A Federal High Court in Abuja on Tuesday restored Senator
Ifeanyi Godwin Ararume as non-Executive Chairman of the Nigeria National
Petroleum Company Limited NNPCL.
The Court voided the sack of the businessman and set aside
the removal done on January 17, 2023, by President Muhammadu Buhari on the
ground that the action of the President was arbitrary, unlawful and illegal.
Justice Inyang Edem Ekwo in a judgment in a suit by Ararume
awarded N5bn against Buhari and the NNPCL to be paid to Ararume as damages for
the wrongful sack and disruption of his appointment.
Justice Ekwo ordered that Ararume be immediately restored to office as a 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.
Justice Ekwo held that Buhari acted ultra vires, wrongful,
illegal, null and void in the ways and manners Ararume was sacked after using
his name to register NNPCL and that such a brazen act cannot stand in the face
of the law.
Ararume had dragged Buhari before the Court praying it to
declare his removal as NNPC Chief illegal, unlawful and unconstitutional and
that it is a total breach of CAMA law under which NNPCL was incorporated.
Apart from asking the court to issue an order to return him
to office, Ararume also demanded N100 billion as compensation for the damages
he suffered nationally and internationally in the unlawful way and manner his
removal was carried out by President Buhari.
Details later…
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