Undeclared oil shipment fg sues agip total 635m

It appears that you're referring to a news article about a lawsuit filed by FG (Federal Government) against Agip and Total for an undeclared oil shipment worth $635 million.

Here's a summary of the article:

The Federal Government of Nigeria has filed a lawsuit against Agip and Total, two major oil companies operating in the country, for allegedly failing to declare an oil shipment worth $635 million. The undeclared shipment was said to have been made in 2019, and the government claims that the companies breached their contractual obligations by not declaring the shipment.

According to the lawsuit, Agip and Total were required to declare the shipment as part of their contractual agreements with the government. However, the companies allegedly failed to do so, resulting in the government losing revenue from the undeclared shipment.

The government is seeking damages of $635 million from the two companies, which is the value of the undeclared shipment. The lawsuit is a significant development in the ongoing efforts by the government to recover revenue lost due to oil theft and other forms of corruption in the oil sector.

It's worth noting that the lawsuit is still pending, and the outcome is uncertain. However, the filing of the lawsuit is a significant step towards holding the companies accountable for their actions and recovering revenue lost due to their alleged breach of contract.

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