Skip to content
September 10, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Oil Spill: Court Awards N82bn Damages Against NNPC, MPNU
  • National News

Oil Spill: Court Awards N82bn Damages Against NNPC, MPNU

Admin June 21, 2021
FG vs ASUU

Judiciary symbol

June 21, 2021

The Federal High Court in Abuja has awarded the sum of N82 billion as general damages against the Nigerian National Petroleum Corporation (NNPC) and Mobil Producing Nigeria Unlimited over oil spillage, in Ibeno Community within Ibeno LGA, Akwa Ibom State.

Delivering judgment, Justice Taiwo Taiwo, ordered the oil corporations, to pay the sum in 14 days, or pay eight percent of the sum, per annum.

Justice Taiwo had earlier struck out ExxonMobil from the list of defendants, on account of being an American registered company, leaving the NNPC and Mobil producing Nigeria Unlimited.

The court held that the oral and documentary evidence produced by Mobil, was not helpful in their case, describing them as serving pre-determined assets.

According to Justice Taiwo, the action of Mobil is a clear violation of section 11 of the oil pipeline act that makes it mandatory for the oil companies to monitor and fix defective pipelines.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Exxonmobil Mobil NNPC Taiwo Taiwo

Post navigation

Previous Five Killed, 4 Injured As Police Inspector Goes on Shooting Spree in Enugu
Next KONGA TRAVEL OFFERS BEST SUMMER PACKAGES, VISA, ACCOMMODATION FOR TRAVELLERS

Related Stories

Dangote refinery proves Africa can build at scale – Sanwo-Olu
  • National News

Dangote refinery proves Africa can build at scale – Sanwo-Olu

September 10, 2026
Police nab suspected kidnapper, rescue 3 victims in Gombe Police
  • National News

Police nab suspected kidnapper, rescue 3 victims in Gombe

September 10, 2026
Tinubu redeems $100,000 reward for D’Tigress, reaffirms sporting excellence
  • National News

Tinubu redeems $100,000 reward for D’Tigress, reaffirms sporting excellence

September 10, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Dangote refinery proves Africa can build at scale – Sanwo-Olu
  • National News

Dangote refinery proves Africa can build at scale – Sanwo-Olu

September 10, 2026
Dangote oil refinery buys 16 million barrels of Nigerian crude for October, sources say Aliko Dangote
  • Business & Economy

Dangote oil refinery buys 16 million barrels of Nigerian crude for October, sources say

September 10, 2026
Police nab suspected kidnapper, rescue 3 victims in Gombe Police
  • National News

Police nab suspected kidnapper, rescue 3 victims in Gombe

September 10, 2026
Tinubu redeems $100,000 reward for D’Tigress, reaffirms sporting excellence
  • National News

Tinubu redeems $100,000 reward for D’Tigress, reaffirms sporting excellence

September 10, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.