COURT RESTRAINS JONATHAN FROM RELOCATING LADOL FROM LAGOS TO BAYELSA

A Federal High Court, sitting in Lagos has 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.

Also restrained in the judgment given by the Presiding Justice of the Court, J.T Tsoho on Tuesday May 12, 2015 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.
The Injunctions further prevent the passing of the amendments to the Oil and Gas Export Free Zones Act which sought, among other changes, to impose a foreign owned monopoly on the movement of oil and gas cargoes in Nigeria; Transfer control of 12 Free Zone’s in Nigeria currently under the NEPZA Act to the control of the Oil and Gas Free Zone, which is controlled by the same foreign owned monopoly company