A Federal Capital Territory High Court has thrown out a $19.6 million lawsuit filed against the Nigerian National Petroleum Company Limited, NNPC Ltd, describing the claim as lacking merit.
The judgment, delivered on Thursday, ended a legal battle linked to a disputed contract under the Direct Sale, Direct Purchase, DSDP, arrangement.
The claimant had approached the court seeking payment of professional fees allegedly owed by the national oil company. The suit was based on claims that the initial agreement between the parties had gone beyond the terms contained in the written contract.Tap To Read Complete, Details. .
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