Eroton Clarifies Misinformation Regarding Alleged Court Order
Recent publications in certain national dailies have raised concerns about the appointment of Mr. Amala Umeike as Administrator of Eroton Exploration and Production Company Limited. These reports suggest that the appointment was made under an Order from the Federal High Court, Lagos Judicial Division, dated 29 January 2026. However, Eroton has issued a clear statement to address these claims.
Eroton emphasizes that it has received informed legal advice confirming that the purported action is baseless, irregular, and lacks merit. The company has always operated within the boundaries of the law and has consistently engaged with the Lagos State Inland Revenue Service (LIRS) in good faith to ensure compliance with its statutory obligations.
Legal Process and Due Diligence
According to Eroton, there has been no formal demand notice or other statutory precondition served on the company regarding the alleged tax liability before the commencement of the action or the procurement of the interim order. This lack of due process has rendered the entire procedure fundamentally flawed.
The company has taken immediate steps to address this issue by instructing its legal advisers to urgently approach the courts. The goal is to set aside the interim order and seek appropriate injunctive and declaratory reliefs to preserve the status quo while the substantive motion on notice is being heard and determined.
Assurance to Stakeholders
Eroton wishes to reassure its Joint Venture partners, regulators, lenders, contractors, and all other stakeholders that there is no cause for alarm. The Board and Management of the company remain fully in control of its operations and affairs. They are actively managing the situation and ensuring that all necessary steps are taken to resolve the matter effectively.
Ongoing Engagement with LIRS
In the interim, constructive engagements are ongoing directly with the LIRS. Eroton remains confident that an amicable and mutually acceptable resolution will be achieved through these discussions. The company is committed to upholding its responsibilities and maintaining transparency throughout the process.
Conclusion
Eroton reaffirms its commitment to legal compliance and good corporate governance. The company will continue to work closely with relevant authorities and stakeholders to resolve any outstanding issues. It is essential for all parties involved to rely on accurate information and avoid spreading misinformation that could lead to unnecessary confusion or concern.
Eroton encourages anyone with questions or needing further clarification to reach out through official channels. The company remains dedicated to its operations and the interests of all its stakeholders.
