Egbin Power, First Independent Power, and Ikeja Electric remain fully operational, financially stable, and firmly under the control of their legitimate management
The community has a pending lawsuit against Shell, which it accuses of causing an oil spill that damaged waterways and farms.
The companies whose licenses were revoked appealed the decision of the Nigerian Department of Petroleum Resources and the federal high court granted this week an injunction, preventing the government from auctioning off the 11 oilfields “pending the determination of the substantive suit.
