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.
Justice Inyang Ekwo also awarded N5 billion as damages against President Muhammadu Buhari and Nigeria National Petroleum Company Limited (NNPCL) for illegal removal of Ararume.
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.
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.
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 the NNPCL and that such an act could not stand in the face of the law
