• Home
  • Agric
  • Sci & Tech
  • Health
  • Environment
  • Hausa News
  • More
    • Business/Banking & Finance
    • POLITICS
    • Entertainments & Sports
    • International
    • Investigation
    • Law & Human Rights
    • Africa
    • ACCOUNTABILITY/CORRUPTION
    • Hassan Gimba
    • Column
    • Prof. Jibrin Ibrahim
    • Prof. M.K. Othman
    • Defense/Security
    • Education
    • Energy/Electricity
    • Entertainment/Arts & Sports
    • Society and Lifestyle
    • Food & Agriculture
    • Health & Healthy Living
    • International News
    • Interviews
    • Investigation/Fact-Check
    • LAW & HUMAN RIGHTS
    • Oil & Gas/Mineral Resources
    • PRESS FREEDOM/JOURNALISM/PR
    • General News
    • Presidency
  • About Us
    • Contact Us
    • Board Of Advisory
    • Privacy Policy
    • Ethics Policy
    • Teamwork And Collaboration Policy
    • Fact-Checking Policy
    • Advertising
  • Media OutReach Newswire
    • Wire News
  • The Stories
Facebook Twitter Instagram
Trending
  • Nigeria’s neem advantage: Unlocking a strategic bioeconomy industry for climate, agriculture and industrial growth, Dr Fakunle Aremu
  • NAFDAC holds workshop on medicine safety in Karu
  • AFAN predicts drop in food prices after fertiliser distribution
  • IBB university secures ABU approval for medical students clinical training
  • Edo state reaffirms commitment to fight drug abuse
  • PAAU student arrested for alleged forced cult initiation
  • Africa’s first social justice improv festival opens in Abuja
  • Umahi orders temporary halt on Ibadan-Ife-Ilesa road work
Facebook Twitter Instagram YouTube
AsheNewsAsheNews
  • Home
  • Agric

    Nigeria’s neem advantage: Unlocking a strategic bioeconomy industry for climate, agriculture and industrial growth, Dr Fakunle Aremu

    June 22, 2026

    AFAN predicts drop in food prices after fertiliser distribution

    June 22, 2026

    Northern Nigeria’s poultry economy: Unlocking a multi-billion dollar investment opportunity across the value chain, By Dr. Fakunle Aremu

    June 19, 2026

    Association trains farmers on agroforestry, carbon opportunities

    June 18, 2026

    IWMI, IFPRI link Kano farmers to solar irrigation support

    June 17, 2026
  • Sci & Tech

    ALTON supports CBN’s local data hosting mandate

    June 20, 2026

    NDPC seeks INEC data records over breach allegations

    June 20, 2026

    SGF urges Galaxy Backbone to boost cybersecurity, broadband

    June 20, 2026

    Experts urge AI, satellite data to build safer, more sustainable cities at FUTA symposium

    June 19, 2026

    Anambra disburses N80m to 80 startups for tech growth

    June 19, 2026
  • Health

    NAFDAC holds workshop on medicine safety in Karu

    June 22, 2026

    Expert urges focused use of N10bn for Ebola preparedness

    June 22, 2026

    From Sokoto to Bulgaria: Dr. Dange’s mission to transform pediatric care

    June 21, 2026

    Nigeria’s Fathers face silent mental health crisis

    June 21, 2026

    NGO promotes menstrual hygiene in Benue schools

    June 20, 2026
  • Environment

    Floods, Windstorm devastate Ebonyi farmlands, shops

    June 22, 2026

    Progress on Lagos-Calabar road celebrated

    June 22, 2026

    Sanitation concerns at Lagos market

    June 21, 2026

    Lagos envoy defends waste enforcement efforts

    June 20, 2026

    Tinubu: Abuja crime hideouts disappearing

    June 20, 2026
  • Hausa News

    UNA signs MoU to launch air Bissau in Guinea-Bissau

    June 15, 2026

    Otti plans 250-room 5-star hotel in Umuahia

    April 11, 2026

    Anti-quackery task force seals 4 fake hospitals in Rivers

    August 29, 2025

    [BIDIYO] Yadda na lashe gasa ta duniya a fannin Ingilishi – Rukayya ‘yar shekara 17

    August 6, 2025

    A Saka Baki, A Sasanta Saɓani Tsakanin ‘Yanjarida Da Liman, Daga Muhammad Sajo

    May 21, 2025
  • More
    1. Business/Banking & Finance
    2. POLITICS
    3. Entertainments & Sports
    4. International
    5. Investigation
    6. Law & Human Rights
    7. Africa
    8. ACCOUNTABILITY/CORRUPTION
    9. Hassan Gimba
    10. Column
    11. Prof. Jibrin Ibrahim
    12. Prof. M.K. Othman
    13. Defense/Security
    14. Education
    15. Energy/Electricity
    16. Entertainment/Arts & Sports
    17. Society and Lifestyle
    18. Food & Agriculture
    19. Health & Healthy Living
    20. International News
    21. Interviews
    22. Investigation/Fact-Check
    23. LAW & HUMAN RIGHTS
    24. Oil & Gas/Mineral Resources
    25. PRESS FREEDOM/JOURNALISM/PR
    26. General News
    27. Presidency
    Featured
    Recent

    Nigeria’s neem advantage: Unlocking a strategic bioeconomy industry for climate, agriculture and industrial growth, Dr Fakunle Aremu

    June 22, 2026

    NAFDAC holds workshop on medicine safety in Karu

    June 22, 2026

    AFAN predicts drop in food prices after fertiliser distribution

    June 22, 2026
  • About Us
    1. Contact Us
    2. Board Of Advisory
    3. Privacy Policy
    4. Ethics Policy
    5. Teamwork And Collaboration Policy
    6. Fact-Checking Policy
    7. Advertising
    Featured
    Recent

    Nigeria’s neem advantage: Unlocking a strategic bioeconomy industry for climate, agriculture and industrial growth, Dr Fakunle Aremu

    June 22, 2026

    NAFDAC holds workshop on medicine safety in Karu

    June 22, 2026

    AFAN predicts drop in food prices after fertiliser distribution

    June 22, 2026
  • Media OutReach Newswire
    • Wire News
  • The Stories
AsheNewsAsheNews
Home»ECONOMY»$418m Paris Club judgement debt: Nigerian governors ask court to stop deductions
ECONOMY

$418m Paris Club judgement debt: Nigerian governors ask court to stop deductions

NewsdeskBy NewsdeskApril 26, 2022No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The 36 Nigerian state governors have prayed a Federal High Court in Abuja to restrain the federal government from approving the deduction of any money accruing to the states from the Federation Account for the payment of $418 million judgment debt.

The Attorneys-General of the 36 states made this prayer known in a motion on notice marked: FHC/ABJ/CS/1313/2021 dated and filed on March 28 before Justice Inyang Ekwo.

They prayed the court to restrain the respondents from proceeding with its judgment delivered on March 25 pending the hearing and determination of the appeal at the appellant court.

The application was brought pursuant to Order 32 Rule 1 and Order 56 Rule 8 of the Federal High Court Civil Procedure Rules 2019; Sections 120 and 162 of the 1999 Constitution (as amended) and under the inherent jurisdiction of the court.

The Attorneys General of the 36 states had sued the President, Attorney-General of the Federation (AGF), Accountant-General of the Federation, Ministry of Finance and Central Bank of Nigeria (CBN).

Others are Debt Management Office (DMO), Federation Account Allocation Committee (FAAC), Incorporated Trustees of Association of Local Government of Nigeria (ALGON), Dr Chris Asoluka, Linas International Limited, among others.

According to the motion, 43 defendants are sued in the matter.

They prayed the court for an order of interim injunction, restraining the Federal Government from deducting monies accruing to the 36 states from federation account.

The deductions are to settle 418 million dollars judgment debt in relation to Paris Club Refund pending the determination of the substantive suit.

However, Justice Ekwo, on March 25, dismissed the suit for lacking in merit.

He held that the 36 states’ Attorneys General, who were plaintiffs, lacked the legal right to institute the matter without their governors’ consent.

But in the motion on notice, the applicants sought for two orders while listing 26 grounds why the court should grant their reliefs.

They argued that the lower court’s decision had been challenged at the Court of Appeal.

Part of the grounds are that “the applicants have the constitutional right to appeal the said decision, pursuant to Sections 36, 240 and 242 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended).

The appeal, they said, was pending before the Court of Appeal, Abuja Division, raises arguable, substantial and recondite grounds of appeal with great chance of success.

The  court, they added,  had vires to grant the instant application to preserve the res and subject matter of the pending appeal.

Justice Ekwo fixed Wednesday for hearing of the motion.

$418 million CBN Court Deductions DMO NGF Paris Club refund
Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Newsdesk
  • Website

Related Posts

Edo state reaffirms commitment to fight drug abuse

June 22, 2026

Umahi orders temporary halt on Ibadan-Ife-Ilesa road work

June 22, 2026

Lagos residents brave rain for Knorr jollof fest 2026

June 22, 2026

Leave A Reply Cancel Reply

Nigeria’s neem advantage: Unlocking a strategic bioeconomy industry for climate, agriculture and industrial growth, Dr Fakunle Aremu

June 22, 2026

NAFDAC holds workshop on medicine safety in Karu

June 22, 2026

AFAN predicts drop in food prices after fertiliser distribution

June 22, 2026

IBB university secures ABU approval for medical students clinical training

June 22, 2026
About Us
About Us

ASHENEWS (AsheNewsDaily.com), published by PenPlus Online Media Publishers, is an independent online newspaper. We report development news, especially on Agriculture, Science, Health and Environment as they affect the under-reported rural and urban poor.

We also conduct investigations, especially in the areas of ASHE, as well as other general interests, including corruption, human rights, illicit financial flows, and politics.

Contact Info:
  • 1st floor, Dogon Daji House, No. 5, Maiduguri Road, Sokoto
  • +234(0)7031140009
  • ashenewsdaily@gmail.com
Facebook Twitter Instagram Pinterest
© 2026 All Rights Reserved. ASHENEWS Daily Designed & Managed By DeedsTech

Type above and press Enter to search. Press Esc to cancel.