HomeLocal NewsGovernors appeal judgment over $418m Paris refund deduction

Governors appeal judgment over $418m Paris refund deduction

Date:

Related stories

Gov. Sani unveils N500m loans scheme for workers in Kaduna

Governor Uba Sani of Kaduna State has unveiled a ...

NDLEA nabs male passenger carrying 4,000 tramadol pills in MMIA

The National Drug Law Enforcement Agency (NDLEA) has arrested...

BLCWFF graduates 2000 youths on vocational skills, calls for partnership

The Better Life for Children and Women Future Foundation...

4 dead, 70 vehicles burnt in fuel tanker explosion in Rivers – Police

The Police Command in Rivers says four people and...

The Governors of the 36 states of the federation have appealed the Federal High Court judgment which dismissed their suit challenging the planned deduction of $418 million from the Federation Account.

The money is meant to settle debts owed to consultants engaged by state and local governments on the Paris Club refunds.

The Federal High Court in Abuja on March 25 dismissed a suit instituted by the 36 states’ Attorneys-General challenging plans by the Federal Government to deduct funds from the federation account to settle $418 million judgment debt in relation to the Paris Club refund.#

The governors made the appeal through their Attorneys General in a statement signed by five Senior Advocates of Nigeria, S. I. Ameh, J. S. Okutepa, Dr Garba Tetengi, Ahmed Raji, and Olumuyiwa Akinboro.

The governors advised the public and all financial institutions in Nigeria and abroad that the matter was subjudice, urging them to desist from dealing with the defendants in the suit.

“With respect to promissory notes issued to them and intended to be discounted and given value from funds due to the states of the federation from the federation account… be it known that any person or persons who take steps in respect of the promissory notes in the face of the pending appeal do so at his or her peril,” the statement said.

According to the statement, the defendants that the general public are advised not to deal with are Dr Chris Asoluka (doing business under the name and style of NIPAL Consulting Network, Linas International Limited, Joe Odey Agi, (Practising under the name and style of Joe Agi, SAN & Associates).

Others according to the statement include Riok Nigeria Limited, Prince Nicholas Ukachukwu, Dr Ted Iseghohi Edwards, Panix Alert Security Systems Limited, Dr George Uboh, Ned Munir Nwoko, Prince Orji Orizu and Olaitan Bello.

Justice Inyang Ekwo had dismissed the suit by the Attorney-General of the 36 states against the Federal Government in a judgment delivered recently saying the attorneys-general have not shown enough evidence to accord them the right to institute the action.

Ekwo in his judgment held that there was no express evidence to show that the governors of the 36 states consented to the filing of the suit. (NAN)

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

X whatsapp