A Federal Capital Territory High Court has dismissed a lawsuit seeking $19.6 million from the Nigerian National Petroleum Company Limited (NNPC Ltd), ruling that the claim lacks merit. The judgment, delivered on Thursday, concluded a legal dispute related to a contract under the Direct Sale, Direct Purchase (DSDP) arrangement. The claimant had initiated the case alleging breaches associated with the contract, but the court found insufficient grounds to support the claims made. This decision marks a significant outcome for NNPC Ltd in the ongoing legal matters concerning its contractual obligations.
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