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Court dismisses $12.4bn Gulf oil windfall suit

29 November 2012, 14:21

Abuja - A Federal High Court in Abuja has dismissed the oil windfall suit filed by civil society groups against the Attorney General of the Federation and the CBN, Premium Times reports.

Six civil society groups had sued the Attorney-General of the Federation and the CBN over the $12.4 billion oil windfall.

In his ruling, the judge said the applicants lack the locus standi to institute the case.

More on Premium Times

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