Court restores Ararume as NNPCL chairman
A Federal High Court sitting in Abuja has voided the removal of Senator Ifeanyi Ararume as the non-executive Chairman of the Nigeria National Petroleum Company Limited.
The court ruling on Tuesday set aside his removal by President Muhammadu Buhari on January 17, 2023.
Ararume had dragged Buhari before the court praying it to declare his removal as the NNPCL chief illegal, unlawful and unconstitutional and that it was a total breach of CAMA law under which the NNPCL was incorporated.
He had asked the court to issue an order to return him to office and demanded N100 billion as compensation for the damages he suffered nationally and internationally.
Delivering judgement, Justice Inyang Ekwo voided Arume’s sacking and awarded N5bn as damages against Buhari and the NNPCL, to be paid for the disruption of Arume’s appointment on the ground that the action of the President was arbitrary, unlawful and illegal.
The justice ordered that Ararume be immediately restored to office as the non-executive chairman of the NNPCL.
The judge also declared as null and void all decisions of the Board of Directors of the NNPCL carried out in the absence of Ararume.
Court overrules Buhari, restores Ararume as NNPCL chairman
Late COAS Lagbaja gets CFR honour, buried amid tributes The late Chief of Army…
Food price, transport fare hike push Nigeria's inflation to 33.88% Rising cost of living based…
Supreme Court dismisses 16 govs suit challenging EFCC legality The Supreme Court has dismissed the…
Executive Secretary FCDA Hadi Ahmad suspended indefinitely Executive Secretary, Federal Capital Development Authority FCDA,…
Just in: Rivers, Anambra high court judges suspended for one year The National Judicial…
Apomu king turns warmonger for PDP Tunde Odesola (Published in The PUNCH, on Friday, November…