Alleged racism: Court reverses Seplat CEO’s removal

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The aggrieved stakeholders are Moses Igbrude, Sarat Kudaisi, Kenneth Nnabike, Ajani Abidoye, and Robert Ibekwe.

Moreso, counsel for Seplat, Mr. Bode Olanipekun , submitted that the interim order had elapsed.

In his ruling, Justice Aneke dismissed the argument by the respondents that the petitioners had no locus standi to file the suit and that the court had no jurisdiction to entertain the case. The judge held “I find, as a fact, that the petitioners’ grouse can adequately be accommodated under the provisions of Section 354 of the Companies and Allied Matters Act, CAMA which falls within the jurisdiction of this court.

“I find and hold that the petitioners have locus standi to bring the petition before the court. Furthermore, this court has jurisdiction to adjudicate on the suit as it falls within the provision of Section 251 of the Constitution.”“By virtue of Order 26 Rules 9 and 10 of the of the Federal High Court Civil Procedure Rules 2019, the interim orders of the court made on March 8, 2023 are hereby discharged and vacated,” the judge said.All rights reserved.

 

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