In commercial transactions, the success of a deal hinges on the integrity and reliability of the people involved.
Our client, Boaz Commodities Limited, entered into what appeared to be a straightforward fuel supply agreement with MMB Petroleum & Chemical Company Limited. The deal was simple: they would supply 2 million litres of Automotive Gas Oil (AGO), structured in two clear tranches, payment for the first million litres made upfront, with the balance due upon full delivery. It seemed like a secure arrangement.
So, our client paid ₦705 million. But the fuel never arrived.
Meanwhile, our client’s money sat with a supplier who had clearly no intention of delivering the promised product or returning the funds. That’s when we stepped in.
We initiated proceedings at the Lagos High Court. We crafted a robust litigation case focused on the facts: the payment made, the agreement entered into, the supplier’s default, and the damage to our client’s business. When the court encouraged both parties to consider alternative dispute resolution, we didn’t view mediation as just a formality. Instead, we approached it fully prepared, with a clear goal: to recover what our client was owed and bring this matter to a satisfying conclusion.
And it worked.
Terms of Settlement were reached between the parties. We then presented these terms to the court, which formally adopted them as the court’s judgment, granting our client a legally binding, enforceable resolution.
The dispute is over. The matter is closed.
If someone owes you money and refuses to pay, trust us to recover it for you.