A Federal High Court, Lagos State on Wednesday adjourned until December 4, a 69 million dollars suit filed by the Federal Government of Nigeria, against Chevron Petroleum Nigeria Ltd, seeking to recover oil revenue.
The Federal Government filed the suit against Chevron Nigeria Ltd, and Chevron Petroleum Nigeria Ltd, as first and second defendants, respectively. The case, which was adjourned for a report of proceedings at the Court of Appeal, could not proceed on Wednesday as the appellate court failed to sit.
The case was therefore, further adjourned until December 4 for a report of proceedings at the appellate court. The suit is one among other suits by the Federal Government seeking to recover almost 12 billion dollars in missing crude oil revenue from some international oil companies.
Source: The Punch