected to the respondents.
The enforcement process has now moved to the physical stage, with court enforcement documents reportedly served and posted at properties linked to the respondents in Lagos and Abuja.
The development places Bashar and Ultimate Oil & Gas at the centre of a cross-border recovery battle spanning several jurisdictions.
The dispute has also triggered proceedings in the United Kingdom.
In March 2026, the English High Court granted a worldwide freezing order against Bashar and Ultimate Oil & Gas, restricting dealings with assets covered by the order while the underlying enforcement efforts continue.
A worldwide freezing order is generally designed to prevent a party from disposing of or dealing with assets in a manner that could frustrate enforcement of a judgment or prospective judgment.
The latest Nigerian proceedings therefore represent a significant escalation in Petrichor Energy’s efforts to recover the disputed sums.
Beyond Nigeria and England, the dispute has also extended to the DIFC Courts in Dubai, where related proceedings remain ongoing.
The multi-jurisdictional nature of the dispute underscores the international dimensions of the underlying petroleum transactions and the recovery efforts now being pursued by Petrichor Energy.
With writs of attachment and sale issued in Nigeria and enforcement documents served at properties in Lagos and Abuja, attention will now turn to the next stage of the court-supervised recovery process.
The allegations and enforcement measures remain matters arising from ongoing litigation, and the respondents’ legal position and any challenges to the enforcement process are material to the final determination of the dispute.
