NEWS DIARY
The Federal High Court, Abuja has declared the sack of Sen. Ifeanyi Ararume by the Federal Government as Non-Executive Chairman of the Nigeria National Petroleum Company Limited (NNPCL) as illegal and unlawful.
Delivering judgment in the matter on Tuesday, Justice Inyang Ekwo, said that his removal was unconstitutional and as such the court restored him as the Non- Executive Chairman of the company with full benefits.
The judge also awarded N5 billion against the federal government and NNPCL in favour of Ararume as damages for what he suffered on account of the wrongful sack and disruption of his appointment.
Justice Ekwo ordered that Ararume be immediately restored to office as non Executive Chairman of the NNPCL.
The court also declared as null and void and set aside all decisions that were taken by the Board of Directors of the NNPCL after Ararume’s sack.
The court said that the government acted ultra vires, wrongful, illegal, null and void in the way and manner Ararume was sacked after using his name to register the company…
