President Buhari To Pay N5 Million Fine Over Illegal Action

<h4>President Buhari To Pay N5 Million Fine<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that a Court has reversed Buhari’s sack of Ararume as NNPCL Chairman&period;<&sol;p>&NewLine;<p>The Federal High Court in Abuja on Tuesday restored Senator Ifeanyi Godwin Ararume as non-Executive Chairman of the Nigeria National Petroleum Company Limited NNPCL&period;<&sol;p>&NewLine;<p>The Court voided the sack of the businessman and set aside the removal done on January 17&comma; 2023&comma; by President Muhammadu Buhari on the ground that the action of the President was arbitrary&comma; unlawful and illegal&period;<&sol;p>&NewLine;<p>Justice Inyang Edem Ekwo in a judgment in a suit by Ararume awarded N5bn against Buhari and the NNPCL to be paid to Ararume as damages for the wrongful sack and disruption of his appointment&period;<&sol;p>&NewLine;<p>Justice Ekwo ordered that Ararume be immediately restored to office as a non-Executive Chairman of the NNPCL&period;<&sol;p>&NewLine;<p>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&period;<&sol;p>&NewLine;<p>Justice Ekwo held that Buhari acted ultra vires&comma; wrongful&comma; illegal&comma; null and void in the ways and manners Ararume was sacked after using his name to register NNPCL and that such a brazen act cannot stand in the face of the law&period;<&sol;p>&NewLine;<p>Ararume had dragged Buhari before the Court praying it to declare his removal as NNPC Chief illegal&comma; unlawful and unconstitutional and that it is a total breach of CAMA law under which NNPCL was incorporated&period;<&sol;p>&NewLine;<p>Apart from asking the court to issue an order to return him to office&comma; 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&period;<br &sol;>&NewLine;Source&colon; Daily Post<&sol;p>&NewLine;