NNPC Ltd wins major legal battle, avoids ₦5 billion payout
The court found that the Federal High Court’s judgment was flawed, agreeing with NNPC Ltd.’s argument that the case was statute-barred
Tag: Federal High Court
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Management confirms Egbin Power Plc, Ikeja Electric Plc, and First Independent Power Ltd are not in Receivership
Egbin Power, First Independent Power, and Ikeja Electric remain fully operational, financially stable, and firmly under the control of their legitimate management
1,200 host communities slam Shell for breaching court order, demand N505 billion compensations
The community has a pending lawsuit against Shell, which it accuses of causing an oil spill that damaged waterways and farms.
Court stops FG from auctioning 11 abandoned oilfields
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.