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NAICOM sets June 1 for new insurance guidelines implementation
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NICOM s new insurance guidelines effective June 1
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Court fixes May 11 for hearing in suit involving Obasanjo’s ex-aide
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The Federal High Court, Abuja, on Tuesday, fixed May 11 for definite hearing in a suit involving Prof. Anthony Adegbulugbe, a former Special Adviser on Energy in the President Olusegun Obasanjo administration, and others.
Justice Ijeoma Ojukwu fixed the date after all pending motions relating to the substantive matters had been regularised by counsel to the parties.
Recall that Adegbulugbe, the chairman, Green Energy International Limited, and two directors, Dr Bunu Alibe and Mr Ayodele Olojede, have been locked in legal battle on the ownership and running of affairs of the oil company.
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A Federal High Court in Abuja on Tuesday slated May 11, 2021, to commence hearing of the suit by Prof Anthony Adegbulugbe, former Special Adviser on Energy to former President Olusegun Obasanjo over ownership of an oil company.
The plaintiff, Prof Adegbulugbe, had dragged two directors of the oil company, Green Energy International Ltd to court over the ownership of the oil company.
At the resumed hearing of the matter on Tuesday, the two defendants, through their counsel, Alade Agbabiaka (SAN) prayed the court for an order discharging the exparte order granted in favour of the plaintiff on November 4, 2020 which compelled them to attend the November 12, 2020 Annual General Meeting (AGM) of the company which they did not attend.
The Companies And Allied Matters Act 2020 – What Every Director Of A Public Company In Nigeria Should Know 2 0 - Corporate/Commercial Law
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