Latest
Back to Market Pulse
News Oil & Gas

Court voids Reps’ N72.6bn compensation directive against Seplat, says judicial powers usurped

Vanguard Jul 29, 2026 · 05:59 WAT
A Federal High Court in Lagos has nullified a House of Representatives directive ordering Seplat Energy Producing Nigeria Unlimited to pay a substantial compensation sum over alleged oil spill incidents. The court ruled that the National Assembly exceeded its constitutional authority by attempting to exercise judicial powers.
Open source Sign in to like · 0

Trade on the pulse

Turn market context into a simulated NGX portfolio.

Claim your handle

More

We use essential cookies for sign-in, security, and saving your competition session. Read our Privacy Policy.