$12BN OIL SUIT: YOU HAVE CASE TO ANSWER, COURT TELLS IOCS

A Federal High Court sitting in Lagos has struck out the preliminary objection filed by the Nigerian Agip Oil Company Limited against the federal government.

 

The preliminary objection dated March 24, 2016, came on the heels of the lawsuits filed by the government against notable international oil companies (IOCs) such Chevron, Mobil, Agip, among others, seeking an order of the court to strike out the suit filed by the government on the grounds that it failed to disclose a reasonable cause of action against the defendant.

 

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