The Federal High Court in Lagos, presided over by Justice Ayokunle Olayinka Faji, has dismissed a suit seeking to compel the Lagos State Government to disclose details of the expenditure of $100 million received from billionaire businessman, Aliko Dangote.
The funds were reportedly paid by Dangote nine years ago for seven acres of land in Ibeju-Lekki, now home to Africa’s largest oil refinery.
Court ruling and legal implications
Delivering judgment on Friday, Justice Faji ruled that the Lagos State Government could not be compelled to disclose the financial details as the law mandating such disclosure under the Freedom of Information (FOI) Act had not been domesticated in the state.
The ruling has sparked concerns over transparency and accountability in public governance, especially in cases involving substantial funds tied to land belonging to indigenous communities.
Indigenous groups express disappointment
Among those present in court were members of the Assembly of Lagos Youths, a group advocating for better governance and financial accountability. Speaking on behalf of the group, Lasisi Robert lamented the inability of indigenes to hold leaders accountable for funds generated from their land, even through constitutional legal processes.
“This decision raises serious concerns about public transparency and governance. Residents of Ibeju-Lekki, where the funds were reportedly meant for development, continue to suffer from inadequate infrastructure, unstable electricity, poor educational facilities, and substandard healthcare. The lack of transparency in managing such substantial sums only worsens the socio-economic struggles of the local population,” Robert said.
Observers argue that the court’s decision undermines public confidence in governance and accountability. Critics insist that public interest should have been a key factor in deciding whether the government should disclose the expenditure details.
Concerns over transparency and legal precedents
Legal and governance analysts warn that the ruling could set a precedent for non-disclosure of financial transactions involving public institutions. They argue that rejecting a request for financial transparency on the grounds of non-domestication of the FOI Act raises questions about the Lagos State Government’s commitment to openness and accountability.
Several civil society organizations have urged the government to adopt proactive financial disclosure policies, arguing that fiscal responsibility is crucial to maintaining public trust. They warn that the judgment may discourage civic engagement in demanding accountability from leaders.
Calls for legal reforms
Investigations reveal that the dismissal of the suit has further ignited debates on the need for legal reforms to strengthen financial transparency at the state level. Observers stress that governance must prioritize citizens’ interests and ensure that public resources are effectively used for development.
As discussions on the case continue, stakeholders are calling for stronger legal frameworks to prevent opaque financial dealings and reinforce accountability in government transactions.