Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Environment
    • Community Development
    • Renewable Energy
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Mobil loses bid to quash N29m judgment debt

    Mobil loses bid to quash N29m judgment debt

    May 21, 2012
    Share
    Facebook Twitter LinkedIn WhatsApp

    Innocent Anaba

    21 May 2012, Sweetcrude, LAGOS – The Court of Appeal, Lagos, weekend, dismissed the appeal by Mobil Oil Nigeria Limited against the judgment of a Lagos High Court, Badagry, which ordered it (Mobil) to pay N29.3 million to an oil dealer, Otunba Adisa Osiefa, for negligence and breach of contract.

    Osiefa, at the lower court, had alleged that the oil firm breached a reseller agreement entered into by parties in 1987.

    The lower court, in its judgment by Justice Ebenezer Adebajo, held that the reseller’s agreement between the claimant and Mobil was still subsisting, adding that the defendant acted negligently in breaching the agreement between the parties.

    Mobil had appealed against same, but the appeal was struck out for want of diligent prosecution and failure to transmit records of appeal.

    After the matter was struck out, Mobil brought a fresh application for same to be relisted.

    The appellate court in its judgment by presiding judge, Justice Helen Ogunwumiju, held that the motion to relist the appeal was “unmeritorious”, and therefore, dismissed the appeal.

    Related News

    Sub-$80 oil tests Nigeria’s deregulation resolve

    LPG prices hit ₦2,100/kg as Nigeria faces supply deficit

    100+ businesses urge govts to make electrification central to economic strategy

    E-book
    Resilience Exhibition

    Latest News

    CMFC targets mining financing gap as sector attracts fresh investments

    June 23, 2026

    Sub-$80 oil tests Nigeria’s deregulation resolve

    June 23, 2026

    Mining boom risks environmental crisis without stronger oversight

    June 23, 2026

    Lithium, gold fuel $3bn mining investment surge in Nigeria

    June 23, 2026

    The unforgiving calculus: Nigeria’s mining industry in Q3 2026

    June 23, 2026
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2026 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.