• Latest
  • Trending
NETCO targets 5% increase in market shares, posts 137% increase in operating profit for 2023

NNPC seeks dismissal of Dangote refinery’s suit seeking withdrawal of its import licence

November 21, 2024
Police Rescue 10 Abducted NYSC Members As Search Continues

Police Rescue 10 Abducted NYSC Members As Search Continues

October 2, 2026
Nigeria’s Amos Dangut Assumes Office As WAEC Registrar/CEO

Nigeria’s Amos Dangut Assumes Office As WAEC Registrar/CEO

October 2, 2026
Obi Questions Tinubu’s Move To Block Records In Foreign Court

Obi Pledges To Spend Holidays In Nigeria If Elected In 2027

October 2, 2026
Family, friends gather for Olu Jacobs funeral in Lagos

Family, friends gather for Olu Jacobs funeral in Lagos

October 2, 2026
Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

Navy Rescues 2 Kidnap Victims, Recovers Engines In Akwa Ibom

October 2, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
UK Swears In New Attorney, Solicitor General

UK Swears In New Attorney, Solicitor General

October 2, 2026
FG Warns Nigerians Over Fake Passport Websites

UK Passport Intervention: 8,956 Nigerians Enrolled In 21 Days

October 2, 2026
Nigerian Pilgrim Dies In Makkah

2027 Hajj: Nigeria Gets Additional 10,000 Slots From Saudi Arabia

October 2, 2026
Carter Efe Beats Speed Darlington To Retain Celebrity Boxing Title

Carter Efe Beats Speed Darlington To Retain Celebrity Boxing Title

October 2, 2026
ADVERTISEMENT
  • Privacy Policy
    • Home
      • Contact Us
  • Advert Rates
Friday, October 2, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result
Home Business

NNPC seeks dismissal of Dangote refinery’s suit seeking withdrawal of its import licence

by Present Nigeria
November 21, 2024
in Business
0
NETCO targets 5% increase in market shares, posts 137% increase in operating profit for 2023
28
SHARES
56
VIEWS
FacebookTwitterWhatsappTelegram

The Nigerian National Petroleum Company (NNPC) Limited has filed a preliminary objection in response to a suit by Dangote Petroleum Refinery seeking the withdrawal of its import licence.

In a notice filed at the federal high court in Abuja, NNPC urged the court to dismiss the suit, citing lack of jurisdiction and the plaintiff’s alleged lack of legal standing.

RelatedPosts

Police Rescue 10 Abducted NYSC Members As Search Continues

Nigeria’s Amos Dangut Assumes Office As WAEC Registrar/CEO

Obi Pledges To Spend Holidays In Nigeria If Elected In 2027

The suit, marked FHC/ABJ/CS/1324/2024, was filed before Justice Inyang Ekwo on November 15. NNPC, represented by a legal team led by Kehinde Ogunwumiju, argued that the case was premature and failed to establish a cause of action.

The company also called for its name to be struck out from the suit, claiming it had been erroneously sued as a “non-existent entity.”

Supporting the objection, Isiaka Popoola, a clerk at Afe Babalola & Co., noted that the NNPC referenced in Dangote’s summons does not legally exist. He argued that the plaintiff sued an entity referred to as “Nigeria National Petroleum Corporation Limited,” which, according to a Corporate Affairs Commission (CAC) search, is not a registered entity.

Popoola further stated that the proper name of the company is Nigerian National Petroleum Company Limited, and only this name is legally valid for litigation. He maintained that the misrepresentation renders the suit incompetent and urged the court to dismiss it in the interest of justice.

In addition to NNPC, several oil marketers named in the suit, including AYM Shafa Limited, A. A. Rano Limited, and Matrix Petroleum Services Limited, have similarly asked the court to dismiss the case. Dangote Refinery’s initial request sought to void import licences issued to these companies and others, alleging that the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) violated provisions of the Petroleum Industry Act (PIA) in granting the licences.

Despite the ongoing legal dispute, Dangote Refinery has indicated plans to withdraw the lawsuit, which has been in court since June, by January 2025.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Like this:

Like Loading...

Related

Share11Tweet7SendShareShare2
Previous Post

EFCC arraigns three for allegedly stealing N29m

Next Post

My ex-husband ruined my career’ – Model Olajumoke Onibread

Related Posts

AON Condemns Attack On Airline Staffs, Calls For More Security At Airports

AON Threatens To Ground Flights Over Aviation Union Protests

September 29, 2026
NMDPRA warns independent marketers against infractions

Import Licence: Court Rules Against NMDPRA, Favours Marketers

September 29, 2026
Lekki Port Receives 1st LNG-powered Vessel

FG To Upgrade 4 Eastern Ports, Okays 6 New Deep Seaports

September 28, 2026
NETCO targets 5% increase in market shares, posts 137% increase in operating profit for 2023

NNPC Welcomes $800m FID On Ima Gas Project

September 26, 2026
Next Post
My ex-husband ruined my career’ – Model Olajumoke Onibread

My ex-husband ruined my career' - Model Olajumoke Onibread

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

Police Rescue 10 Abducted NYSC Members As Search Continues

Police Rescue 10 Abducted NYSC Members As Search Continues

October 2, 2026
Nigeria’s Amos Dangut Assumes Office As WAEC Registrar/CEO

Nigeria’s Amos Dangut Assumes Office As WAEC Registrar/CEO

October 2, 2026
Obi Questions Tinubu’s Move To Block Records In Foreign Court

Obi Pledges To Spend Holidays In Nigeria If Elected In 2027

October 2, 2026

© 2025 Present Nigeria. All Rights Reserved.

  • Privacy Policy
  • Advert Rates

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.

%d