Court restores Ararume as NNPCL’s non-executive chairman
The Abuja Division of the Federal High Court has declared illegal the sack of Ifeanyi Ararume as non-executive chairman of the Nigeria National Petroleum Company Limited (NNPCL).
Judging in the matter on Tuesday, Justice Inyang Ekwo said Mr Ararume’s removal was unconstitutional and, as such, the court restored him as the company’s non-executive chairman with full benefits.
The judge also set aside every decision taken by the board that was appointed after Mr Ararume’s removal.
Mr Ekwo awarded N5 billion as damages in favour of Mr Ararume.
Mr Ararume sued the federal government, praying the court declared his sack as NNPC board chairman illegal, unlawful and unconstitutional.
He contended his removal by vide letter on January 17, 2022, with reference number SGF. 3V111/86 violated the CAMA law under which NNPCL was incorporated.
Apart from asking the court to issue an order to return him to office, Mr Ararume also demanded N100 billion as compensation for the damages he suffered following the unlawful removal.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Africa
Thousands in Sudan without medical care, food as fighting continues: UN
On Saturday, fighting broke out between the country’s two powerful generals and their respective units.
States
APC expels Danjuma Goje over anti-party activities
“He offered them his support against the interest of his party, the APC,” said Mr Abdullahi.
NationWide
Step down now, we want peace; Afenifere youths tell Adebanjo
“Baba (Fasoranti) said he is aware of all your asking for and he said you should not fight but allow peace to reign,” he said.
States
Gov. Okowa didn’t sign law on governors’ new pension benefits: Commissioner
He said that the detractors and opposition political candidates also alleged that the Okowa-led government sold the state Liaison Office in Lagos.
Lagos
Lagos fourth wealthiest city in Africa, seventy-two worldwide: Report
The report further detailed that Lagos has about 5,400 millionaires with a net worth of $1 million.
