In recent days, a group of lawyers has reportedly attempted to mislead the judiciary by circulating false claims against Sujimoto Construction Limited. Central to their effort is a disputed claim of ₦24 million, which they used to obtain an ex parte court order against the multi-billion-naira company, in what appears to be a bid to force Sujimoto into administration and tarnish its reputation.
Sujimoto criticized the attempt, noting that it is absurd for individuals with no experience in construction to try and undermine a company they did not build. Some even secured misleading court orders, hoping to weaponize legal processes against Sujimoto.
The company firmly denies owing the alleged debt. In line with due process and to prevent abuse of the judicial system, Sujimoto has lodged a bank draft for the disputed amount under protest, pending the court’s determination. Legal motions filed by Sujimoto have suspended any purported powers of administrators until a final decision is reached.
According to Sujimoto, the ex parte orders were obtained through misleading claims that the company was financially distressed. The company has since presented evidence demonstrating its operational strength and the billions it has paid in obligations over the past year. No court with access to full facts would issue such disruptive orders against a financially sound company.
A formal petition is reportedly underway against those involved in the orchestrated attempt, with Sujimoto determined to hold the responsible parties accountable.
Dr. Sijibomi Ogundele, GMD/CEO of Sujimoto, emphasized the company’s commitment to integrity and transparency, stating that it remains on track to settle all outstanding bank loans and commercial obligations by April 2026. In the last 12 months alone, Sujimoto has paid over ₦10 billion to creditors, including banks, investors, and government agencies. Notably, the company voluntarily repaid ₦1.28 billion to the Enugu State Government over a disputed contract still pending in court.
Ogundele highlighted that debt is a normal part of business, and Sujimoto’s financial position remains strong, with assets valued at over ₦90 billion and liabilities representing less than 10% of its total assets. The company’s Triple BBB+ Investment Grade rating from DataPro confirms its financial stability.
Sujimoto reaffirmed that it will continue to meet its obligations directly with creditors in a transparent and disciplined manner. Any attempts to exploit or misrepresent the company will be legally challenged.
For over twelve years, Sujimoto has built a foundation of integrity, employing over 745 skilled professionals and supporting thousands of Nigerian households through wages totaling more than ₦7 billion. The company has consistently prioritized discipline, transparency, and the long-term vision of African excellence in real estate and development projects, including iconic structures such as Giuliano, LucreziaBySujimoto, Sujimoto Twin Tower, Queen Amina, and LeonardoBySujimoto, alongside advanced agro-tourism and housing initiatives.
Sujimoto remains committed to defending its reputation, protecting stakeholders, and ensuring that its legacy and contributions to Nigeria’s development cannot be undermined by false claims or opportunistic actors.
