• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Business

Court orders commercial banks to appear over judgement debt against Ekiti State government

Justina Mboho by Justina Mboho
December 14, 2021
in Business, Legal & Regulations
restructuring, Ekiti state government imposes curfew, full lockdown, Ekiti state slashes Right of Way charges for Telecom infrastructure from 4500 to 145, Ekiti State Secures UN and SHS Holdings partnerships to invest $2 billion for building 50,000 homes, Covid-19: FG must rethink financing of HealthCare- Fayemi

Ekiti state governor

Share on FacebookShare on TwitterShare on Linkedin

A Lagos Division of the Federal High court has granted an “Order Nisi” to garnishee accounts belonging to Ekiti State Government domiciled in several commercial banks in Nigeria.

An order Nisi, is an order that directs a garnishee (mostly banks) to appear in court on a specific date and show cause why an order should not be made upon it for the payment of a judgement debt from the account of a judgement debtor to a judgement creditor.

In a suit marked: FHC//L/CS/1229/2021, the applicant, Mr Oladimeji Olugbenga Adewumi on behalf of the former LG councillors who were sacked before the expiration of their tenure, instituted a garnishee proceeding against the Ekiti state government to compel it to enforce the 2016 judgement debt, according to NAN.

RelatedStories

No Content Available

Backstory

The former Local government chairmen and councillors were elected on December 20, 2008 across the 16 local government areas of Ekiti state. Their tenure was supposed to end in December 2011 but was terminated earlier by ex-governor Kayode Fayemi on October 29, 2010.

The Supreme Court had in 2016 delivered a judgement in favour of the 16 local government chairmen, Vice chairmen and councillors. The apex court ordered the state government to pay to them their outstanding emoluments.

However, the state government is yet to implement the supreme court’s judgement, hence, they instituted a garnishee proceeding seeking to enforce the judgement debt.

What happened In court

The presiding judge, Justice Yellin Bogoro held that the application has merit after considering all the processes before him in support of the application.

He granted the reliefs sought but exempted the Central Bank of Nigeria because there was no evidence that the consent of the AGF was obtained.

“I have considered all the processes filed before this court supporting the application, I have also considered the extant laws under which the application is brought.

“I find merit in the application and I grant, same the application is granted.

“Only that the reliefs sought shall not apply to the Central Bank of Nigeria, reason being that there is no evidence that the consent of the Attorney-General of the Federation has not been sought and obtained.”

“That an Order Nisi is granted attaching all sums to the maximum of one billion, five hundred and twenty-three million, sixty-six thousand, seven hundred naira,” the judge said.

The judge ordered that the order Nisi be served to the government debtors (Ekiti state gov’t) and the garnishees (the banks).

Some of the banks included, First Bank, Keystone Bank, First City Monument Bank, Heritage Bank, Polaris Bank, Sterling Bank, Union Bank, Unity Bank, Wema Bank, United Bank for Africa.

After directing that the state government and banks be put on notice, He adjourned the matter till February 8, 2022.

What you should know

  • The judgement creditors, while seeking to be paid the remainder of their emoluments for their remaining term in office (15 months), have obtained an order Nisi.
  • A garnishee proceeding is instituted to enforce a judgement debt.
  • While the Ekiti state government is the judgement debtor, Mr Adewumi and the other councillors are the judgement creditors in the suit.
Tags: garnishee
Justina Mboho

Justina Mboho

For further inquiries about this article, contact: Email: justina.mboho@nairametrics.com Twitter: bb_ladyj LinkedIn: Justina Mboho

Related Posts

No Content Available
Next Post
LPPC partners with Legal- tech startup, LawPavilion, to automate SAN application

LPPC partners with Legal- tech startup, LawPavilion, to automate SAN application

Leave a Reply Cancel reply

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

Emple
nlng
first bank








DUNS

Recent News

  • ‘My Mother Is A Witch’ crosses N100 million at Nigerian box office 
  • Payaza’s triple credit rating: A milestone for Nigerian fintech leadership 
  • CWG’s Texcellence Prelude champions bold leadership for Africa’s Tech Future 

Follow us on social media:

Recent News

‘My Mother Is A Witch’ crosses N100 million at Nigerian box office 

‘My Mother Is A Witch’ crosses N100 million at Nigerian box office 

July 15, 2025
Payaza’s triple credit rating: A milestone for Nigerian fintech leadership 

Payaza’s triple credit rating: A milestone for Nigerian fintech leadership 

July 15, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics