PAN-SHAM PET BUILDING (FORMER FOAM FACTORY)

The property is an industrial building

NO. 106/108 BROAD STREET, LAGOS ISLAND, LAGOS

A purpose-built 13 (Thirteen) floors high-rise concrete frame office structure

Rigs Onome and Oritsetimeyin

Rigs Onome and Oritsetimeyin are part of the Eligible Bank Assets (EBAs) under Asset Management Corporation of Nigeria’s (AMCON) asset portfolio, acquired pursuant to AMCON’s statutory powers and mandate under the AMCON Act (as amended). The Rigs were acquired through a Loan Purchase and Limited-Service Agreement (‘LPLSA’) dated 2/1/12, with which AMCON bought over First Bank of Nigeria’s (‘FBN’) loan rights and the assets charged, mortgaged, or pledged as security with respect to the unpaid debt of Seawolf Oilfield Services Ltd. (now Seawolf Oilfield Services Ltd. (in receivership) (“Seawolf”) owed to FBN.

2.174 Ha Esuk Utan

Bare Land

KM 46, BENIN-AUCHI ROAD, EHOR, EDO STATE

KM 46, BENIN-AUCHI ROAD, EHOR, UHUNMWONDE LGA, EDO STATE