Feb 18 • 00:45 UTC 🇳🇬 Nigeria Punch

AMNI confirms operations stable amid commercial dispute

AMNI International has assured stakeholders that operations remain stable despite ongoing legal disputes related to contract issues.

AMNI International has responded to recent media speculation following a Federal High Court ruling regarding a commercial dispute tied to its business contracts. In a statement issued by its Executive Director for Legal Services, Olayinka Olafimihan, the company emphasized that the matter is purely a civil commercial dispute regarding contractual claims and unequivocally stated that there are no findings of insolvency against the organization. This clarification aims to mitigate concerns surrounding the firm’s financial health following the court decision.

In light of the Federal High Court ruling, AMNI has opted to exercise its right to appeal and has filed the requisite applications in compliance with the legal procedures. The company has initiated the appeal process, indicating its commitment to contest the ruling through established judicial channels. This step underlines AMNI's proactive stance in handling legal matters and ensuring that its claims are addressed appropriately.

Despite the ongoing legal challenges, AMNI has reassured its stakeholders that business operations are stable and continue without interruption. The firm maintains its obligations to employees, partners, vendors, and regulatory authorities, reflecting a dedication to uphold its commitments and manage its affairs effectively even amidst disputes. This assurance is crucial not only for maintaining operational integrity but also for preserving stakeholder confidence during this period of uncertainty.

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