Take Trading workers protest at debtor’s premises – The Sun Nigeria

By Adebowale Johnson

the The business relationship between two partners, Took Trading Company, an offshore support services company, and Century Group, owners of Century Energy, has recently turned sour over an alleged debt of 20 million naira owed by the latter.

This was displayed when Took workers staged a protest at the Century Group premises in Lagos displaying placards with the various inscriptions, such as “Century Energy stop the corporate bullying”, “We have waited a long time and “Pay us our money”, among others. The staff alleged that Century Energy owed their company more than 20 million naira and caused the non-payment of their wages.

One of the protesters, who went by the name of Chikezie, said: ‘I haven’t been paid since November because my company supplied the business but they didn’t pay us.

Managing Director of Took Trading, Mr Toju Okoro, speaking to reporters, said he was aware of the protest, admitting he was unable to pay his staff because the money for supplies made to Century Energy had not been paid.

Okoro noted that his company has supplied 125,000 liters of AGO to Century Energy at N36,259,500 since November, regretting that after the initial payment of N15,740,000 nothing has been heard of the balance. He said numerous correspondences had been sent to Century Energy for the balance, to no avail, noting that the hardships the oil services company had imposed on his business justified the protest of its staff.

In response, Mr. Ayebatari Wilson, Procurement Manager at Century Energy, under whose office the deal was struck, admitted that his company was indebted to Took Trading, but blamed the delay on the slow response from their own customer, who should have paid them. that they also pay Took Trading.

“Century did not say they would not pay. Century is also owed by other customers.

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“We carry out the contracts on behalf of the supplier. When the customer does not pay, it becomes a problem between us and the seller.

“We’re a big company so we can’t walk into our client’s office with signs like they have now as we review the relationship.

“I understand Toju because he is not a big businessman like Century, so any small money tied up is like tying up his capital, I get that.

“The problem is that they told Mr. Toju that they had paid us. They didn’t pay us completely and we went back and forth with them. Unfortunately, it’s not just Took Trading but there are also other sellers like that and they are fussing. Century should have been carrying signs to customers to pay us our money, but we can’t; they are smaller and we can understand why they have to do this.

“There is an arrangement to settle the debt but I don’t want to discuss it now; when we meet him, we will tell him the arrangement on the ground to settle this.

“I told Toju on a friendly note to be calm because we are seriously working on how we can force customers to pay us, but I understand his position,” he said.