Business Jonathan Blocked From Relocating $500m oil Project From Lagos to Bayelsa

  • Thread starter Thread starter LequteMan
  • Start date Start date
L

LequteMan

Guest
Nigeria - President Jonathan has been blocked from relocating a $500m oil project from Lagos state to Bayelsa, a The Nation report reveals.

goodluck jonathan2.jpg

A Federal High Court in Lagos granted injunctions restraining President Goodluck Jonathan and other relevant government agencies from carrying out the order to relocate the $500 million oil project from LADOL Free Trade Zone(FTZ) in Lagos to Agga in Bayelsa State.

Others are the National Assembly, the Federal Ministers of Transport and Justice/Attorney General of the Federation.

The court said they were being restrained from implementing the directive of President Jonathan that oil and gas-related cargoes must be discharged at Intels facilities in Onne, Warri and Calabar Ports.

According to Prof. Fidelis Oditah QC (Queens Counsel) and Senior Advocate of Nigeria (SAN) who filed the motion on behalf of LADOL, the injunctions ensure that all related agencies, including the Nigerian Ports Authority (NPA), must allow vessels and cargoes to proceed directly to any Port of choice, including oil and gas cargoes.

Read: President Jonathan Orders Relocation of $500m Port Project From Lagos to Bayelsa

#Nigeria #Jonathan
 
Back
Top