Monday 23 February 2015

COURT TO HEAR DISPUTE ON OML 25 TODAY


Court to hear dispute on OML 25 todayA Federal High Court in Lagos will on Monday (today) adjudicate on all pending applications in a suit seeking to resolve the dispute over Oil Mining Lease (OML) 25. Trial judge, Justice Ibrahim Idris had ordered Shell Petroleum Development Company (SPDC) of Nigeria Ltd; Total E & P Nigeria Ltd and Nigeria Agip Oil Company Ltd to preserve their 45 percent participating interests in the said OML 25.

The order followed arguments presented by Tayo Oyetibo, (SAN), counsel to Crestar Integrated Natural Resources Limited which approached the court to complain against the defendants.

Read more @ Daily Independent

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