The Federal High Court in Abuja has granted Malabu Oil & Gas Ltd leave to apply for a judicial review of the executive action of the Federal Government in splitting OPL 245. This decision, made on Thursday, allows Malabu to proceed with their suit against the government.

The company's lawyer, Reuben Atabo, SAN, moved the motion ex-parte, which was deemed meritorious by Justice Mohammed Umar. The judge took particular notice of some paragraphs in the affidavit attached to the motion and was satisfied by the depositions.

Malabu had named the President, the Attorney-General of the Federation (AGF), and the Minister of Petroleum Resources as 1st to 3rd respondents respectively in the suit marked: FHC/ABJ/CS/871/2026. The company alleged that the government split OPL 245 into four separate assets and reallocated them to Shell Nigeria Ultra-Deep Limited, Shell Nigeria Exploration Production Company Ltd, Nigerian Agip Exploration Company Ltd, and Nigerian National Petroleum Company (NNPC) Limited.

This reallocation was via the OPL 245 Resolution Agreement executed on or about March 5. Malabu further alleged that this was done without the consent of the company's directors. The matter has been adjourned until June 11 to enable Malabu to file and serve the originating summons in respect of the prayers sought.

Justice Mohammed Umar, who presided over the case, has a background in law that spans several years. He was appointed to the Federal High Court and has handled several high-profile cases. His ruling in this case is significant as it allows Malabu to proceed with their claim against the government. They're likely to pursue this claim vigorously.

The OPL 245 suit isn't the first time Malabu has been in the news. The company has been involved in several controversies over the years, including allegations of corruption and mismanagement. However, in this case, they're alleging that the government's actions were unlawful and done without their consent. They don't have any intention of backing down.

The reallocation of OPL 245 to various companies, including Shell and NNPC, has significant implications for the oil and gas industry in Nigeria. It could lead to a shift in the balance of power and influence in the industry. The decision by the court to grant Malabu leave to review the suit is a significant development in this case. It's a major step forward for Malabu.

As the case progresses, it's expected that more details will emerge about the circumstances surrounding the reallocation of OPL 245. The government's decision to split the oil block and reallocate it to various companies has raised questions about the transparency and accountability of the process. They can't seem to provide clear answers to these questions.

The case has been adjourned until June 11, and it's expected that Malabu will file and serve the originating summons in respect of the prayers sought. The outcome of this case will have significant implications for the oil and gas industry in Nigeria and could set a precedent for similar cases in the future. It won't be an easy case to resolve.

Key Facts

  • The Federal High Court in Abuja granted Malabu Oil & Gas Ltd leave to apply for a judicial review of the government's decision to split OPL 245.
  • The company alleged that the government split OPL 245 into four separate assets and reallocated them to Shell Nigeria Ultra-Deep Limited, Shell Nigeria Exploration Production Company Ltd, Nigerian Agip Exploration Company Ltd, and Nigerian National Petroleum Company (NNPC) Limited.
  • The reallocation was via the OPL 245 Resolution Agreement executed on or about March 5.
  • The matter has been adjourned until June 11 to enable Malabu to file and serve the originating summons in respect of the prayers sought.

The decision by the court to grant Malabu leave to review the suit is a significant development in this case. It allows the company to proceed with their claim against the government and could have significant implications for the oil and gas industry in Nigeria. They're likely to face stiff opposition from the government.

The court was satisfied by the depositions, said Justice Mohammed Umar. He didn't hesitate to grant Malabu leave to review the suit.

As the case progresses, it's expected that more details will emerge about the circumstances surrounding the reallocation of OPL 245. The government's decision to split the oil block and reallocate it to various companies has raised questions about the transparency and accountability of the process. They haven't provided clear answers to these questions yet.

The outcome of this case will have significant implications for the oil and gas industry in Nigeria and could set a precedent for similar cases in the future. It's a case that won't be resolved quickly. The industry stakeholders and the general public will be watching it closely.

The reallocation of OPL 245 to various companies, including Shell and NNPC, has significant implications for the oil and gas industry in Nigeria. It could lead to a shift in the balance of power and influence in the industry. The companies involved are likely to be affected significantly.

The case has raised questions about the role of the government in the oil and gas industry and the transparency and accountability of the process. It's expected that the case will provide more clarity on these issues and could lead to changes in the way the industry is regulated. The government won't be able to ignore these issues.

The decision by the court to grant Malabu leave to review the suit is a significant development in this case. It allows the company to proceed with their claim against the government and could have significant implications for the oil and gas industry in Nigeria. They're determined to see it through.

The outcome of this case will be closely watched by industry stakeholders and the general public. It's expected that the case will provide more clarity on the issues raised and could lead to changes in the way the industry is regulated. The case is too important to be ignored.

The case is a significant one, and its outcome will have significant implications for the oil and gas industry in Nigeria. It's expected that the case will be closely watched by industry stakeholders and the general public. They won't be able to look away.

The reallocation of OPL 245 to various companies, including Shell and NNPC, has significant implications for the oil and gas industry in Nigeria. It could lead to a shift in the balance of power and influence in the industry. The companies involved are waiting anxiously for the outcome.

The case has raised questions about the role of the government in the oil and gas industry and the transparency and accountability of the process. It's expected that the case will provide more clarity on these issues and could lead to changes in the way the industry is regulated. The government can't afford to ignore these questions.

The decision by the court to grant Malabu leave to review the suit is a significant development in this case. It allows the company to proceed with their claim against the government and could have significant implications for the oil and gas industry in Nigeria. They're ready to take on the government.