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NICON INSURANCE & ANOR
V.
BUREAU OF PUBLIC ENTERPRISES & ANOR

(2020) JELR 112543 (CA)

Court of Appeal 5 Jun 2020 Nigeria
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- The appellants, following the privatization of NICON Insurance PLC (1st Appellant) to a private limited company and majority sale of its shares to the 2nd Appellant, sought declaratory and injunctive relief preventing the Bureau of Public

Case Details

Suit Number:APPEAL NO: CA/A/599/2016
Judges:STEPHEN JONAH ADAH, JCA YARGATA NIMPAR, JCA MOHAMMED BABA IDRIS, JCA
Counsel:A. Olujinmi Esq with I. Ajani Esq and B. Odugbesan Esq for the Appellants. A. M Kayode Esq with A. S. Abdulmalik Esq, B. Benjamin Esq and A. Obiwumma Esq for 1st Respondent.
Location:Abuja

MOHAMMED BABA IDRIS, JCA (Delivering the Leading Judgment): By an Originating Summons filed on the 17th of October, 2012 before the Federal High Court, sitting in Abuja, the Appellants who were Plaintiffs at the trial court sought for the determination of the following questions and sought the reliefs set out hereunder:

  1. WHETHER with the privatization of the 1st Plaintiff under the Public Enterprises Privatization and Commercialization Act from a public enterprise into a private sector enterprise, the Defendants are entitled to continue to monitor or control the activities of the 1st Plaintiff.

  2. WHETHER if the defendants are so entitled whim is not concede the defendants are entitled under the guise to compel the 1st Plaintiff to surrender to the demand by the House qt Representatives Committee on Privatization and commercialization to carry out oversight functions in the 1st Plaintiff.

  3. WHETHER the defendants are entitled to interfere with or revoke the sale of the 1st Plaintiff to the 2Nd…

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