According to wide spread information in the Nigerian newspaper on banks list of Debtors. The Nigerian Deposit Money Banks in continuation with the policy of naming and shaming their delinquent debtors
with further publication of the names of firms and their directors
whose loans have become non-performing for more than one year.
While nine banks published the names of
the loans defaulters on Monday, four banks released the lists of their
chronic debtors, owing a total of N143.81bn, on Tuesday.
The four banks are First Bank of Nigeria Limited, Access Bank Plc, Diamond Bank Plc and Unity Bank Plc.
The
banks, which had published the list of their delinquent debtors on
Monday were Zenith Bank Plc, Guaranty Trust Bank Plc, Union Bank Plc,
Sterling Bank Plc, Skye Bank Plc, Fidelity Bank Plc, Stanbic IBTC Bank,
Heritage Bank Limited and Enterprise Bank Limited.
First Bank, which has its total amount of non-performing loans as N43.72bn, published 92 names of delinquent debtors.
The first five companies on the lender’s
list owe a combined sum of N23bn. These are Ajaokuta Steel Company
Limited, Starcomm Plc; BGL Securities Limited, where a former Minister
of Finance and National Planning, Kalu Idika Kalu, is a director; Shield
Petroleum Limited and Fargo Petroleum and Gas Limited.
Shield Petroleum, the number one on the
list, owes N6.883bn; while Zurich International Service, the last on the
list, owes N26.69m.
Unity Bank also released 260 names of delinquent debtors with a combined NPL figure of N45.52bn.
The list has the companies of some
prominent Nigerians. These include Umar Mutallab’s DeanShanger Project
Limited, N3.6bn; Senator Ayodele Arise and a former Minister of State
for Works, Mr. Dayo Adeyeye’s International Payment Devices Limited,
N81.9m; and Prince Adeyanju Olateru-Olagbegi’s Cupid Investment BDC,
N90.1m.
Other prominent companies on the list
are Ekiti Kete Mass Transit, which owes N991m; Fargo Petroleum and Gas
Limited, N2.5bn; Ava Cement Limited, N.8bn; and Plywood Chemical and
Accessories, N1.1bn.
Ava Cement topped Unity Bank’s debtors’ list with N9.8bn, while Malcolm Akpokodje owes the least with N20m.
Access Bank Plc published a list of 11 delinquent debtors, with a combined NPL figure of approximately N3.4bn.
Top on the list are Bioka Ventures
Limited, which owes N1.15bn, while Derukas International Limited was
last on the list with a debt of N56.3m.
Diamond Bank Plc has N47.17bn as its total NPLs, with companies belonging to prominent Nigerians owing sizeable amounts.
These include Sir Emeka Offor’s Global
ScanSystem Limited, which the bank says owes N181m; a former Chairman,
House of Representatives Committee on the Diaspora, Mrs. Abike
Dabiri-Erewa’s Thriller Eneavours, which owes N122m; and a former Delta
State Commissioner for Sports Solomon Ogba’s Delta Mega Trend Limited,
which owes N89m.
Aside the 13 banks which have published
their debtor lists, other banks which will publish theirs this week are
Ecobank Nigeria, First City Monument Bank Limited, Standard Chartered
Bank, Keystone Bank Limited, United Bank for Africa Plc and Wema Bank
Plc.
One very prominent question here is ,Didn't the following people and companies followed the normal process of obtaining a loan? Are
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