Advertisment
Saturday, February 4, 2023
  • About Us
  • Contact Us
  • TNG Board
  • TNG Investigation
TheNewsGuru
  • News
    • Nigeria
    • World
  • Politics
  • Entertainment
  • Sports
    • Football
  • Business
  • Technology
  • TNG InvestigationsNew
No Result
View All Result
TheNewsGuru
  • News
    • Nigeria
    • World
  • Politics
  • Entertainment
  • Sports
    • Football
  • Business
  • Technology
  • TNG InvestigationsNew
No Result
View All Result
TheNewsGuru
No Result
View All Result

Home » News » Sen. Ararume sues FG over alleged unlawful removal as NNPC Chair

Sen. Ararume sues FG over alleged unlawful removal as NNPC Chair

Ediri Oyibo by Ediri Oyibo
3 months ago
in News, Nigeria
Reading Time: 3 mins read
A A
0
APC guber candidate appears in court for alleged N700m fraud
276
SHARES
1.5k
VIEWS

Sen. Ifeanyi Ararume has instituted a N100 billion suit against the Federal Government at the Federal High Court, Abuja over his alleged unlawful removal as a non-Executive Chairman of the newly Incorporated Nigeria National Petroleum Company (NNPC).

Ararume is asking for N100 billion as damages caused him in the alleged unlawful and unconstitutional way and manner he was removed as the NNPC chief after using his name to incorporate the entity.

When the matter was called on Wednesday, one of Ararume’s counsel, Mr Chris Uche, (SAN) told the court that all parties in the matter had been served the necessary processes.

RecommendedReads

Just In: NBA Imo State Branches to boycott all courts from Monday to register their anger over murder of Judge

Just In: NBA Imo State Branches to boycott all courts from Monday to register their anger over murder of Judge

8 hours ago
1.5k
MURDER: Court sentences two ex-SARS officers to death

MURDER: Court sentences two ex-SARS officers to death by hanging

1 day ago
1.6k

The judge, Justice Inyang Ekwo, however, evoked provisions of Order 9 Rule 14 (2b) of the Rules of the Federal High Court that allows a judge to order a party whose presence in a matter is pertinent to join the matter.

Justice Ekwo ordered that the Corporate Affairs Commission (CAC) be joined as a party since the case had to do with interpretation of the Company and Allied Matters Act (CAMA).

There was no objection from any of the parties.

The judge adjourned the matter until Dec.15 for mention and ordered that the amended originating summons be served on parties before the adjourned date.

The suit marked, FHC/ABJ/CS/691/2022 was instituted on Ararume’s behalf by a group of Senior Advocates of Nigeria (SANs) comprising Messrs Chris Uche, Ahmed Raji, Mahmud Magaji, James Onoja, K.C Nwufor and Gordy Uche.

Meanwhile, Mr Alhassan Shuaibu, a Principal State Counsel from the Ministry of Justice, announced appearance for the Federal Government.

The former senator formulated four issues for determination by the court.

One of the issue was whether in view of the provisions of the Memorandum and Articles of Association of the NNPC, Companies and Allied Matters Act 2010 and the Petroleum Industry Act 2021, the office of the non executive chairman is not governed and regulated by the stated provisions of the law.

Ararume also asked the court to determine whether by the interpretation of Section 63 (3) of the Petroleum Industry Act 2021, the president could lawfully remove him as non executive chairman of the NNPC for any reason outside the provisions of the law.

He further asked the court to determine whether the president could sack him without compliance with expressly stated provisions of the Articles of Memorandum of Association of the Company, Section 63 (3) of the PI Act 2021 and Section 288 of the CAMA Act 2020.

Another issue for determination was whether his purported removal vide letter of Jan. 17 without compliance with expressly stated provisions of the law was not wrongful, illegal, null and void and of no legal consequence whatsoever.

The plaintiff asked the court to upon, determination of the issues in his favour, make a declaration that his position as non executive chairman of the NNPC was exclusively governed and regulated by CAMA 2020, PI Act 2021 and Memorandum of Association of the Company.

“A declaration that by the provisions of Section 63 (3) of the PI Act, CAMA Act and Memorandum of Association of the NNPC, the president cannot by will remove him from office as non executive chairman without following due process of the law.”

The former lawmaker asked the court for an order setting aside his removal by the president via a letter of Jan. 17 with reference number SGF.3V111/86.

He also asked the court for an order reinstating him and restoring him to office with all the rights and privileges of the office of the NNPC non executive chairman.

He further asked the court for an order nullifying and setting aside all decisions and resolutions of the NNPC board made in his absence from Jan. 17 till date.

He also asked for an order restraining the defendants from removing his name as director of the company.

He asked for N100 billion as damages for the wrongful removal, disruption and interruption of his term of office as non executive chairman of the NNPC.

In a 75 paragraph affidavit in support of the suit, Ararume averred that upon the passage of the Petroleum Industry Act 2021, the former NNPC and its subsidiaries were unbundled to become Nigeria National Petroleum Company registered with the Corporate Affairs Commission with number 1843987.

“On Oct. 20, 2021, the president approved my appointment as a non executive chairman for a period of initial five years and subsequently, my name registered in the Memorandum of Articles of the Company and the appointment was announced to the whole world.

“Based on the appointment, I attended the 23rd World Petroleum Congress in America but surprisingly on Jan. 7, the president inaugurated the NNPC Board without recourse to me while another person was named in (my) place.”

“By a letter of Jan. 17, I was informed of withdrawal of my appointment but without any reason whatsoever to justify the purpoted removal.”

The plaintiff asserted that he was not guilty of any pre- conditions for removal or adjudged medically unfit for the job.

He asserted that he had suffered loss of credibility and goodwill, untold emotional, mental and psychological trauma and public humiliation on account of his alleged unlawful removal.

He therefore prayed the court to award him N100 billion compensation and to order his return to office in line with the letter and conditions of his appointment.

Tags: CourtFGIfeanyi ArarumeNNPC
SendShare110Tweet69

Related Contents

Breaking: Again, bandits storm Abuja satellite town abduct four men
News

BREAKING: Okey Ahiwe emerges in Abia as PDP Governorship candidate

1 hour ago
1.5k
Bandits
News

SAD! Taraba monarch narrates how he found corpses of his abducted wives, 5 children

1 hour ago
1.5k
Fuel/Naira Scarcity: One Casualty, another injured as soldiers reportedly shoot at Ibadan protesters
News

Fuel/Naira Scarcity: One Casualty, another injured as soldiers reportedly shoot at Ibadan protesters

2 hours ago
1.4k
Load More

Trending News

  • Hawkers sell new Naira notes at Zaria motor park

    BREAKING: CBN extends use of old Naira notes

    581 shares
    Share 232 Tweet 145
  • BREAKING: Emir Sanusi is dead

    529 shares
    Share 212 Tweet 132
  • Alleged defection to PDP: I can’t leave my home to bush – Senate Leader reacts

    439 shares
    Share 176 Tweet 110
  • Trending video: WATCH moment bandit leader displays new notes amid scarcity

    416 shares
    Share 166 Tweet 104
  • 2023: U.S. announces visa ban on Nigerians

    532 shares
    Share 213 Tweet 133
  • Cash swap : Emefiele declares war on commercial banks, insists no more cash withdrawal across the counter except ATM

    374 shares
    Share 150 Tweet 94
  • (TNG Exclusive) Naira swap: Real reason Buhari endorsed CBN deadline extension emerges

    372 shares
    Share 149 Tweet 93
EPL: Wolves humiliate Liverpool, Manchester united defeat Palace to go 3rd
Sports

EPL: Wolves humiliate Liverpool, Manchester united defeat Palace to go 3rd

by Abimbola Fabunmi
1 hour ago
0
1.4k

Liverpool's inconsistent form continued following their 3-0 loss to Wolves away from home in week 21 game of the English...

Read more
Breaking: Again, bandits storm Abuja satellite town abduct four men

BREAKING: Okey Ahiwe emerges in Abia as PDP Governorship candidate

1 hour ago
1.5k
Bandits

SAD! Taraba monarch narrates how he found corpses of his abducted wives, 5 children

1 hour ago
1.5k
Breaking: Buhari receives Tinubu in Aso Rock as successor pressure mounts

2023 elections: President Buhari formally endorses Tinubu

2 hours ago
1.5k
Fuel/Naira Scarcity: One Casualty, another injured as soldiers reportedly shoot at Ibadan protesters

Fuel/Naira Scarcity: One Casualty, another injured as soldiers reportedly shoot at Ibadan protesters

2 hours ago
1.4k

News

Home Business

Archives

  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • October 2019
  • September 2019
  • July 2019
  • June 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • August 2018
  • July 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • February 2017
  • January 2017
  • December 2016
  • July 2013
  • About
  • About TNG
  • Account
  • AdPage
  • Advertise with us
  • ASUU
  • Breaking News, Politics, Entertainment, Gossip, Business and more – TheNewsGuru
  • Breaking News, Politics, Entertainment, Gossip, Business and more – TheNewsGuru – old
  • Breaking News, Politics, Entertainment, Gossip, Business and more – TheNewsGuru – old-old
  • Cart
  • Checkout
  • Contact Us
  • COVID-19 Live Update
  • Elections
  • EndSARS Report
  • Events
  • Explore
  • Home
  • Insurance
  • Latest
  • Login
  • Logout
  • My account
  • Password Reset
  • Popular
  • Post Packages
  • Register
  • Shop
  • TheNewsGuru – M
  • TNG Board
  • TNG Investigation
  • User

© 2022 Thenewsguru.com

No Result
View All Result
  • News
    • National
    • World
  • Columnist
  • TNG Investigations
  • Politics
  • Business
  • Entertainment
  • Tech

© 2022 Thenewsguru.com

targetBlank();
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
I Accept Cookies
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
I Accept Cookies