NNPCL: Court declares Araraume’s sack illegal

The Federal High Court, Abuja has declared the sack of Senator Ifeanyi Araraume as Non-Executive Chairman of the Nigeria National Petroleum Company Limited (NNPCL) as illegal and unlawful.
Delivering judgement 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 set aside every decision taken by the board that was appointed after Araraume’s removal.
Justice Ekwo awarded N5 billion as damages in favour of Araraume.
Araraume sued the Federal Government, praying the court to declare his sack as NNPC board chairman illegal, unlawful and unconstitutional.
He contended that his removal by vide letter January 17, 2022 with reference number SGF. 3V111/86 was a violation of the CAMA law under which NNPCL was incorporated.
Apart from asking the court to issue an order to return him to office, Araraume also demanded for N100 billion as compensation for the damages he suffered following the unlawful removal.