Nigerian courts have commenced enforcement proceedings against properties and other assets linked to Abdulrahman Musa Bashar, chairman of the Rahamaniyya Group, over an approximately $40 million debt dispute involving Petrichor Energy FZCO and Ultimate Oil & Gas.
The proceedings in Lagos and Abuja follow the registration in Nigeria of an English court judgment arising from petroleum product transactions between Petrichor Energy and Ultimate Oil & Gas.
The dispute relates to supplies of petroleum products, including gasoil and Jet-A1 aviation fuel, made between 2022 and 2023. Brandspur News reports that the English judgment was subsequently registered for enforcement in Nigeria following a Federal High Court order issued in February 2026.
The Nigerian court later issued writs of attachment and sale in connection with the enforcement proceedings. Enforcement documents have since been served and posted at properties linked to the respondents in Lagos and Abuja.
The proceedings mean properties and other assets covered by the enforcement orders could be subject to attachment and sale as Petrichor Energy pursues recovery of the sums at issue.
The dispute has also resulted in proceedings outside Nigeria. In March 2026, the English High Court granted a worldwide freezing order against Bashar and Ultimate Oil & Gas, restricting dealings with assets within the scope of the order pending further steps in the dispute.
The Nigerian enforcement action forms part of Petrichor Energy’s broader recovery efforts following the English court judgment. Related proceedings are also continuing before the DIFC Courts in Dubai.
The case stems from commercial transactions in the petroleum sector involving the supply of products used in Nigeria’s energy and aviation markets. Gasoil and Jet-A1 were among the products involved in the transactions that gave rise to the dispute.
The enforcement proceedings in Lagos and Abuja mark a further stage in the international recovery process, bringing the dispute directly to properties and assets connected to the respondents in Nigeria.
The proceedings remain part of an ongoing legal dispute, with related matters continuing before courts in different jurisdictions.
