…Awards N5bn damages to Ararume
An Abuja Federal High Court has declared the sack of Sen. Ifeanyi Ararume as Non-Executive Chairman of Nigeria National Petroleum Company Limited (NNPCL) as illegal and unlawful.
While delivering his judgment in the matter on Tuesday, Justice Inyang Ekwo said that his removal was unconstitutional and as such the court restored him forthwith as the Non- Executive Chairman of the company with full benefits.
The judge also set aside every decision taken by the board that was appointed after Ararume’s removal.
Justice Ekwo awarded N5 billion as damages in favour of Ararume.
The News Agency of Nigeria(NAN) reports that Ararume sued the Federal Government, praying the court to declare his sack as NNPC board chairman illegal, unlawful and unconstitutional.
He contended that his removal through a letter dated January 17, 2022 with reference number:SGF. 3V111/86 was a violation of the CAMA law under which NNPCL was incorporated.
Ararume asked the court to issue an order to return him to office and further demanded for N100 billion compensation for the damages he suffered following the unlawful removal.
(NAN)
