"I Need N100bn": President Buhari Speaks as Court Orders Him to Pay NNPC Chairman Ararume N5bn

• President Buhari has reacted to a court ruling reinstating Ifeanyi Ararume as the Chairman of the Nigerian National Petroleum Corporation Limited
• The court also ordered Buhari to pay N5 billion in damages to Ararume, including other benefits
• But Buhari believes that his decision to remove Ararume was based on genuine concerns

President Muhammadu Buhari has broken his silence over the recent court ruling that reinstated Ifeanyi Ararume as the Nigerian National Petroleum Corporation Limited (NNPCL) Chairman.

Ararume, who was dismissed on January 17, 2023, filed a lawsuit in court, claiming that his dismissal was unlawful, unconstitutional, and violated the CAMA statute that established the NNPCL.

Punch reports that, in addition, Ararume requested that the court issue an order restoring him to his position and demanded N100 billion in restitution for the losses he sustained on a national and international scale.

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Legit.ng reported that Justice Inyang Ekwo of the Federal High Court approved his request and asked Buhari to pay him N5 billion in damages.

Buhari reacts to Ararume

Speaking on the judgment in a statement released by his Special Adviser on Media and Publicity, Femi Adesina, the President noted that he was yet to receive a formal copy of the ruling

However, Buhari called for calm from all parties involved in the matter and affirmed that the proper judicial process would be followed.

Although the NNPCL has already taken steps to appeal the decision, Buhari stressed that his administration respects the rule of law and will take no action outside it to resolve the matter.

The statement reads:

"Despite the Office of the Attorney General of the Federation/Minister for Justice not yet receiving a formal copy of the ruling, the President has assured that due legal process will be followed, and NNPCL has initiated steps to appeal.

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“The Administration respects the Rule of Law, and nothing will be done outside it to resolve the matter."

NNPC, NMDPRA speak on staff recruitment exercise reports, warn Nigerians

Meanwhile, in another report, the Nigerian National Petroleum Corporation has said reports that it is recruiting are fake and should be ignored by Nigerians.

The national oil company revealed that any recruitment exercise would be announced through the proper channels.

Similarly, the NMDPRA has warned Nigerians that there is no ongoing recruitment, as reported.

Source: Legit.ng