Officials of the Federal High Court have commenced enforcement proceedings against properties belonging to Alhaji Abdulrahman Musa Bashar, Chairman of the Rahamaniyya Group of Companies, following a $40 million debt judgment awarded to energy firm Petrichor Energy FZCO.
The enforcement exercise was executed across Lagos and Abuja following a February 25, 2026, ruling by the Federal High Court in Lagos, which registered a judgment against Bashar originally delivered by the High Court of Justice of England and Wales.
Subsequent writs of attachment and sale issued in May directed law enforcement and court bailiffs to seize and sell assets linked to Bashar, his firm, and Ultimate Oil & Gas FZCO—the UAE-registered offshore trading arm of the Rahamaniyya Group.
The operation hit resistance at a property on Logone Close, Maitama, Abuja, where Bashar’s legal counsel, Mohammed Sheriff, challenged enforcement officers over documentation.
Sheriff argued that his client was not properly served with a Motion on Notice giving him 14 days to respond or seek to set aside the registered judgment under Nigerian law. He also claimed that active settlement negotiations were underway, stating that Bashar had paid ₦1 billion toward the debt.
Tensions escalated at the Maitama residence when associates attempted to drive luxury vehicles out of the premises, including a Range Rover Sport, Mercedes-Benz C-Class, and Toyota Highlander SUVs, prompting police to temporarily close the gates before the vehicles departed.









