Close Menu
The Prime Times
  • Home
  • NEWS
  • POLITICS
  • BUSINESS
  • EDUCATION
  • OPINION
  • TRAVELS
  • INTERVIEW
  • ENTERTAINMENT

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

FG Arraigns Senator Natasha Over Alleged False Assassination Claims Against Senate President Akpabio, Ex-Governor Bello

June 20, 2025

Truth on Trial: Prof. Isiaka Aliagan Champions Ethical Journalism in the AI Age at Unilorin Lecture

June 19, 2025

United Foam Products Nigeria Ltd. Issues Disclaimer on Missing Person’s Affiliation

June 19, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Prime Times
Subscribe
  • Home
  • NEWS
  • POLITICS
  • BUSINESS
  • EDUCATION
  • OPINION
  • TRAVELS
  • INTERVIEW
  • ENTERTAINMENT
The Prime Times
Home»News»Ararume files N100b suit against Buhari over removal as NNPC chair
News

Ararume files N100b suit against Buhari over removal as NNPC chair

admin@theprimetimesBy admin@theprimetimesNovember 10, 2022No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email

Senator Ifeanyi Ararume has filed a N100 billion suit against President Muhammadu Buhari at the Federal High Court in Abuja over his alleged unlawful removal as Non-Executive Chairman of the newly Incorporated Nigerian National Petroleum Company (NNPC). He is demanding the lump sum as compensation for damages suffered due to the development.

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

In the litigation, Ararume formulated four issues for determination by the court, among which is whether in view of the provisions of the Memorandum and Article of Association of the NNPC, Companies and Allied Matters Act 2010 and Petroleum Industry Act (PIA) 2021, the office of the Non-Executive Chairman is not governed and regulated by the extant provisions.

He is also asking the court to determine whether by the interpretation of Section 63 (3) of the PIA, the President can lawfully remove him as Non-Executive Chairman of the NNPC for any reason outside provisions of the law.

The plaintiff also wants the court to determine whether Buhari can sack him without compliance with expressly stated provisions of the Article of Memorandum of Association of the Company, Section 63 (3) of the PIA and Section 288 of the CAMA Act 2020.

Also listed for determination is whether his purported removal vide letter of January 17, 2022 without compliance with expressly stated provisions of the law is not wrongful, illegal, null and void and of no legal consequence whatsoever.

Upon the determination of the issues in his favour, the plaintiff wants the court to make declaration that his position as Non-Executive Chairman of the NNPC is exclusively governed and regulated by CAMA 2020, PIA 2021 and Memorandum of Association of the Company.

Also, a declaration that by the provisions of Section 63 (3) of the PIA, 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.

Ararume, therefore, prayed for an order setting aside his removal by Buhari vide letter of January 17, 2022 with reference number SGF.3V111/86. He also sought order reinstating him forthwith and restoring him to office with all the appurtenant rights and privileges of the office of the NNPC Non-Executive Chairman.

The Imo politician further demanded for nullification and setting aside of all decisions and resolutions of the NNPC Board made in his absence from January 17, 2022 till date and another order restraining the defendants from removing his name as a director of the company.

The N100 billion the applicant requested is damages for the alleged 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 passage of the PIA, the former Nigerian National Petroleum Corporation (NNPC) and its subsidiaries were unbundled to become Nigerian National Petroleum Company registered with the Corporate Affairs Commission (CAC) with number 1843987.

That on October 20, 2021, President Buhari approved his appointment as a Non-Executive Chairman for a period of initial five years and subsequently, his name registered in the Memorandum of Articles of the Company and the appointment announced to the whole world.

Based on the appointment, the applicant averred that he attended the 23rd World Petroleum Congress in the United States of America, but surprisingly, on January 7, 2022, Buhari inaugurated the NNPC Board without recourse to him, while another person was named in his place.

By a letter of January 17, 2022, he was informed of withdrawal of his appointment but without any reason whatsoever to justify the purported removal.
Plaintiff asserted that he was not guilty of any pre-condition for removal and was never declared bankrupt or adjudged medically unfit for the job.

Based on the unlawful act of the defendant, plaintiff said the action has fuelled public suspicion and rumours against his person. Subsequently, Ararume asserted that he has suffered loss of credibility and goodwill, untold emotional, mental and psychological trauma and public humiliation, degradation and embarrassment by his purported removal by President Buhari.

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

At yesterday’s proceedings, Justice Inyang Edem Ekwo ordered that CAC be joined as a party following no objection from Chief Chris Uche (SAN), who stood for Ararume and Alhasan Shuaib represented the President

The judge, subsequently, fixed December 15 for further mention of the suit and ordered that the amended originating summons be served on parties before the next adjourned date.

Source: Guardian.ng

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleINEC summons emergency security meeting over destruction of 65,000 PVCs
Next Article Anxiety in PDP as Wike’s camp visits Bauchi governor
admin@theprimetimes
  • Website

Related Posts

Truth on Trial: Prof. Isiaka Aliagan Champions Ethical Journalism in the AI Age at Unilorin Lecture

June 19, 2025

United Foam Products Nigeria Ltd. Issues Disclaimer on Missing Person’s Affiliation

June 19, 2025

Don’t Blame Tinubu – Babalola Says Nigeria’s Woes Began Before 1999

June 18, 2025

Parliament is the Soul of Democracy — Saraki Hails 26 Years of Nigeria’s Democratic Journey

June 17, 2025
Leave A Reply Cancel Reply

Recent Posts
  • FG Arraigns Senator Natasha Over Alleged False Assassination Claims Against Senate President Akpabio, Ex-Governor Bello June 20, 2025
  • Truth on Trial: Prof. Isiaka Aliagan Champions Ethical Journalism in the AI Age at Unilorin Lecture June 19, 2025
  • United Foam Products Nigeria Ltd. Issues Disclaimer on Missing Person’s Affiliation June 19, 2025
  • Former President Obasanjo, Governor Inuwa Yahaya Commission Ultra-Modern Processing Factory in Gombe June 18, 2025
  • Don’t Blame Tinubu – Babalola Says Nigeria’s Woes Began Before 1999 June 18, 2025
Our Picks

October 18th: World Inherited Blood Disorders Day – GANSID

October 17, 2024

Ajia Congratulates Newly Appointed Ilorin Emirate Traditional Leaders

August 25, 2024

May Day: Tinubu Pledges Better Living Conditions, Salutes Nigerian Workers

May 1, 2024

Hajia Fatimata Aliagan: Celebrating An Iconic Woman of Virtues @ 50th

February 18, 2024
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
News

JUSUN strike: Police in Lagos decongesting cells – PPRO

By admin@theprimetimesJune 8, 20210

The police in Lagos have devised means to decongest its cells amidst the prolonged strike…

Air cargo bureaucracy, charges stifle $250bn agro-export industry

August 31, 2021

Court grants NDLEA’s request to detain Kyari, others for 14 days

February 23, 2022

Nigerian firm completes acquisition of Shoprite

June 2, 2021

Subscribe to Updates

Get the latest creative news from The Prime Times.

About Us
About Us

The Prime Times, to be known and called The Prime is founded in the year 2020 and it is being published by Nigeria ArtsDaily Media and Publishing Company Limited

Continue>>>

Editor's Picks

October 18th: World Inherited Blood Disorders Day – GANSID

October 17, 2024

Ajia Congratulates Newly Appointed Ilorin Emirate Traditional Leaders

August 25, 2024

May Day: Tinubu Pledges Better Living Conditions, Salutes Nigerian Workers

May 1, 2024
New Comments
  • https://ukrain-Forum.biz.ua on FG Organises Special Lecture, Juma’at Prayer In Commemoration of June 12, Democracy Day
  • James Luka on Where Is Nigeria’s Tourist Industry – Especially Targeting Diaspora?
  • Prime Times on Saraki Made Everyone Who Worked with Him Better than He Met Them – Hon. Moshood Bakare
  • Ayo Abdul oganija on Saraki Made Everyone Who Worked with Him Better than He Met Them – Hon. Moshood Bakare
Facebook X (Twitter) Instagram Pinterest
  • About
  • Contact
  • Advertise
© 2025 The Prime Times. Designed by Chancerbyte.

Type above and press Enter to search. Press Esc to cancel.