Court Dismisses FG’s $55m Debt Recovery Suit Against Agip Oil

A Federal High Court sitting in Lagos on Wednesday dismissed a $55million debt recovery suit filed by the Federal Government of Nigeria against Agip Oil Company Limited.

In her judgment, Justice Mojisola Olatoregun held that the Federal Government failed to furnish the court with sufficient evidence in proof of the case.

The suit which was filed since 2016 is one among several other suits by…

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