The Court of Appeal in Abuja has upheld the claim of NorthWest Petroleum & Gas Company Limited over a 69.6% equity stake in Ede Marginal Field, Oil Mining Lease (OML) 67.
In a judgment delivered on Friday, January 24, 2025, the Appeal Court upheld the appeal filed by NorthWest Petroleum against Gab & Nuella Concept Limited and Brinitup Hydrocarbons Limited (first and second respondents) as well as the Minister of Petroleum Resources.
The appeal arose from a ruling by the Federal High Court, Abuja Judicial Division, delivered on August 29, 2022, by Justice Emeka Nwite, which partly dismissed NorthWest Petroleum’s preliminary objection challenging the competence of the case against its equity stake in Ede Marginal Field.