Nigerian Court Dismisses U.S.$12.5 Billion Oil Suit


The federal high court has dismissed a suit seeking to expose how the U.S.$12.5 billion oil windfall that accrued to Nigeria under the leadership of retired General Ibrahim Badamosi Babangida was spent.

VIDEO: Nigeria Dismisses Gulf Oil Windfall Case

The Federal High Court has dismissed an application demanding information on the statement of account relating to the spending of the U.S.12.4 ... see more »

Photo: Vanguard

Oil report