$69m oil shipment: Court adjourns FG’s suit against Chevron till April

Chevron
PHOTO CREDIT: SHIPS & PORTS archive

A Federal High Court sitting in Lagos on Wednesday adjourned until April 30, a $69 million suit filed by the Federal Government of Nigeria, against Chevron Petroleum Nigeria Ltd, seeking to recover oil revenue.

The Federal Government filed the suit against Chevron Nigeria Ltd, and Chevron Petroleum Nigeria Ltd, as first and second defendants, respectively.

The case, which was adjourned for a report of proceedings at the Court of Appeal, could not proceed on Wednesday as parties were still before the appellate court. Counsel to both parties was represented in court.

READ ALSO  Police arraign man for threatening to damage vehicles in Apapa

The case was, therefore, further adjourned until April 30 for a report of proceedings at the appellate court.

The suit is one among other suits by the Federal Government seeking to recover almost $12 billion in missing crude oil revenue from some International Oil Companies (IOCs).