• Latest
  • Trending
Trafficking: Court Orders Sealing Of 4 Brothels in Port Harcourt

Court restrains CBN from withholding Kano LG funds

February 17, 2025
Police bust Forgery Syndicate in Oyo, Arrest 10

Police bust Forgery Syndicate in Oyo, Arrest 10

April 12, 2026
Man arrested with head of a 6-year-old in Oyo

Man arrested with head of a 6-year-old in Oyo

April 12, 2026
Airstrike in Nasarawa Only Killed Terrorists Not Herders- NAF

Scores killed as Military airstrike hits Border Market

April 12, 2026
Veteran Actor, Patrick Doyle welcome baby with new wife

Veteran Actor, Patrick Doyle welcome baby with new wife

April 12, 2026
SERAP Condemns Increase in Electricity Tarrifs And Petrol Pump Price

Probe Missing N2.9b in NNRA, NIGCOMSAT- SERAP to Tinubu

April 12, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
Ones Dies , Others Injured in Lagos Tanker Accident

Fatal Accident claims life of LASU student

April 12, 2026
Wike revokes land title of PDP secretariat in Abuja over unpaid ground rent

Police Unseal PDP Secretariat, Warn Against Disruption

April 12, 2026
Gunmen Kidnap Retired Air Force Boss In Lagos

Gunmen invade community, kill traditional ruler, five others

April 12, 2026
Borno: Boko Haram Hoists Flag In Marte, LGA

FG Publishes list of 48 Individuals, Groups, ‘Linked’ to Financing Terrorism

April 12, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Monday, April 13, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

Court restrains CBN from withholding Kano LG funds

by Present Nigeria
February 17, 2025
in News
0
Trafficking: Court Orders Sealing Of 4 Brothels in Port Harcourt
31
SHARES
61
VIEWS
FacebookTwitterWhatsappTelegram

A Kano State High Court, on Monday, issued an order of perpetual injunction restraining the Central Bank of Nigeria, CBN, from withholding funds from the Federation Account to the 44 local governments of the state.

The applicant’s are the Chairman of NULGE, Ibrahim Muhd, Ibrahim Uba Shehu, Ibrahim Shehu Abubakar, Usman Isa, Sarki Alhaji Kurawa and Malam Usman Imam.

RelatedPosts

Police bust Forgery Syndicate in Oyo, Arrest 10

Man arrested with head of a 6-year-old in Oyo

Scores killed as Military airstrike hits Border Market

The applicant’s through their counsel, Mr Bashir Yusuf-Muhammad, filed a motion exparte dated Nov.1, seeking the court to restrain the respondents from withholding or delaying allocations essential for local governance in the state.

The respondents are the Accountant-General of the Federation, AGF, CBN, the Revenue Mobilization Allocation and Fiscal Commission,RMAFC, the 44 Kano Local Government’s, UBA, Access and six other commercial banks.

Delivering the judgement, Justice Ibrahim Musa-Muhammad, held that the applicant’s had established their case.

“I resolve in the affirmative that all the reliefs sought by the applicants are granted as follows: “By the decision of the Supreme Court of Nigeria in suit No SC/CV/343/2024 Attorney General of Abia State and 35 others.

“The Kano State Local Government Council Electoral Laws 2022, the AGF, CBN, and RMAFC are under a duty to disburse monthly allocations to the 44 LGAs as democratically elected Local Government Councils.

“A Declaration that withholding these allocations would amount to a breach of the fundamental rights of the residents, inhabitants in the 44 Local government Councils, as guaranteed under Sections 33, 42 and 43,44, 45 and 46 of the 1999 Constitution of the Federal Republic Of Nigeria (As Amended).

“Articles 13,19,22 and 24 of the African Charter on Human and Peoples Rights for the AGF, CBN and RMAFC to exclude
the 44 LG in the distribution from funds accruing from the Federation Account in line with Section 162(3) of the 1999
Constitution of the Federal Republic of Nigeria (as amended).

Earlier, counsel to the applicants, Yusuf-Muhammad urged the court to discountenance the respondents’ counter affidavit and grant the applicants reliefs.

Counsel to the 44 Local Governments, Ibrahim Isa-Wangida, holding brief for Eyitayo Fatogun, SAN, did not oppose the plaintiff’s application, adding that the disbursement of LG allocations should not be truncated.

Responding, Counsel to CBN, Mr Ganiyu Ajape, filed notice of preliminary objection dated Nov.14, 2024 pursuant to order 8 rules (1)(2) of the fundamental rights.

He urged the court to strike out the name of CBN in the suit for lacking jurisdiction to entertain the matter and not to grant the applicants relief.

Counsel to United Bank of Africa, Keystone Bank, Mr A B Emmanuel and also a counsel to Guarantee Trust Bank, holding brief for Mr Faruk Asekome, urged the court to strike out their client’s name with a substantial cost.

“My Lord, there is no reasonable cause of action disclosed against our bank. We have no role in the disbursement of Local Government allocations,” Emmanuel argued.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share12Tweet8SendShareShare2
Previous Post

DSS, police take over Lagos Assembly

Next Post

Stop reliance on foreign aid or remain trapped – Okonjo-Iweala warns African leaders

Related Posts

Police bust Forgery Syndicate in Oyo, Arrest 10

Police bust Forgery Syndicate in Oyo, Arrest 10

April 12, 2026
Man arrested with head of a 6-year-old in Oyo

Man arrested with head of a 6-year-old in Oyo

April 12, 2026
Airstrike in Nasarawa Only Killed Terrorists Not Herders- NAF

Scores killed as Military airstrike hits Border Market

April 12, 2026
SERAP Condemns Increase in Electricity Tarrifs And Petrol Pump Price

Probe Missing N2.9b in NNRA, NIGCOMSAT- SERAP to Tinubu

April 12, 2026
Next Post
Okonjo-Iweala Emerges WTO DG

Stop reliance on foreign aid or remain trapped - Okonjo-Iweala warns African leaders

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.