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Court Summons CBN over Unpaid N100.1m Judgement Debt

by Present Nigeria
April 30, 2026
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A Federal High Court sitting in Osogbo, Osun State, on Wednesday, directed the Central Bank of Nigeria to prove why a sum of N100.1 million judgment debt incurred by the Nigeria Police Force, the Inspector General of Police and two others in a matter involving them and the Osun State Independent Electoral Commission and one other, should not be paid to the applicants.

The applicants, OSSIEC and its chairman, Hasim Abioye, in a suit number FHC/OS/CS/41/2025, through an ex parte motion dated January 12, 2026, through their counsel, I.T Tewogbade, claimed that the judgment debtors are yet to pay the damages awarded against them.

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Other respondents in the suit include the Police Service Commission, Osun State Police Commissioner and the Central Bank of Nigeria.

They urged the court to freeze the account of the judgment debtors, domiciled with the CBN, the ganishee, to the tune of N100.1 million, being the damages and costs they incurred in an earlier judgment delivered by the court.

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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.

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