Tuesday, June 16, 2026

The Sun Nigeria

Court appoints administrator for Sujimoto Holdings

Court

By Zika Bobby

The Federal High Court has appointed Omobolaji Bello as the Administrator of Sujimoto Holdings Limited.

The order, effective November 14, 2025, was made pursuant to the Companies and Allied Matters Act (CAMA) 2020.

Under the court-ordered administration, Bello assumes the role of Chief Restructuring Officer (CRO), and has taken full oversight and control of the company’s business, assets, and affairs.

Bello’s mandate includes stabilising operations, preserving enterprise value, and implementing a structured turnaround and performance improvement programme for the company.

It said in a statement: “The company continues to engage clients, customers, suppliers, and partners in the ordinary course of business, under the supervision of the CRO and appointed professional advisers.

“As part of the restructuring process, all creditors, suppliers, and persons with claims against the company have been formally notified to submit their claims.

“Verified claims, together with supporting documentation and contact details, must be submitted to the Office of the Chief Restructuring Officer within seven days.”

The company warned that claims not received within the stipulated timeframe may be deemed forfeited and excluded from consideration in the ongoing restructuring process.