$85.8b debt: Court declines Seplat's oral bid for property access

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A Federal High Court in Lagos Monday refused an oral application by an oil firm Seplat Petroleum Development Company, seeking access to...

A Federal High Court in Lagos Monday refused an oral application by an oil firm Seplat Petroleum Development Company, seeking access to its accounts and offices which were shut by court order.

Justice Aikawa granted the interim preservative reliefs to preserve the res, pending the hearing and final determination of the motion on notice filed in the suit. The court heard the applications last Thursday, in a proceeding that took more than five hours. It also heard Access Bank’s application for Interlocutory injunction.

 

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All the political office holders from the councillors to president, should be placed on salary level 17 and there shall be no convoy more than 4 cars; special personal assistance, security men, media crew and ambulance. Aside this, it is mismanagement and Nigeria can't afford it

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