Femab Properties faces Shell East Limited N96 million winding-up case April 29

The Federal High Court in Lagos has fixed April 29, 2026, to hear all processes connected to a winding-up case filed by Shell East Staff Investment Cooperative Society Limited against a real estate firm, Femab Properties Limited, over an alleged outstanding N96 million debt.

Nairametrics gathered that Justice Deinde Isaac Dipeolu rescheduled the hearing on pending applications to April 29 on Wednesday.

Femab Properties Limited is a Nigerian-based real estate development and investment company, while  Shell East Staff Investment Cooperative Society Ltd (CoopEast) is a registered cooperative society that serves its members who are employees and retirees of Shell Companies in Nigeria through commodity sales, housing schemes, among others.