AMCON has discontinued its lawsuit against Heyden Petroleum Limited, a company owned by Ogun State Governor, Dapo Abiodun.

The organisation said this development puts an end to the legal proceedings between the federal debt recovery agency and the oil company.

AMCON in an official statement, said Heyden Petroleum has demonstrated good faith by making payments toward its obligations.

The corporation stated that Heyden Petroleum Limited has shown commitment to fulfilling its financial obligations, by actively making payments as per the agreed terms.

Consequently,
AMCON has dropped its pending litigation against Heyden Petroleum, specifically Suit No. FHC/AMC/67/2024, a case that has drawn public attention in recent months.

“AMCON and Heyden Petroleum Limited have settled all issues between them amicably,” AMCON said in its press release.