GMD OF NNPC, MALAM MELE KYARI
By Edith Ike-Eboh
The Litigation Team of the Nigerian National Petroleum Corporation (NNPC) has won the Leading Case Counsel Team of the 2020 Africa Arbitration Awards.
The corporation disclosed this in a statement by its spokesman, Dr Kennie Obateru, in Abuja on Wednesday.
He said that the award was given to the team in recognition of its stellar performance at the 8th Edition of the East African International Arbitration Conference (EAIC), held in Nairobi, Kenya, recently with participants joining virtually.
At the conference, which was aimed at promoting commercial arbitration and showcasing African lawyers and law firms, which have performed well in arbitration practice, the NNPC Legal Team gave a presentation on the challenges and lessons learnt from arbitration and the successes recorded.
Among the successful arbitration cases showcased by the team at the conference were the IPCO (Nigeria) Vs. NNPC in respect of the dispute over the Bonny Export Terminal Project in which 367.5 million dollars was saved after 13 years of litigation.
Also, the ESSO E