Court Makes Final Decision On 36 Govs’ $418m Paris Club Debt Suit |DETAILS

Get real time updates directly on you device, subscribe now.

Court Makes Final Decision On 36 Govs’ $418m Paris Club Debt Suit |DETAILS

A Federal High Court sitting in Abuja, on Friday, dismissed the $418 million Paris Club debt suit filed by the 36 state governments against the Federal Government.

Justice Inyang Ekwo, in a judgement, dismissed the suit for lacking in merit.

“I do not see any merit in this case on the whole and I hereby dismiss it for lack of merit,” Justice Ekwo said.

The judge held that the 36 states’ attorneys-general, who instituted the suit had no locus standi to filed the matter.

The court had, on November 5, 2021, restrained the Federal Government from deducting monies accruing to the 36 states from the federation account to settle 418 million dollars judgment debt in relation to Paris Club Refund pending the determination of the substantive suit.

The court gave the order following an ex-parte motion moved by counsel to the plaintiffs, Jibrin Okutekpa, SAN.

While the 36 states Attorney-Generals are the plaintiffs on the suit.

Some of the defendants listed in the suit include the Attorney-General of the Federation, Accountant-General of the Federation and Ministry of Finance.

Others are the Central Bank of Nigeria, Debt Management Office, Federation Account Allocation Committee, Incorporated Trustees of Association of Local Government of Nigeria, among others.

According to the motion dated and filed Oct. 27, 43 defendants are sued in the matter.

Although four prayers were sought, Justice Ekwo granted three in the motion ex-parte.

The reliefs sought by the plaintiffs include an order of interim injunction, restraining the Federal Government from deducting any money accruing or due to all or any of the 36 states of the federation.

The senior lawyer, who informed the court that the Federal Government had not commenced the deduction of the monies, withdrew the fourth prayer, asking for a refund of the monies deducted.

He hinted that the deduction was expected to begin in November 2021.

He said in spite of his clients’ protest against such action, the defendants had vowed to go ahead with the deduction.

He said if allowed, no state would be able to pay workers’ salaries.

Besides, Okutekpa argued that the states were not a party to any contract resulting in such debts.

“That is why we ran to your court,” he said.

(NAN)

For publication of your news content, articles, videos or any other news worthy materials, please send to afnewsng@gmail.com. For more enquiry, please call +234-903-332-9775 or whatsapp. To place advert, please call +234-903-332-9775.


Mark 11 vs 22- 24: And Jesus answered them, "Have faith in God. Truly, I say unto you, whoever says to this mountain, "Be taken up and thrown into the sea, and does not doubt in his heart, but believers that what he says will come to pass, it will be done for him. Therefore, I tell you, whatever you ask in prayer, believe that you have received it and it will be yours

Get real time updates directly on you device, subscribe now.

You might also like

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More