Federal High Court, Abuja, on Tuesday, reversed the sacking of Senator Ifeanyi Ararume as the non-executive Chairman of the Nigerian National Petroleum Company Limited.
The court set aside his January 17, 2023 removal by President Muhammadu Buhari.
Ararume had dragged Buhari before the court, asking it to declare his removal as the NNPCL boss illegal, unlawful and unconstitutional and that it was a total breach of CAMA law under which the NNPCL was incorporated.
He had also prayed the court to issue an order to return him to office and also demanded N100 billion as compensation for the damages he suffered nationally and internationally.
Justice Inyang Ekwo, in his judgement, voided Ararume’s sacking and awarded N5bn as damages against Buhari and the NNPCL, to be paid for the disruption of Ararume’s appointment on the grounds that the action of the President was arbitrary, unlawful and illegal.
The judge also ordered that Ararume be immediately restored to office as the non-executive chairman of the NNPCL.
He further declared as null and void all decisions of the Board of Directors of the NNPCL carried out in Ararume’s absence.
Justice Ekwo held that Buhari acted ultra vires, wrongful, illegal, null and void in the ways and manners Ararume was sacked after using his name to register the NNPCL.
He added that such an act could not stand in the face of the law.