August 21, 2018

FG vs Shell: Court fixes Dec.8 for hearing

FG vs Shell: Court fixes Dec.8 for hearing

A Federal High Court in Lagos on Thursday fixed Dec. 8 for the hear of a suit filed by the Federal Government against Shell Western Supply & Trading Ltd over alleged 406. 75 million crude oil theft. The suit no. FHC/L/CS/336/16 was filed by FG’s Counsel, Prof. Fabian Ajogwu (SAN) before Justice Mojisola Olatoregun.

Defendants in the suit are Shell Petroleum Development Company of Nigeria Ltd and its subsidiary — Shell Western Supply & Trading Ltd. The News Agency of Nigeria (NAN) reports that the suit which had earlier been fixed for Thursday could not be heard because of the absence of the trial judge. No reason was, however, given for her absence.

A new date of Dec. 8 has been fixed for hearing of the suit. Meanwhile, the plaintiff has filed a motion to amend its statement of claim, and has yet to move same before the court. In the suit, the plaintiff (FG) is claiming the sum of 406.75 million dollars from the defendants, representing the shortfall of money paid by it into the Federal Government account with the Central Bank of Nigeria (CBN) being money for crude oil lifted in 2013 and 2014. Read more

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