Tunde Omosebi, a former All Progressives Congress (APC) presidential aspirant, has filed a lawsuit against the Central Bank of Nigeria (CBN) and several other defendants, seeking £990 trillion in damages for alleged violations of his fundamental rights.
The suit, filed before Justice James Omotosho of the Federal High Court in Abuja, also includes a plea to convert the CBN into a Reserve Bank of Nigeria (RBN) and commercial banks involved in the alleged irregularities into “DRIG Bank” under the Corporate Affairs Commission (CAC).
Omosebi accused the defendants, which include prominent banks and government agencies, of breaching an industrial agreement, withholding funds, and denying him access to his accounts.
He claims:
- His accounts with the defendants, including £500 billion entrusted funds, have been inaccessible for seven months.
- A $50 million deposit promised by one of the banks in 2022 has yet to be credited.
- Defendants presented a statement to the public allegedly signed by him, which he claims is false and damaging to his reputation.
“The defendants’ actions have caused me immense emotional trauma and financial harm,” Omosebi stated in his affidavit.
He seeks:
- £990 trillion in damages for rights violations.
- £99 trillion in exemplary damages.
- 10% interest on the total recoverable amount.
- N5 million as the cost of filing the suit.
In his affidavit, Omosebi identified himself as a businessman and the self-proclaimed Chairman of the Federation Executive Council (FEC) and Prime Minister of Nigeria, roles not recognized by the Nigerian Constitution.
He further alleged that:
- His intellectual property was infringed upon.
- The defendants obstructed his financial operations, violating the Fundamental Rights (Enforcement Procedure) Rules 2009 and relevant sections of the 1999 Constitution.
- He was denied entitlements guaranteed under the Constitution and Gazette 485.
The court has scheduled February 5 for the hearing of the case.
Notably, Omosebi was evicted from his Abuja residence on November 15, 2024, after a prolonged legal dispute over unpaid rent. According to the landlord, who wished to remain anonymous, Omosebi’s tenancy had expired over four years ago. Despite claiming ownership of the property, Omosebi failed to defend his position in court, resulting in a judgment in favor of the landlord.
The suit lists the CBN, United Bank for Africa (UBA), Guarantee Trust Bank (GTB), Zenith Bank, the Senate, and the House of Representatives, among others, as defendants.
The plaintiff seeks redress for alleged negligence, oppressive conduct, and financial irregularities, asserting that the defendants’ actions have undermined his rights and obligations as guaranteed by Nigerian law.
Justice Omotosho is expected to hear arguments from both sides in February.
