The District Circuit Court in Washington DC has dismissed Nigeria’s request for it to set aside its $8.9billion arbitration award against Nigeria over alleged breach of contract. The court presided over by Justice Christopher Cooper said the request was denied not only on ground that it was belated, but also that it sought the dismissal of the petition for the enforcement of the award. A government legal team led by the Attorney General and Minister of Justice, Abubakar Malami, left Nigeria on Wednesday morning to Washington DC to attempt to get the court to set aside the award against Nigeria.
The Special Courts designated in November 2017 to try corruption and financial crimes cases in the country have delivered 324 judgements, struck out 12 cases and reserved 62 cases for judgement in the last six months.
A Lagos Federal High Court, Friday, ordered that the Managing Director of Nigeria Railway Corporation (NRC), Mr. Fidet Okhiria, be remanded in prison custody for three months over the contempt of court.
The main subject of the dispute were two properties acquired by MFM in 2001 and 2004, both are located at 5503 and 5506 Church Road, Bowie. Equally in contention was the money used in building the MFMM church in Bowie.
The highest body in the legal profession, the Body of Benchers (BOB) isyet to consider the report of the committee chaired by Belgore JSC,(Olanipekun SAN, Ofodile SAN, and Lady Debbie) as the said report is not yet ready or ripe for consideration.
A Federal High Court, Abuja, has ruled that the National Assembly has the power to increase – or review upward – budget estimates laid before it by the executive.
Justice Ibrahim Buba of the Federal High Court, Lagos, yesterday convicted First Bank Plc, its chairperson, Ms Ibukun Awolaja, and the managing director, Dr. Adesola Adeduntan, over their refusal to honour the payment of N122 billion bond guaranteed by the bank. The conviction of the trio was as a result of the N122 billion judgement debt against Shell Petroleum Development Company (SPDC) in an oil spill suit filed by Ejama community in Ogoniland, Rivers State.
President Muhammadu Buhari on Wednesday evening named Mr Abiola, winner of 1993 presidential election that was annulled by former dictator Ibrahim Babangida, a holder of the Grand Commander of the Federal Republic, GCFR, 20 years after his death in 1998.
Justice C. A. Balogun of the Lagos High Court has declared Lagos-based nonagenarian lawyer, Pa Tunji Gomez, as a full beneficiary of the Estate of Chief T.A. Doherty. In a separate, but related matter, Justice Wasiu Animahun of the same court also entered judgment in Gomez’s favour in a N5.3million lawsuit.
The suspended Director-General of Nigerian Securities and Exchange Commission (SEC), Mounir Gwarzo, on Monday filed a suit before the National Industrial Court, Abuja, challenging his suspension by the Minister of Finance. Mr Gwarzo, who was suspended from office in November over alleged financial misappropriation, is seeking the court to determine some issues pertaining to the minister’s action.