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Update : PARIS FUND REFUND: COURT RULES IN FAVOUR OF LINAS INTERNATIONAL LIMITED, OTHERS

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A Federal High Court sitting in Abuja has ruled in favour of Linas International Limited and 235 others against the Federal Government of Nigeria in the Paris Fund Refund.
In a suit with no FHC/ABJ/130/2013, Justice J.T Tsoho ruled in favour of Linas International and others (plaintiffs) against the Federal Government of Nigeria, The Attorney General of the Federation, The Minister of Finance and the Accontant General of the Federation (defendants)
 
Below are unedited details of the ruling
 
 IN THE FEDERAL HIGH COURT
IN THE ABUJA JUDICIAL DIVISION
HOLDEN AT ABUJA
ON WEDNESDAY, THE 1ST DAY OF DECEMBER, 2021
BEFORE THE HON. JUSTICE J.T. TSOHO
CHIEF JUDGE
BETWEEN:
LINAS INTERNATIONAL LIMITED & 235 ORS….PLAINTIFFS/RESPONDENTS
AND THE FEDERAL GOVERNMENT OF NIGERIA DEFENDANTS/RESPONDENTS   

THE ATTORNEY GENERAL OF THE FEDERATION                                                                                                                                             THHONOURABLE MINISTER OF FINANCE

THE ACCOUNTANT GENERAL OF THE FEDERATION

 
RE: THE INCORPORATED TRUSTEE OF THE NIGERIA GOVERNORS’ FORUM INTERESTED PARTY/APPLICANT
(Suing for and on behalf of the 36 States of the Federation)
                                               
RULING
The interested Party/Applicant sought the leave of this Court to appeal against the judgment of Hon. Justice A.F.A Ademola (Rtd.) by a Motion on Notice dated 12/4/2021 but filed on 15/6/2021 brought pursuant to Section 6, 36, 162, and 243(1) of the CFRN 1999 (As Amended), Sections 13(2) and 32 of the Federal High Court (Civil Procedure) Rules, 2019 and under the inherent jurisdiction of this Court.
However, the 3rd Defendant/Respondent (Hon. Minister of Finance) filed a Notice of Preliminary Objection challenging the competence of the Motion on Notice filed by the Interested Party/Applicant. Since the NPO shall be first disposed of.
It is necessary to follow the time honored principle of law to the effect that when an issue of jurisdiction of a Court to entertain a case is raised, the law  requires that it should be considered and determined first before any further steps are taken by the Court in the proceedings due to its not only intrinsic but extrinsic nature to such proceedings. The reason for this position is that it is prudent and expedient to determine the issue of its jurisdiction first in order to avoid what might turn out to be exercise in futility in conducting  proceedings or taking steps in the case, if it eventually turned out that it lacks the requisite jurisdiction to adjudicate over the case. See B.A.S.F. Nig. Ltd. V. Faith Ent. Ltd. (2010) 4 NWLR (1133) 704: Comm. for L.G. v. Ezemwokwe (1991) 3 NWLR (181) 615: A. G., Lagos State v. Dosunmu  (1989) 3 NWLR (111)552: Nokoprise Int Co. Ltd. v. Dobest Trad. Corp. (1997) 9 NWLR (520) 334. This position of the law on the need for Court to determine the question/issue of its jurisdiction to entertain a case expeditiously and first, simply means that the issues raised by the parties in the case on the merit.
By Notice of Preliminary Objection dated and filed 22/9/2021, the 3rd Defendant is challenging the competence of the Interested Party/Applicant’s application on the following ground.

That the judgment in this Suit sought to be appealed against by the Interested Party/Applicant/Respondent has been fully executed pursuant to a Garnishee Order Absolute made by this Honourable Court on 29/6/2016. Per Hon. Justice A.F.A Ademola which is Exhibit NGF 2 attached to the Affidavit of the Interested Party/Applicant and payments of the judgment debts effected by the Federal Government of Nigeria to the various beneficiaries.

The 3rd Defendant sought Relief in the following terms:
An Order dismissing this application for being incompetent and for constituting an abuse of the process of this Court.
Also the 3rd Defendant/Respondent filed a Written Address on 22/9/2021 and formulated a single issue for determination thus:
          Whether the Motion on Notice filed by the Interested Party/Applicant is not incompetent in view of the fact that the Judgment in Suit No: FHC/ABJ/CS/130/2021 (sic) between Linas International Limited & Ors vs. The Government of Nigeria & 3 Ors sought to be appealed against has been fully executed pursuant to a Garnishee Order Absolute made by this Government of payments effected by the Federal Government of Nigeria to the various beneficiaries of the Judgment sum including the 774 Local Government Councils.
The 3rd Defendant submitted that the Interested Party’s application is incompetent considering the garnishee Order Absolute delivered on 29/6/2016 by Hon. Justice Ademola in Suit No: FCH/ABJ/CS/130/2013  between Linas International Limited & 3 Ors The Federal Government of Nigeria & 3 Ors The 3rd Defendant submitted further that once Garnishee Order Nisi is made respecting money due to a judgment debtor in possession of the Garnishee, such funds or money is deemed to have been attached for the satisfaction of  the judgment debt for order Absolute to be made. Reference made to Exhibit NGF 2 in the Interested Party’s Motion on Notice. The 3rd Defendant cited Sections 83 to 86 of the SCP Act and the cases of Zenith Bank Plc v. Chief Arthur John & 2 Ors (2016) All FWLR (Pt. 827) p. 633 at 654 paras A-F and Union Bank of Nigeria Plc v. Boney Marcus Industries Limited (2005) All FWLR (Pt. 278) p. 1037.
According to the 3rd Defendant, the essence of Order for stay of execution is to maintain status quo before the order to prevent the successful party from invoking the powers of the Court. That since the judgment in this Suit which the Interested Party is seeking to stay execution has been fully executed, the purpose of granting a stay of execution pending determination of appeal is defeated. Cited INEC v. Mbonu (2018) LPELR-44018(CA). The 3rd Defendant urged the Court to hold that the Interested Party is a total stranger to this action which has been fully executed and is also out of time to appeal by several years. That it is more so, as the application was brought without first obtaining leave for extension of time to appeal as Interested Party. The 3rd Defendant therefore urged the Court to dismiss the application of the Interested Party.
In reply to the objection, the Interested Party/Application argued that the NPO is an unsigned process and that even if it is signed, the signed, the said process is incompetent Referred to Order 26 Rules 24 of FCH Rules, 2019. He argued further that a NPO cannot be a response to Motion on Notice and that what ought to have been filled should have been a Counter Affidavit or a Reply on Points of Law Cited Eyitayo v. Kazeem (2020) LPELR-50630 ap. 7 paras B-D. He urged the Court to strike out the incompetent process.
A threshold issue to be first resolved under the Notice of Preliminary Objection is whether the Notice of Preliminary Objection is unsigned and that even signed, it   is an incompetent process. I have perused the 3rd Court’s Main File and confirm that it is signed and the Court’s record binds it and the parties. That being the position, I hold the humble opinion that it is a competent process, despite not being a counter affidavit. This is the particularly having regard to the 3rd Defendant/Respondent’s perception of the Applicant’s Motion as being an abuse of process. In that context, a drastic, though inappropriate reaction could be tolerated. Thus, for the purpose of this application, the Notice of Preliminary Objection is considered competent.
In determining whether or not this Court has the jurisdiction to grant the prayers sought by the applicants, I have carefully perused the ground, affidavit and exhibits attached in support of the application for leave and the counter affidavit and exhibits attached in opposition to the application for leave to appeal and for stay of execution and or injunction. From the facts contained in the affidavit it is not in dispute that the judgment of Honorable Justice A.F.A. Ademola of the Federal High Court, Abuja Division, was delivered on 3rd December, 2013 in this Suit, that is, Suit No: FCH/ABJ/CS/130/2013: Linas International Limited & Ors v. The Federal Government of Nigeria & 3 Ors.
It is also not in dispute that the Interested Party/Applicant filed this application on 15th June 2021: being outside the 90 days allowed for, an appeal against the  final decision of this Court. In PROYO V. MAKAFI (2018) 1 NWLR 1 NWLR (Pt 1599) 91, the Supreme Court stated:
“There is no doubt that the respondents were not part of the proceedings at the trial Court, hence they sought to appeal  as respondent had, inter alia, sought an order of the Court below extending time for them within which to seek leave to appeal against the judgment of the trial Federal High Court of 29/6/2016 Coram: Abang.J. Thereafter, their Notice of Appeal was filed on 02/11/2016 at the Court below”.
Ordinarily, an application for leave to appeal as an interested party has been held not to have time limit In Re: Madaki (1996) 7 NWLR (Pt. 459) 153 this Court, per Uwals, CJN opined that.
“neither the Constitution nor the Court of Appeal Act or the Court of Appeal rules prescribe any period within which an interested part may bring application for leave to appeal.” And once granted leave to appeal, he can now formally file the processes. If already out of time then the trinity prayers as others who were originally part of the proceedings. See:  Chief Cyprian Chukwu & Anor V. INEC & Ors (2014) 10 NWLR (Pt. 1415) 385. In the instant case, there was no need to have asked for extension of time to seek leave to appeal as interested parties”.
From the above decision, where time to appeal had elapsed before the applicant became aware of the decision appealed against as in the case at hand, it stands to reasoned that this court has lost the power to grant such leave. This is so because it is trite law that the Federal High Court can neither extend the time within which to file a notice of appeal nor grant extension of time to apply for leave to appeal. Only the Court of Appeal has the jurisdictional competence so  to do.
Under the doctrine of stare decisis, this court is bound to follow the decision of the Supreme Court on this issue. I am therefore bound to apply the decision of the Supreme Court in POROYO V. MAKARFI (supra). Accordingly, I hold that this court lacks the jurisdiction to grant the reliefs sought on the motion paper. Therefore the motion dated 12th April, 2021 but filed on 12th June 2021 is liable to be struck out for being incompetent. In effect, the Notice of Preliminary Objection filed by the 3rd Defendant/Respondent against the Motion on Notice of the Interested Party/Applicant is sustained.

An Order of this Honorable Court granting the interested Party/Applicant leave to Appeal the Judgment of Honorable Justice A.F.A Ademola of the Federal High Court, Abuja Division, delivered on 3rd December, 2013 in this Suit, that is Suit NO:

FCH/ABJ/CS/130/2013 between Linas International Limited & Ors vs The Federal Government of Nigeria & 3 Ors as an interested party.

An Order of this Honorable Court staying execution of and/or injunction restraining the Respondents, their servants, agents and /or further enforcing the judgment in this Suit that is, Suit No: FCH/ABJ/CS/130/2013 delivered by Honorable Justice A.F. A. Ademola of the Federal High Court, Abuja Division, on 3rd December,2013 by way of Garnishee proceedings, writ of execution or by any other means howsoever. 

The application is premised upon the following grounds:

By an Originating Summons dated 11th June, 2013, the 1st to 236th Plaintiffs/Respondents commenced and action against the 1st to 4th Defendants/Respondents inviting the Court amongst others, to make declaration on whether it was constitutional for the 1st Defendants/Respondent to utilize moneys from the Federation Account for debts servicing by way of first line charges between June 1995 and London Club Debt buy in 1992 and 2002: and London Club exit payment 2006, without the authorization of other tiers of Government.

The 1st to 236th Plaintiffs/Respondents sought for refund of USD$2,624,812,616.76 to the LGAs and Federation and additional USD$563,266,88.20 due to the LGAs and Area Councils, thus bringing the amount claimed to USD$3,188,079,505,96. The Plaintiffs/Respondents also sought a further order mandating the 1st Defendant/Respondent to pay to the 1st Plaintiff/Respondent through its attorneys, 20% of the said sum as consultancy fees.

The judgment of Honorable Justice A.F.A Ademola of the Federal High Court, Abuja Division, delivered on 3rd December, 2013 (SIC) granted all the reliefs sought including the payment of 20% of the judgment sum to the 1st Plaintiff/Respondent Linas International Limited. 

The State Governors who are beneficiaries of the Federation Account under the provision of the Section 162(3) of the Constitution and Trustee of Funds due to the Local Government from the Federation Account by the provision of Sections 7, 162(5), (6), (7) and (8) of the CFRN and Section 3 of the Allocation of Revenue (Federation Account, etc) Act were not joined as parties to the Suit. 

The Plaintiffs/Respondents invited the Court to resolve questions on fiscal provisions contained in Section 162(1), (3), (5), Subsection 5 particularly provides that the amount due to the Local Government Councils.

The Interested Party/Applicant is the umbrella body of democratically elected Governors of all States in Federation of Nigeria and Chief Executive Officers of the36 States with the funding thereof. The Interested Party/Applicant has commenced this action for and on behalf of the 36 States of the Federation and on their authority.

The State Governments as Trustees of the funds due to the Local Governments within their Territory are prejudicially affected by the judgment of Honorable Justice A.F.A Ademola, particularly the award of 20% of the judgment sum due to Local Governments within their territories to the 1st Plaintiff/Respondent for alleged “consultancy service” 

The Federal Government through the Debt Management Office has recently finalized plans to charge allocations due to the Local Governments for several years to come of liquidating the judgment sum in favor of the 1st  Plaintiff/Respondent.

The Interested Party/Applicant’s application is predicated on a proposed notice of appeal and grounds of appeal raising Constitutional and Jurisdiction issues which constitute special and exceptional circumstances upon which this application should be granted.

It is necessary in the interest of justice and the economic stabililty of States to stay enforcement of the judgment and restrain parties from taking any steps to give effect to, activate and/or enforce the judgment pending the determination of the appeal which implicate a determination of Constitutional and Jurisdictional questions raised in this appeal. 

It is in the interest of justice to grant this application.

 The Motion is supported by a 23 paragraph Affidavit deposed to on 15/6/2021 by Asishana B Okauru, a Director General of the Nigeria Governors Forum (NGF) with the consent and authority of the Interested Party/Applicant. Accompanying the application are documents marked as Exhibits NGF1-NGF5. There is also a Written Address dated 17/9/2021 
In opposition to the Motion, the Plaintiffs filed a Counter Affidavit of 26 paragraphs deposed to on 13/9/2021 by Ewer
A. Aliemeke. There are documents attached to the Counter Affidavit and marked as Exhibits A-C and also a Written dated 6/9/2021 
In the Written Address in support of the Motion on Notice, the Interested Party/Applicant formulated 2 issues for determination as follows:

Whether the Applicant has fulfilled the requirement of law for leave to appeal as interested party, to wit – shown sufficient Interest in the proceedings and judgment of trial Court.

Whether the Applicant has shown special and exceptional circumstances and established strong and arguable grounds of appeal to warrant the grant of an injunction on the enforcement of the judgment of the trial Court pending appeal.

The Plaintiffs in their address accompanying the Counter Affidavit formulated 4 issues for determination:

Whether the Applicant’s application for leave to appeal as an Interested Party ought not to be struck out for being Incompetent. 

Whether the Applicant can be granted leave to appeal the decision in the circumstances of this matter.

Whether the Applicant is a person interested in the decision of the Court in Suit No: FHC/ABJ/CS/130/2013 to be granted leave to appeal as an Interested Party

Whether the Honourable Court can grant an Order of Stay of Execution pending appeal in the circumstances of this case.

On issue 1, the interested Party/Applicant submitted as trite that there is no time limit within which the Court can entertain or grant an application for leave to appeal as an interested party Cited Bi-Courtney Ltd v. A-G-F; (2019) 10 NWLR (Pt 1679) 112 and Poroye&Ors v. Makarfi&Ors (2017) LPELR-42738 (SC) among others. The Applicant also cited Section 243(1) of the Constitution and paragraphs 5-22 of the Affidavit in support, The Applicant urged the Court to hold that he has shown interest. For the definition of interested Party, the Applicant cited Assams&Ors v. Ararume&Ors (2015) LPELR – 40828, Par Chima Cantus Nweze, JSC pp,27-28 paras D-F, The Applicant argued that the Originating Summons at the trial Court invited this Court to interpret Section 162 of the CFRN, 1999 (As Amended) to determine the rights of the Federal, Local and Governments in respect of Federation Account Referred to A-G Bendel State v. A-G Federaion (1983) LPWKE-3153(SC).
He then urged the Court to consider the interests of the States which are affected by the judgment of the trial Court and urged the Court to hold.
On issue 2, the Applicant referred to Ndaba Nig. Ltd & Anor v. UBN Plc &Ors (2007) LPELR-8316(CA) for the conditions the Court considers in granting injunction to restrain a successful party from enjoying the fruits of his judgment. For the special circumstances under which an Order of injunction pending appeal may be made, the Applicant also cited SPDC (Nig.) Ltd v. Amadi&Ors (2011) LPELR-3204(SC). It is argued that should this application be refused, the Federal Government, 1st Defendant/Respondent would proceed to make deductions on allocations due to the Local Governments of the Federation and pay same to the plaintiffs in satisfaction of the judgement sum. That the Respondents will not suffer any inconvenience by the grant or refusal of this application. The Applicant made reference to the Proposed Notice of Appeal which contained jurisdictional and constitutional issues on the judgement of the trial Court which is an exceptional circumstances necessitating the grant of injunction pending determination of the proceed appeal. They urged the court to grant the reliefs sought in this application.
The Respondents in argument of their issue 1, contented that a person who was not a party but is affected by the decision of the trial Court must apply to the same Court for leave to appeal to the court of Appeal within the same time prescribed for appealing or after the expiration of that time. Apply to the Court of Appeal for extension of time to seek leave to appeal. The Respondents conceded that there is no time limit to bringing an application to appeal as an interested party and once the time expired and for the application to be competent, it must contain trinity prayers for extension of time within which to seek leave to appeal, leave to appeal and extension of time to appeal. That the application must be made to the court of appeal and that failure to comply renders the application incompetent and liable to be struck out. Cited among others are the cases of Owena Bank Nigeria Plc v. N.S.E. Ltd (1997) 8 NWLR (Pt. 515)pp. 13 paras D-F; 17 paras F-G; 20 paras F-G and Bello v. INEC (2010) 8 NWLR (PT. 1196) p. 342 at 388 paras A-C.
According to them, there isno dispute that the decision sought to be appealed by the interested party was delivered on 3/12/2013 and that the time within which to appeal against the judgment has since expired on then must apply to the court of appeal, as the federal high court would not have jurisdiction to entertain the application. They urged the court to so hold.
On issue 2. It is submitted that appealed is a complaint against a decision of the court and the only person entitled to appeal is aperson aggrieved who has suffered a legal grievance who has suffered a legal grievance. Referred to Essienv. Eskot(2020) 11NWLR (pt.1734) 177 at pp. 199-200 Paras h-c. it is submitted further the decision of the trial court, then he does ot have a right of appeal against the decision of the court. Referred to Ntungv. Llongkwang(2021) 8 NWLR (pt. 1779) 431 at 493 para B. for the options available to the person who is not a party to an action but whose interest was directly in issue, the respondents cited bello v. INEC (Supra). The respondents argued that it is not in dispute that states of the federation have been receiving payments of the judgment sums in suit no: FHC/ABJ/CS/130/2013 reference made to paragraph 11 of the applicant’s affidavit and exhibit B hey also made reference  to exhibit C o show that the current applicant’s counsel acted for the 2nd to 236th respondents in this case in favour of the same judgment they urged the court to resolve this issue against the applicant.
On issue 3, the Plaintiffs/Respondents highlighted the provision of Section 243(a) of the Constitution on the right to appeal According to them, Courts have interpreted the term “person having an interest in the matter” to be synonymous with a person aggrieved or a man against whom a decision has been pronounced which has wrongfully deprived him of something or wrongfully affected his title to something Citied P.P.A v. INEC (2012) 13 NWLR (Pt. 1317)  215 at 247 paras E-G: Ede v, Nwidenyi In Re: Ugadu (1988) 1 NWLR (Pt 93) 189 at 199 paras A-B Per Karibi, Whyte JSC, The Plaintiffs stated that the complaint of the Applicant is on the interpretation of Section 162 (5) of the Constitution relating to the award of 20% of the total judgement sum in Suit No: FHC/ABJ/CS/130/2013 due to the local governments within the states in the federation to the 1st Plaintiff/Judgement Creditor/Respondent as consultancy fees That the percentage not being a party privy thereto.
They submitted that assuming without conceding that any person can challenge the agreed consultancy percentage other than the parties to the contract, it is the interest of the state of the federation that can be affected by the decision of the court and not the Applicant. Reference made to paragraph 2 of the Applicant’s Affidavit and the cases of A-G, Adamawa State v. A-G-F; (2005) 18 NWLR (Pt.958) 581 at 623 paras E-F; 654paras H-A and Nigeria Engineering Works Ltd v. Denap Ltd (2001) 18 NWLR (Pt. 746) 726 at 749 paras F-H among others. The Plaintiffs also cited Section 195 of the Constitution.
They urged the Court to consider the Applicant as a busy body and meddlesome interloper who usurps the duties of Attorney General of the States within the Federation.
On issue 4, the Plaintiffs/Respondents contented that this Court has no jurisdiction to grant stay of execution in the circumstance, as execution in the judgement of Hon Justice Ademola has been completed vide the grant of Order Absolute. The Plaintiffs contended further as trite that a Garnishee Order Absolute means that a judgement is a completed act and such, an Order for stay can neither be Ordered nor carried out when judgment has already been executed Citied Zenith Bank Plc v. John (2015) 7 NWLR (Pt. 1458) 393 at 423-424 paras C-C and 424 paras A-C Per Odilli, JSC, and Exhibit NGF 2.
They urged the Court to hold that the Prayer for stay of execution has been overtaken by the events of grant Garnishee Order Absolute which was upheld by the court of Appeal. Referred to Exhibit A. They finally urged the court to resolve all issues in their favour.
On his part, Ezechukwu, SAN for the 236th  Defendant completely associated himself with the submissions made nyNjikonye , SAN. He further pointed out that the cases of Comptroller General NCS & Anor v. Minaj Holdings Ltd (2017) LPELR -40355(CA) pp. 17-19 paras D-Cnd Bi Courtney Ltd v. A-G-F; (2019) 10 NWLR (Pt. 1679) 112 at 129- 137 ere cited out of context, because the facts  of those cases are identical with the present matter and that the Supreme Court held that a compromised judgement cannot be contested by the parties involved.
KelesoshoEsq, for the 1st and 2nd Defendants an also holding the brief of YahayaAbubakar for the 4th Respondent also aligned with the submission made by Learned Counsel for the 1st to 236th Respondents. In addition, he emphasized that the proper Applicants in this application should be the Attorney- General of the respective States and that the Applicant lack the locus standi and to dismiss the application for the lacking in merit.
In reply on points of law, pertaining to the arguments of the Plaintiffs in issue 1, that there is a time limit for a person to appeal relying on Section 234(1) (a) of the Constitution, the Applicant referred to the Supreme Court case of B Courtney Ltd v. A-G-F;(2019) 10 NWLR (Pt. 1679)  112 at 128-137 and Chukwu v. INEC (2014) 10 NWLR (Pt. 1415) 385 at 439 para C, per Kekere- Ekun, JSC. On the argument of the Plaintiffs in issues 2 and 3 that the Applicant ought not to be granted leave to exercise its Constitutional right of appeal against the interested party, the Applicant responded that a party who seeks to exercise his right of appeal should not be shut out unless there are compelling reasons to do so. Referred to Mohammed v. Olawunmi (1993) 4 NWLR (Pt. 287) 254 at 279-280 and Vandighl v. Hale (2014) LPELR-24196 pp.47-48 paras B-D (CA).
Pertaining to the argument of the Plaintiffs in their issue 4, whether the Court can grant stay of execution pending appeal, it is contended that an Applicant for leave to appeal is an Appellant and is entitled to enjoy all the remedies available for preservation of the res. The Applicant submitted that the fact that a judgment has been partially or fully executed does not stop a right of appeal by anyone desiring to appeal against such a judgement. Citied Kalu v. Odili (1992) LPELR-1653 pp. 91-92 paras E-B (SC); Comptroller General, Nigeria Customs Service &Ors v. Minaj Holdings Ltd, (2017) LPELR-43055 pp. 17-19 paras D-C (CA) and FIRS v. Governing Councils of the Industrial Training Fund & Anor (2018) LPELR-46857 pp. 9-12 paras D-A.
On the argument of the 1st -4th Respondents that the Applicant lacks locus standi, the Applicant referred to paragraph 4 of their Affidavit, to show that they actually have a locus standi.
I will now consider the issues formulated by the parties, in case I am wrong in holding vide the Notice of Preliminary Objection that this Court lacks the jurisdiction to grant the prayers on the motion paper.
RESOLUTION OF ISSUES SUBMITTED BY THE INTERESTED PARTY APPLICANT

Whether the Applicant has fulfilled the requirement of law for leave to appeal as interested party, to wit-shown sufficient interest in the proceedings and judgment of trial court.

The Applicant in this action approached this court for leave to appeal against the judgement of my Learned Brother, Honorable Justice A.F.A  Ademola J. (as he then was) in Suit No. FHC/ABJ/CS/130/13 delivered on 03/12/2013 and upheld by the judgement of the Court of Appeal in Appeal No.CA/A/521/2016 CENTRAL BANK OF NIGERIA V. LINAS INTERNATIONAL LIMITED & ORS.
The primary question to be answered is who is a person interested? The Supreme Court in ASSAMS V ARAUME (2016) 1 N.W.L,R. (Pt. 1473) 368 at 396 (Paras, C-H) SC referring to its decision in Odedo v. Oguebego (2015) 13 NWLR (PT. 1476) 229 @ 271, stated thus:
“When the drafts person of the 1999 Constitution (as amended) Speaks of “person having and interest”, in the second clause of Section 243 (1) (a) (Supra, he uses the phrase as synonymous with the person aggrieved” that is a person against whom a decision has been pronounced which has wrongfully deprived him or her of something or wrongfullyrefused him or her of something. Such a person includes a person who has a genuine grievance because an order has been made which prejudicially affects his interest.”
 
It follows from the above definition that to qualify as a person 9interested, one must be a person aggrieved with a genuine grievance: not just any grievance against which a decision has been pronounced the definition knowledge and on his behalf by others and who because he does not like the judgment applies for leave to appeal against it. See the case of GWANDO V. MAIDOYA (1990) 4 NWLR (Pt. 147) 805. The interested party/applicant in this application has not shown by affidavit evidence that it was not aware or did not know of the pendency of the suit in this court as to warrant the indulgence sought. He has to explain the reason for delay in appealing the decision within time. It is not sufficient to state that the applicant was not made a party. What was the reason for waiting for over 7 years before coming to a decision to appeal? This has not been explained in the affidavit in support of the application.
 
Application for leave to appeal, being an equitable remedy is never granted for the asking. The court must be satisfied that there is a justifiable reason which prevented the applicant from exercising its constitutional right of appeal before the prayers can be granted. The only interest shown in the Governors forum is a registered political pressure group for Nigerian governors within the Nigerian polity. I do not see how the judgment arising from enforceable contract between the judgment creditor and judgment debtor and the garnishee has affected the applicant who is not a party to the contract. The applicant is neither a state nor a local government. I therefore resolve this issue against the applicant and hold that the interested party/applicant did not fulfil the requirement for leave to appeal.
 
Whether the applicant has shown special and exceptional circumstances and established strong and arguable grounds of appeal to warrant the grant of an injunction on the enforcement of the judgment of the trial court pending appeal.

It is observed that this issue is at variance with prayer B on the motion paper. Whilst prayer B on the motion paper is for stay of execution and/or injunction. Without stating that it is injunction pending appeal. Issue 2 formulated for determination by the applicant is for injunction pending appeal. The court of appeal Lagos division considered this issue in NATIONAL PENSION COMMISSION V. FIRST GUARANTEE PENSION LTD & ANOR (2013) LPELR-20824(CA) and stated as follows:
 
“as Onnoghen, JSC held in Aboseldehyde laboratories plc V union merchant Bank Ltd and Anor (2013) LPELRSC.276/2003: for a court to declare whether or not to grant an injunction pending appeal, it has, as of legal necessity to go into a consideration of the competing legal rights of the parties to the protection of the injunctive relief. It is a duty placed on an applicant seeking injunction pending appeal to establish by evidence in affidavit(s) the legal right he seeks to protect by the order which of necessity makes it mandatory for the court to go into the facts to determine whether such entitlement has been established.” PER NWEZE, J.S.C (Pp. 43-44, Paras. E.A)
 
From the affidavit in support of the application. There is nowhere the applicant deposed that it hs legal right which it seeks to protect or that further to say that this constitutive requirement for the grant of an injunction pending appeal is closely related to the issue of disclosing special circumstances invariably it has to be considered that in an application for an injunction or stay of executing the applicant has the burden to show that the balance of convenience he would suffer by the refusal of the application is more than that which the respondent would suffer if it is granted see Ukechkwu V. Iwugo (1989) 2 NWLR (pt101)29, Total(nig.) Plc V. Efakire (1998)   5 NWLR(Pt.549) 307. Approvingly, endorsed in SPDC nig ltd V. Amadi (Supra)
 
The rationale of all binding authorities n this point is that in an application for injunction pending appeal, the balance of convenience is a relevant consideration and such application would not be granted where compensation would not suffice and/or where the applicant cannot compensate the respondent in the damages to be suffered. See Nwaganga V. Military Governor of Imo state (1987) 3 NWLR (pt 59) 185: Oyo. Governor of Oyo state (1993) 1 NWLR (pt.303) 437.
 
The onus is on the party applying for a stay of execution to satisfy the court that in the peculiar circumstance of his case. A refusal of a stay would be unjust and inequitable from decided cases, the court will grant an application for stay of execution in the following circumstances:
 
There must be a pending appeal and the pending appeal must be valid in law. Where there is no pending appeal in a matter, an application for stay of execution will not be granted as the application is incompetent.

Where a judgment is declaratory and executor, a court will grant a stay of execution. The applicant in such circumstance ought to apply for an injunction pending appeal.

Where the judgment being sought to be stayed has already been carried out or executed. And order of stay would not ordinarily lie or made since there will be nothing to be stayed

A prayer for stay of execution cannot be for an indefinite period or large but must be made “pending the determination of the appeal filed by the applicant”

The 1st-236 Plaintiffs/judgment creditors/respondents stated in paragraph 23 of their counter affidavit that the judgment has been executed. But in therefore deemed admitted. From all the foregoing. Issue two formulated by the applicant is resolved against the applicant and prayer two on the motion paper is refused
 
What then is the fat of the 4 issues for determination formulated in the address of plaintiffs/respondents filed with their counter affidavit. Viz:
 
Whether the applicant’s application for leave to appeal as an interested party ought not to be struck out for being incompetent.

Whether the applicant can be granted leave to appeal the decision in the circumstance of this matter.

Whether the applicant is a person interested in the decision of the court in suit No: FHC/ABJ/CS/130/2013 to be granted leave to appeal as an interested party:

Whether the honourable court can grant an order of stay of execution pending appeal in the appeal in the circumstances of this case these issues and/or questions as posed by the respondents having earlier been pronounced upon inter alia, now seem of superfluous merit the pronouncements are hereby adopted as appropriate.

As a consequence of the foregoing findings, the application of the interested party/applicant fails in it’s entirely and accordingly dismissed.
 

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Alleged ₦8.7bn Fraud: Malami, Others Oppose EFCC’s Property Forfeiture Move

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More applicants have approached the Federal High Court in Abuja over some properties linked to former Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN).

The applicants prayed for the setting aside of the interim forfeiture order made against some of the property linked to the former minister.

They argued that the Economic and Financial Crimes Commission (EFCC) failed to establish any nexus between their property and any unlawful activity, contrary to Section 135 of the Evidence Act and the Advance Fee Fraud.

In their separate motions on notice filed by their lawyers, the applicants – Alhaji Muktaka Usman Junju, and Rayhaan Bustan and Agro Allied Limited – urged the court to vacate and discharge the order made on January 6 by Justice Emeka Nwite.

Junju, a businessman, through his lawyer, Kalu Kalu Agu, prayed the court to set aside the order made on property listed as Number 40 by the EFCC.

Rayhaan Limited, an agricultural food production company, through its lawyer, Joseph Daudu (SAN), also asked the court to remove property listed as numbers one, 28, 29, 30, 31, and 32 from the list of property brought by the anti-graft agency.

The duo, in their applications, also prayed the court for an order directing the immediate restoration of their possession, control, and enjoyment of the listed property from the 57 property sought to be forfeited to the Federal Government.

The News Agency of Nigeria (NAN) recalls that the property listed as number 40 in the EFCC’s schedule is Al-Afiya Energy Tanker Garage, opposite Rayhaan University Health Centre, along Sani Abacha Bypass Road, Birnin-Kebbi, valued at N2,450,000,000.00.

Property Number One is a luxury duplex at Amazon Street, Plot Number 3011 within the Cadastral Zone, A06 Maitama; File Number: An enhancement 11352, which was purchased in December 2022 at N500,000,000.00 (value after enhancement at N5,950,000,000).

Property numbers 28, 29, 30, 31 and 32, which are under Rayhaan Agro Allied Factory in Kebbi, include Factory Buildings, Factory Machines and Plants Units, Factory Mosque, Rayhaan Mill Staff Quarters and Rayhaan Bustan Building, valued at N4,200,000,000.00; N10,500,000, 000.00; N2,450,000,000.00; N1, 487,500,000.00; and N3,150,000, 000.00 respectively.

NAN reports that Justice Nwite had, on Jan. 6, ordered the interim forfeiture of the 57 property suspected to be proceeds of unlawful activities linked to Mr. Malami.

The multi-billion naira landed properties are located in Abuja, Kebbi, Kano and Kaduna States.

The judge granted the order following an ex parte motion moved by the EFCC’s lawyer, Ekele Iheanacho, SAN, to the effect.

Malami was the AGF and Minister of Justice in the Muhammadu Buhari administration.

Nwite, in the ruling, also directed the publication of the interim order of forfeiture in any national daily, inviting any person(s) or body (ies) who might have an interest in the property to show cause, within 14 days of the publication, why a final order of forfeiture to the Federal Government of Nigeria should not be made.

Although the case was formerly before Justice Nwite, the case file had been transferred by the chief judge to Justice Obiora Egwuatu of a sister court for adjudication.

Also in his motion on notice dated January 26, but filed January 28 by Agu, Junju stated that the property listed as Number 40 belonged to him.

According to Junju, the root of title and acquisition history are described in the schedule attached to the affidavit in support of the motion, as Exhibit A.

Nigerian Property Investment
His lawyer argued that the commission had not established that the property was proceeds of an unlawful purpose, which, he argued, robbed the court of jurisdiction.

Agu submitted that the EFCC had failed to comply with the constitutional and statutory dictates of Section 44(2) (b) of the 1999 Constitution (as amended) and Section 17(1) of the Advance Fee Fraud and Other Fraud Related Offences Act 2006, requiring it to disclose specific particulars of the alleged unlawful act committed and the applicable laws.

Besides, he said the court did not conduct a global review of the entire documents and exhibits attached to the commission’s motion ex parte filed on January 6 and granted the same date, “which constitutes an abdication of its judicial duty to properly consider the application to ensure there is a reasonable suspicion that the property was linked to unlawful activities.”

The lawyer argued that Junju duly purchased the land in question “from an original allottee, by name Alhaji Usman Na’Allah Bunza and has no link with Malami, SAN or any Al-Afiya Garage.”

“Respondent (EFCC) is guilty of fraud and non-disclosure of material facts regarding ownership and acquisition of property of the applicant (Junju) forfeited in the interim by the orders of this honourable court.

“The interim forfeiture was procured in violation of Section 5 of the Assets Tracing, Recovery and Management Regulations 2019, having not been initiated through the Office of the Attorney-General of the Federation,” Agu said.

Also in his argument, Daudu, in their motion dated Jan. 19 but filed Jan. 23, said Rayhaan Ltd, by law, is a corporate person and can acquire and own property anywhere in Nigeria.

He described Rayhaan as “a limited liability company, duly registered with the Corporate Affairs Commission (CAC) pursuant to the Companies and Allied Matters Act (CAMA).”

The senior lawyer said properties listed as Nos. 1, 28, 29, 30, 31 and 32 all belonged to the company.

“The applicant’s property Number One was acquired with payments made from Excel Merchants Ltd in favour of the applicant,” he said.

Daudu also said the property numbers 28, 29, 30, 31, and 32 were acquired by the company from banking facilities granted by NEXIM BANK, the Bank of Industry and Access Bank Plc.

“The NEXIM Bank loan has now been called in by reason of the interim order of forfeiture of January 6, 2026.

“Zenith Bank Plc, which had guaranteed the loan, has revoked the guarantee by reason of the interim order of forfeiture of January 6, 2026, and has commenced daily interest charges on the outstanding sum,” Daudu said.

The lawyer argued that the EFCC did not establish that the assets listed as numbers one, 28, 29, 30, 31, and 32, in the interim forfeiture order were proceeds of some unlawful activities, as required under Section 17 (1) of the Advance Fee Fraud Act 2006, and that no predicate offence was linked to the acquisition of the property.

He also argued that the court was not invoked and prompted to conduct a global review of the entire documents and exhibits attached to the motion ex parte, “which constitutes an abdication of its judicial duty to properly consider the application to ensure that there is a reasonable suspicion that they were linked to unlawful action.”

Daudu aligned with Agu that the EFCC “is guilty of fraud and non-disclosure of material facts regarding ownership and acquisition of properties of the applicant forfeited by the orders” of the court.

He submitted that the proceedings of January 6 amounted to unlawful deprivation of property, denial of fair hearing and abuse of court process, urging the court to set the same aside.

Malami had, equally, filed a motion, praying the court to vacate the interim order of forfeiture against his property.

Also, Justice Egwuatu has fixed February 12 for the hearing of the matter.

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How Tinubu’s Reforms Are Redefining Nigeria’s Economic Future

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By: Dr Abolade Agbola

In a few months, the economic reforms of the government of President Tinubu will be three years old, while the government will be on the last lap of its four-year first-term mandate. The President’s statement at his inauguration on the 29th May 2023, that “the fuel subsidy was gone,” ushered in a series of reforms that reshaped the economy. Two weeks after the President’s inauguration, the Central Bank unified the multiple exchange rates on 14th June 2023 and transitioned from a rigid, multi-layered exchange rate system to a unified, “willing buyer-willing seller” managed float regime. The Presidential Committee on Fiscal Policy and Tax Reforms was constituted in July 2023 to draft a new tax and fiscal law. In March 2024, the Central Bank announced a new threshold for bank capital, requiring banks to increase their minimum share capital by the March 31, 2026, deadline to strengthen the financial system against impending economic shocks following the reforms and support the nation’s economic growth target of $ 1 trillion in GDP by 2030. Nigeria has had several foreign exchange market reforms, but the most profound ones are the transition from the Import licensing scheme to the Second-Tier Foreign Exchange market in 1986, following the deregulation and liberalization of the economy, and the massive devaluation of the currency in 1994. The uniqueness of the 2023 reforms lay in their timing, at the dawn of the administration, and in complementary policies such as the floating of the Naira following the abolition of multiple exchange rates, thus allowing the market to achieve equilibrium simultaneously in the pricing of petrol and the Naira.
The fuel subsidy removal led to a price increase for petrol from N200 per litre in May 2023 to between N1,200 and N1,300 per litre in early 2025. The floating of the Naira and unification of multiple exchange rates led to the currency’s massive devaluation from N460: $1 on 29th May 2023 to N1,700: $1 by November 2024. The post-subsidy removal and Naira floatation in the economy led to high inflation and a decline in household consumption. According to the World Bank, 56% of Nigerians (over 113 million people) living below the poverty line in 2023 are projected to reach 61% (139 million) by 2025. Today, the Naira is stabilizing at about N1,400: $1, while petrol has fallen to about N880 per litre, and inflation has receded to 15.15%, with prospects of getting to a single digit before the end of 2026. A single-digit inflation rate will take a substantial number of people out of poverty as the mystery index declines alongside the receding inflationary spiral, as policies that foster job creation, reduce price volatility, and stimulate economic growth are implemented.
Nigeria was on the brink of economic collapse in 2023. Most of the sub-nationals were unable to pay salaries. There was no budget for fuel subsidy from 1st June 2023. The external reserves of US$34.39 billion in May 2023 were barely adequate to finance 6.5 months of imports of goods and services and 8.8 months of imports of goods only. JP Morgan, a global financial institution, later claimed that the previous administration actually left Nigeria with a net reserve of $3.7 billion, rather than $34.39 billion. In May 2023, the Central Bank of Nigeria (CBN) had a foreign currency liability to foreign airlines of approximately $2.27 billion due to the airlines’ inability to repatriate their ticket sales revenue. Nigeria’s foreign reserves stood at $45.21 billion as of December 2025. In fact, the country experienced significant trade surpluses, with reports indicating around N6.69 trillion (Exports: N22.81tn, Imports: N16.12tn) as at the third quarter of 2025, driven by rising crude oil and non-oil exports, such as refined petroleum, despite some fluctuations and policy impacts, highlighting economic restructuring towards diversification.

Nigeria’s economic decline, which compelled the latest reforms, began in 2014, when crude prices began plummeting from their peak of $114 per barrel. Nigeria had two recessions in 4-year intervals, the 2016 recession, when the price of crude oil fell to $27 per barrel due to a U.S. shale oil-inspired glut. The other recession in 2020 was a result of the COVID-19 pandemic, when crude oil prices dropped to $17 per barrel amid worldwide lockdowns aimed at containing it. The economy was rebounding in 2022 when the Russia-Ukraine war disrupted the global commodity supply chain and triggered another round of economic crises. The government was reluctant to depreciate the Naira in response to economic realities, given its populist and leftist inclinations. The consequence was the near collapse of the economy by the time the 2023 elections were held. The government borrowed massively with the intent of spending its way out of the recession. Nigeria’s total public debt was N77 Trillion, or $108 billion, when President Tinubu was sworn in on the 29th May 2023. The debt profile had risen to N160 trillion ($111 billion) by the end of 2025, a moderate growth given the significant depreciation of the currency and the vast improvement in the country’s fortunes in the past two years.
Nigeria had intermittently grappled with rent, creating multiple exchange rates since 1986, when the corrupt-laden import license scheme gave way to currency auctions using the Dutch auction method. In 1986, amid the crude oil price meltdown, Nigerians rejected the IMF loan after a debate instigated by the military to carry the people along with the options available at the time for addressing the nation’s economic crisis. The objective of the IMF/World Bank-backed policy was to diversify the oil-dependent economy, reduce imports, privatize state firms, devalue the Naira, and foster private-sector growth to combat worsening economic conditions, such as inflation and debt overhang. In 2023, at its zenith, the rent reached N300 for every dollar sold by the central bank, creating artificial advantages in the market and enabling a few to extract wealth without effort. No wonder President Tinubu remarked while campaigning that if the multiple exchanges remain for one day after he is sworn in as President, it means he is benefiting from the fraud, and added, “God forbid.”
Fuel price regulation started with the Price Control Act of 1977. The fuel subsidy was introduced around 1986, when we designated fuel stations into two categories. The station that sells to commercial vehicles offers subsidized prices, while the one that sells to private vehicles charges market rates. The arrangement collapsed, and the subsidy regime crept in.
Just as in 2023, Nigeria undertook a massive devaluation of the Naira and the removal of petroleum subsidies in 1994 during the era of General Sanni Abacha. The Naira was devalued from N22 to N80 per dollar in 1994, following the near-collapse of the economy after the annulment of the 12th June 1993 elections and a protracted period of low crude oil prices, which reached $16 per barrel in 1994. Almost simultaneously, the government removed some fuel subsidies and established the Petroleum Trust Fund, headed by the late President Muhammadu Buhari as Chairman, to manage projects funded by part of the removed subsidies. According to CBN data, inflation rose from 57.03% in 1994 to 72.83% in 1995 due to the policy. The inflationary rate declined to 29.26% in 1996, and 8.52% in 1997, and 9.99% in 1998.
The reforms by President Tinubu in 2023, following the floatation of the Naira and the removal of the fuel subsidy, created a similar inflationary spiral. Inflation rate rose from 22.41% in May 2023 to 28.92% in December 2023, marking a 21-year high. The surge in inflation peaked at 34.80% by December 2024. The year-on-year inflation, however, declined to 15.15% by December 2025, indicating improving price stability as we approach the third year of the reforms. There is no doubt that inflation will recede to single digits before the end of 2026 as the trigger factors (petrol prices and exchange rates) are now determined by market forces.
The reforms of President Tinubu in 2023 were unique in several ways. The courage to embark on both fuel subsidy removal and floatation of the Naira simultaneously at the dawn of the regime amounted to front-loading the expected and inevitable policy pains for gains that will manifest as the administration winds down its first term in office. What is certain after discounting for possible, unpredictable global headwinds such as commodity price volatility, the pandemic, climate change, and supply chain disruptions, to name a few, is that the economy will continue to improve as we approach the election year. The trend will certainly play a key role in the 2027 elections. Unlike the 1994 subsidy removal and devaluation of the Naira, during which a portion of the fuel subsidy removal benefits was allocated to the Petroleum Trust Fund(PTF), the benefits of the 2023 policy actions were equitably and transparently shared among the three tiers of government, thereby strengthening the fiscal position of the federating units. The inequitable distribution of PTF projects among the federating units remains a recurring point of criticism of the initiative. Monthly allocations to the 36 states and 774 local councils increased from roughly ₦458.81 billion in May 2023 to over ₦991 billion by June 2025, representing a 116% increase in some periods. The improved FACC allocation to the states may be one of the reasons for the cordial relationship between most of the state governors and the federal government, as the states were able to execute many projects to fulfill their campaign promises.
Another unique foresight of the government in implementing the 2023 reforms is the recapitalization of banks to strengthen financial institutions, as the Naira weakens amid a spike in inflation. The massive devaluation of the Naira in 1994 led to a wave of bank failures some years later. According to Central Bank reports, by 1998, 20 distressed banks had had their licenses revoked, with dire consequences for the economy. The 2024 banking recapitalization, ending March 2026, which gave banks a 24-month window to shore up their capital, was a masterstroke to strengthen the financial system, build stronger, more resilient banks to withstand Naira depreciation shocks, and foster sustainable economic growth and development.
The brand-new set of tax and fiscal laws delivered by the Presidential Committee on Fiscal Policy and Tax Reforms became operational on the 1st of January 2026. The law aims to remove all barriers to business growth in Nigeria and further diversify the economy by enhancing its revenue profile, weaning the nation from reliance on crude oil export revenue. The laws are to enhance revenue collection efficiency, ensure transparent reporting, and promote the effective utilization of tax and other revenues to boost citizens’ tax morale, foster a healthy tax culture, and drive voluntary compliance.
The government, after protracted negotiations with labour unions, reviewed the national minimum wage in July 2024, from ₦30,000 to ₦70,000 per month, to mitigate the impact of inflation, one of the most debilitating unintended consequences of the reforms. The government, in a proactive move, promulgated the National Minimum Wage Amendment Act 2024 to shorten the minimum wage review period from 5 years to 3 years, meaning that the next formal review is due in 2027. There are several other projects and programmes aimed at repositioning the economy, such as the massive divestment of onshore oil assets in 2024 by International Oil Companies (IOCs) to indigenous Nigerian firms, which has increased crude oil production from 1.1mbarrel per day in 2023 to around 1.44million barrels per day (mbpd) in 2025. The speedy conclusion of the transfer deals and the rework of the assets is crucial to the actualization of the government’s target of daily production of 2.5m barrels per day in 2026 and the turnaround of the economy for another era of sustainable growth and development.
There is also the deployment of 2,000 high-quality tractors with trailers, ploughs, harrows, sprayers, and planters in 2025 as part of the government’s commitment to inject 2000 tractors annually to improve farming efficiency and reverse the poor mechanization of our farms. Nigeria, with a land area of 92m hectares, of which 34m hectares is arable, has less than 50,000 tractors, which is dismally low and significantly responsible for our food insecurity.
In conclusion, there is no doubt that the President and his team have done many things differently, such as the audacious simultaneous removal of the fuel subsidy and the unification of the multiple exchange rates, the floatation of the Naira, new fiscal and tax laws, the recapitalization of banks, and the minimum wage review. These are comprehensive monetary, fiscal, and structural reforms that are delivering changes, transitioning our country from a restricted, inefficient, or crisis-prone economy to a more open, market-oriented, and competitive one. The pains uploaded upfront at the inception of the regime are giving way to discernible gains and unprecedented reset of the economy for sustainable growth and development. Our nation is poised to enter another era of pervasive economic boom, having emerged from the bust cycle that began in 2014 stronger. A solid framework for replicating the economic boom of 2005 to 2014 has been laid by adopting market-determined exchange rates and fuel prices, and by ramping up crude oil production. The government must evolve pragmatic trade and investment policies to mitigate some of the unintended consequences of the reforms, such as dwindling household consumption, escalating inequalities, and the percentage of people living below the poverty line, while protecting local industries, attracting foreign investment, boosting job creation, and enhancing the standard of living of the people. Nigeria is no doubt set for another era of sustainable growth and development.

Dr Abolade Agbola, DBA, MSc Ag Econs, FCS, FCIB, Managing Director of Lam Agro Consult Limited and Lam Business Solutions, is a Stockbroker, Banker, and Agribusiness Business Consultant .He writes from Lagos

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Alleged Coup Attempt Against Tinubu, Fraud Charges: Sylva Faces Possible Arraignment in Absentia

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Former Bayelsa State Governor, Timipre Sylva, has yet to return to the country months after his Abuja residence was raided by operatives of the Defence Intelligence Agency.

It was reported that the raid was connected with investigations into the alleged coup attempt against President Bola Tinubu.

Our correspondence gathered that Sylva, who was also declared wanted by the Economic and Financial Crimes Commission over alleged $14,859,257 fraud, might be arraigned in absentia for financial crimes.

Top officers of the Department of State Services and the EFCC told one of our correspondents that the International Criminal Police Organisation and other Nigerian partners in the war against crime were currently trailing the former governor.

The Defence Headquarters had, in October 2025, dismissed reports of a coup attempt, despite the arrest and detention of 16 officers accused of sponsoring the plot.

The DHQ, in a statement by its Director of Defence Information, Brig Gen Tukur Gusau, on October 18, 2025, denied a Sahara Reporters story linking the detention of the officers to a failed coup and the cancellation of the October 1 Independence Day parade.

Gusau described the report as “intended to cause unnecessary tension and distrust among the populace.”

“The ongoing investigation involving the 16 officers is a routine internal process aimed at ensuring discipline and professionalism within the ranks. An investigative panel has been duly constituted, and its findings will be made public,” he said.

However, last Monday, the military backtracked, confirming that there was indeed a plot to topple Tinubu’s administration.

Presenting the outcome of investigations on the detained officers, the new Director of Defence Information, Maj Gen Samaila Uba, said the findings identified several officers with cases to answer over allegations of plotting to overthrow the government.

He said, “The findings identified a number of officers with allegations of plotting to overthrow the government, which is inconsistent with the ethics, values and professional standards required of members of the AFN.”

He noted that those indicted would be formally arraigned before relevant military judicial panels to face trial in line with the Armed Forces Act and other applicable service regulations.

Following the arrest of the 16 military officers, Sylva’s Abuja residence was raided on October 25, 2025, by operatives of the DIA.

Sylva was out of the country at the time his house was raided, but his younger brother, Paga, who serves as his Special Assistant on Domestic Affairs, along with his driver, was arrested during the operation.

Also, the former governor was declared wanted on November 10, 2025, over an alleged case of “conspiracy and dishonest conversion” of $14,859,257, part of funds injected by the Nigerian Content Development and Monitoring Board into Atlantic International Refinery and Petrochemical Limited for the construction of a refinery.

However, Sylva’s Special Assistant on Media and Public Affairs, Julius Bokoru, dismissed reports linking his principal to the coup plot, describing them as baseless and politically motivated.

He described the reports as the handiwork of “desperate and self-seeking politicians seeking to actualise their ambitions ahead of the 2027 elections.”

In a statement, Bokoru condemned the EFCC’s action, noting that the former minister was undergoing medical examination in the UK and would honour the commission’s invitation upon his return to Nigeria.

However, three months after being declared wanted, Sylva has yet to return to the country.

Our Findings revealed that the EFCC had alerted Interpol to facilitate the arrest of the former governor.

Although the Interpol spokesperson in Nigeria, Benjamin Hundeyin, who also doubles as the Force Public Relations Officer, neither answered calls nor responded to messages sent to his phone, top security officers, including DSS and police personnel, said Interpol was involved in efforts to apprehend Sylva.

“Interpol was contacted immediately after the former governor was declared wanted. Apart from the EFCC, the service is also after him. He can’t hide forever. He should submit himself for investigation if he is indeed innocent.

“Nnamdi Kanu was out of the country for a while, thinking he was off the radar. But where is he today? We will also get Sylva,” said a DSS operative knowledgeable about the matter.

Similarly, an EFCC officer, who spoke  with our correspondence on condition of anonymity because he was not authorised to speak on the matter, disclosed that Sylva would be arraigned.

“He is still on our wanted list. We are looking for the right time to arraign him. However, investigations are ongoing. We are building our case against him and, when concluded, he will be charged,” the source said.

Asked if the commission would proceed to court before his apprehension, the source said Sylva could be arraigned in absentia.

“It is possible, and the law makes provision for it. However, we have not concluded that this is the option we will take. But legally, it is possible,” he added.

Speaking with one of our correspondents, another EFCC operative urged the former governor to turn himself in.

“When a suspect of such status is declared wanted, all our partners around the world are placed on notice. Wherever he is, he will be traced. The right thing to do is to turn yourself in,” he added.

However, when contacted last Thursday, Sylva’s spokesperson declined to comment on the matter.

“Given the confirmation by the Defence Headquarters, this is now a national security matter. I am not in a position to comment on speculations, travel or investigations. Relevant authorities are best placed to speak when appropriate,” Bokoru said in a text message.

 

 

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