Court reinstates Ararume As NNPCL non-Executive Chairman


 

Justice Inyang Ekwo of the Federal High Court in Abuja has reinstated Ifeanyi Ararume as the non-executive Chairman of the Nigerian National Petroleum Corporation Limited (NNPCL).


The judge also nullified and set aside all decisions and resolutions of the Board of the NNPCL made in the absence of Ararume from 17th January 2022 till date.


The court further awarded the sum of 5billion naira in his favour of Ararume as damages for his wrongful removal and interruption of the term of office as the non-executive chairman of the NNPCL.


CKN NEWS

Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

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