Major Win for Nestoil as Court Lifts Asset Freeze in Alleged $1 Billion Debt Dispute
Revokes alleged indefinite Mareva orders, restores control of assets to Nestoil Receiver/Manager to withdraw immediately from continued occupation of premises Affirms statutory power of Chief Judge to assign cases Wale Igbintade In a major legal victory for
Nestoil Limited and its affili- vacated the Mareva injunction over an alleged $1 billion debt the order following transfer of ates, the Federal High Court in that had frozen the company’s claim. Continued on page 9 Lagos yesterday, November 20, assets and those of its directors Justice Daniel Osiagor issued
Dr. Ernest Azudialu Obiejesi
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US Congress Holds Hearing on Insecurity, Seeks Ways to Help Nigeria Help Itself Emmanuel Addeh in Abuja
L-R: University Chancellor, His Eminence, Alhaji Sa’ad Abubakar III, the Sultan of Sokoto; Mr. Aigboje Aig-Imoukhuede, honoured with a Doctoral of Science (honoris causa); and Vice Chancellor, Professor Kayode Adebowale, during the conferment of honourary doctorate degree of science by the University of Ibadan…recently
The United States House Foreign Affairs Africa Sub-committee yesterday held a public hearing on religious persecution in Nigeria and President Donald Continued on page 9
Nnamdi Kanu’s Terrorism Trial Ends After 10 Years, Bags Life Imprisonment Verdict To be held in protective custody Abaribe: His life sentence a preconceived plot against the S’east Army dismisses fake ‘sit-at-home’ order, assures South-east of full security
Alex Enumah, Sunday Aborisade and Linus Aleke in Abuja
came to an end yesterday after 10 years, with the court finally convicting him on all seven count amended charges. The court subsequently senThe terrorism trial of leader of Indigenous People of Biafra tenced him to life imprisonment (IPOB), Mazi Nnamdi Kanu, at for committing acts of terrorism the Federal High Court, Abuja, Continued on page 9
signing of $20m commercial seed production...
L-R: Group CEO, Saroafrica-SIAT Group, Rasheed Sarumi and the Executive Governor of Kaduna State, His Excellency, Sen. Uba Sani, at the signing ceremony of Saroafrica’s 20 million dollar landmark investment in large scale commercial seed production in Kaduna State to enhance improved seed availability nationwide