An oil firm Matrix Energy

Matrix Energy Sues Media Outlets For N20bn Over ‘Dirty Petrol’ Claims, Demands Retraction, Apology

An oil firm, Matrix Energy and its Chief Executive Officer, have filed a N20bn suit against two media platforms before a High Court of the Federal Capital Territory (FCT), Abuja, as damages for alleged libelous allegations and publications against them.

The firm, Matrix Energy and its CEO, Alhaji Abdulkadir Adisa Aliu, In a suit, through their Counsel, Dr Ahmed Raji, SAN, are praying the court for an order restraining two media houses, BusinessDays Media Limited and Cable Media and Publishing Limited from further publishing libelous report against them.

Also joined in the matter with suit number CV/3718/2024 and CV/3719/2024 are the authors of the alleged offensive reports, Olalekan Fakoyejo and Abubakar Ibrahim.

The claimants, the media houses in their separate publications, accused them of importing low grade fuel from Malta into the country.

The claimants are seeking N10b each as damages from the two media companies and an additional N200million each as the cost of filing the suit.

In the suit, BusinessDay was said to have reported the following through their media platforms: “From Russia to Malta: How Matrix Energy imports dirty petrol.

“Leaked documents and extensive interviews with sources have unveiled how Africa‘s biggest oil-producing country has been importing substandard petroleum products from Malta, a country with no known oil refineries.

“The confidential files, obtained by BusinessDay, detailed a complex scheme involving the importation of low-quality petroleum petrol from Russia to Malta for blending before being shipped to Nigeria.

“One of the leaked documents suggests Matrix Energy, a company with both upstream and downstream operations, has been importing blended low-grade petroleum products with higher-quality fuel before distributing it to the Nigerian market.

“Findings further showed that Matrix Energy owns a 150 million litre _ capacity depot in Warri (Bluefin Depot), three old ships (Matrix Pride, Matrix Triumph, Matrix S.ILU), and about 600 trucks.

“They are very active in the import of Russian products through various blending locations,” a senior source involved in the shipping business told BusinessDay”.

On its Cable news was said to have reported, “REVEALED: Tinubu’s economic council member behind petrol imports from Malta, Russia. Nigeria was awash with news recently about the quantum leap in the quantity of fuel imports from Malta after revelations by Aliko Dangote, chairman of Dangote Petroleum Refinery.

“In 2023, Nigeria’s petroleum importation from Malta surged significantly to $2.8 billion, compared to zero between 2017 and 2022, and a mere $13.32 million in 2016.

“Mele Kyari, the group chief executive officer (GCEO) of Nigerian National Petroleum Company Ltd (NNPCL), immediately denied Dangote’s claim, saying he did not have interest in any plant in Malta. TheCable can now reveal the identity of one of the biggest importers via the tiny European country.”

The claimants, through their Counsel prayed the court for the following:A declaration that the publication made by the Defendants on the 17th day of August, 2024 with the caption: “From Russia to Malta: How Matrix Energy imports dirty petrol through the 2nd Defendant’s Newspaper “BusinessDay”, is false, malicious, libelous and defamatory of the Claimants.

“An order of this Honourable Court compelling the Defendants to forthwith delete or cause to be deleted the libelous/defamatory words contained in their publication of August 17, 2024 with the caption: “From Russia to Malta: How Matrix Energy imports dirty petro!” as published through the 2nd Defendant’s Newspaper “BusinessDay”.

“An order of this Honourable Court compelling the Defendants to immediately and wholly retract the libelous/defamatory words contained in their publication of 17th day of August, 2024 with the caption: “From Russia to Malta: How Matrix Energy imports dirty petrol” as published through the 2nd Defendant’s Newspaper “BusinessDay”, tender unreserved apology to the Claimants via the same Newspaper “BusinessDay” for the defamatory remarks contained in the said publication, and publish same apology in at least three major National Dailies of the Claimants’ choice.

“An order of this Honourable Court directing the Defendants to pay to the Claimants the sum of N10,000,000,000.00, only as damages, for the libelous/defamatory words contained in their publication of 17” day of August, 2024 with the caption: “From Russia to Malta: How Matrix Energy imports dirty petrol” as published through the 2nd Defendant’s Newspaper “BusinessDay”.

“An order of perpetual injunction restraining the Defendants, their Servants, agents, or privies from further publishing libelous or any other defamatory words/stories about the Claimants or from further inferring in any manner whatsoever to the Claimants’ reputation.

“The sum of N200, 000, 000.00, only being the cost of litigation for this suit and which cost include professional fees of Counsel engaged by the claimants, in consequence of the defamation of the claimants’ character by the Defendants as aforesaid.”