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Federal High Court, Lagos Vacates Ex Parte Order Against Nestoil and Neconde
Today, 20 November 2025, the Federal High Court, Lagos vacated the sweeping ex parte order previously obtained by FBN Quest Merchant Bank and First Trustees Limited against Nestoil Limited and Neconde Energy Limited.
The Court’s decision was anchored on the principle that ex parte orders are intended solely to preserve the subject matter of litigation for a limited period, not to be held in perpetuity. The attempt by the FBN entities to have the Court stay further proceedings while keeping the ex parte order in place was found to be inconsistent with this principle.
Separately, it is important to note that the ex parte order had originally been obtained by the FBN entities through suppression of material facts and without the knowledge or participation of Nestoil and Neconde.
With the vacation of the order, Nestoil and Neconde have now been restored to full control of their affairs.
Nestoil and Neconde remain firmly committed to transparency, lawful business practices, and the highest standards of corporate governance. Both companies will continue to focus on delivering value to their stakeholders and contributing positively to Nigeria’s energy sector.
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Buratai Pays Tribute to Ihejirika at 70, Hails Mentorship and Legacy of Leadership
Buratai Pays Tribute to Ihejirika at 70, Hails Mentorship and Legacy of Leadership
Former Chief of Army Staff and Nigeria’s immediate past Ambassador to the Republic of Benin, Lt. Gen. (Rtd) Tukur Yusuf Buratai, has paid a glowing tribute to his predecessor, Lt. Gen. OA Ihejirika, as the retired General marks his 70th birthday.
In a heartfelt message released in Abuja on Friday, Buratai described Ihejirika as not only a distinguished soldier and statesman, but also a commander, mentor, and “architect of leadership” whose influence shaped a generation of senior military officers.
Buratai recalled that his professional rise within the Nigerian Army was significantly moulded under Ihejirika’s command, citing key appointments that defined his career trajectory.
According to him, the trust reposed in him through early command responsibilities, including his first command posting at Headquarters 2 Brigade and later as Commandant of the Nigerian Army School of Infantry, laid a solid foundation for his future leadership roles.
“These opportunities were not mere appointments; they were strategic investments in leadership,” Buratai noted, adding that such exposure prepared him for higher national responsibilities.
He further acknowledged that the mentorship and professional grounding he received under Ihejirika’s leadership were instrumental in his eventual appointment as Chief of Army Staff and later as Nigeria’s Ambassador to the Republic of Benin.
Buratai praised Ihejirika’s command philosophy, describing it as professional, pragmatic, and mission-driven. He said the former Army Chief led by example, combining firm strategic direction with a clear blueprint for excellence that continues to influence military leadership practices.
“At seventy, General Ihejirika has earned the right to reflect on a legacy secured,” Buratai stated, praying for good health, peace, and enduring joy for the retired General as he enters a new decade.
He concluded by expressing profound gratitude for the leadership, mentorship, and lasting example provided by Ihejirika over the years.
The tribute was signed by Lt. Gen. Tukur Yusuf Buratai, who described himself as a grateful mentee and successor, underscoring the enduring bonds of mentorship within the Nigerian Army’s top leadership.
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