The federal high court Abuja on Tuesday,reversed the sack of Senator Ifeanyi Ararume as NNPCL Chairman, awards N5bn against Buhari, NNPCL.
The Abuja Court voided the sack and removal of Ararume as non Executive Chairman of the Nigeria National Petroleum Company Limited (NNPCL) by President Muhammadu Buhari describing it as arbitrary, unlawful and illegal.
In his judgment on Tuesday, Justice Inyang Ekwo set aside the removal of Senator Ararume on January 17, 2023 to his position awarded N5 billion against Buhari and NNPCL to be paid to Ararume as damages for the wrongful sack and disruption of his appointment.
Justice Ekwo ordered that Ararume be immediately restored to office as non Executive Chairman of the NNPCL.
The Judge also declared as null and void all decisions of the Board of Directors of the NNPCL carried out in the absence of Ararume.
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 NNPCL and that such brazen act cannot stand in the face of the law.
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Ararume had dragged Buhari before the Court praying it to declare his removal as NNPC Chief illegal, unlawful and unconstitutional and that it is a total breach of CAMA law under which NNPCL was incorporated.
Apart from asking the court to issue an order to return him to office, Ararume also demanded N100 billion as compensation for the damages he suffered nationally and internationally in the unlawful way and manner his removal was carried out by President Buhari.