MACOBARB ACCUSES NIGERIA LNG OF N5 BILLION DEBTS IN COURTROOM SHOWDOWN, TENDERS 37 DOCUMENTS TO SUPPORT CLAIM
By Els William
Shedrack Ogboru, Managing Director of Macobarb International Ltd, presented 37 documents to support a claim that Nigeria LNG (NLNG) owes his firm N5.074 billion. Key documents included a letter from NLNG’s General Counsel, Akachukwu Nwokedi, which stated that the contract had no “standby payment” provisions, a claim Macobarb disputes, citing contract terms they believe support “stand-down payments.” A forensic auditor testified to back Macobarb’s position.
Macobarb argues NLNG’s refusal to honor contract terms has left their equipment immobilized on-site, adding to NLNG’s liability. They allege partial payment for work, claiming N38 million was due, but only N33 million was paid. NLNG’s legal team, led by Prof. Bayo Adaralegbe, began cross-examination, questioning Ogbo...









