The Nigerian National Petroleum Company Limited (NNPC) yesterday declared that it secured a court victory over the case brought against it by former federal lawmaker, Senator Ifeayin Ararume.
In a statement in Abuja by the national oil company, it disclosed that by winning the case it avoided damages to the tune of N5 billion.
THISDAY recalls that the case revolved around the appointment of Ararume, a former lawmaker and businessman, as a Non-Executive Chairman of the NNPC in September 2021, shortly after the Petroleum Industry Act (PIA) came into effect.