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Topic: MRS Oil faces N7.3bn lawsuits in six months  (Read 714 times)

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MRS Oil faces N7.3bn lawsuits in six months
« on: July 30, 2024, 01:04:02 am »
MRS Oil faces N7.3bn lawsuits in six months

MRS Oil is grappling with a contingent liability of N7.3bn related to ongoing lawsuits as of June 30, 2024. This was disclosed in the company’s 2024 second-quarter financial statements. The oil marketing firm noted that the estimated liability associated with those litigations stood at N453.6m, as it instituted legal actions amounting to N388.7m. The firm


 
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