By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

Court orders CBN Gov. Emefiele to appear over $70m judgement debt

Last updated: October 20, 2022 5:37 pm
3 years ago
Share
2 Min Read
aitlive 7 7

A Federal High Court in Abuja on Thursday ordered the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele to appear before it to explain his refusal to obey an order for payment of $70M debt.

Justice Inyang Ekwo issued the fresh order following confirmation that Emefiele had refused to obey a previous order of the court to pay the judgment debt.

The court in a judgement obtained by
a Senior Advocate of Nigeria Joe Agi, the court granted an order against the CBN governor following his persistent refusal to carry out the order of court on the judgment debt.

But instead of honouring the judgment summon served on him through a newspaper publication, Emefiele’s counsel, Damian Dodo applied that the summon be set aside on ground that an appeal has been entered.

Counsel for the applicant, Joseph Njikonye in objection to Emefiele’s motion insisted the CBN Governor is in contempt of court and must be made to purge himself before the court could give him audience.

Justice Ekwo in a ruling again ordered Emefiele to obey subsisting order of court on the judgment debt payment or honour judgment summon issued against him to offer reasons for disobeying court order.

The Judge subsequently fixed January 18 2023 for the CBN governor to physically and personally appear before the court as required by law.

The Federal High Court had ordered the CBN through Garnishee Nisi absolute to pay the senior lawyer the $70M being legal fees for services rendered to some states and the 774 Local Government Areas in the country.

( Editor: Omor Bazuaye)

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • African Energy Chamber’s (AEC) NJ Ayuk Recognized as One of New African’s Most Influential Africans of 2025 December 19, 2025
  • Four new board members strengthen Afrobarometer scope for youth empowerment, technology, governance, and finance December 19, 2025
  • Youth Charter Launches “From Luanda to Legacy”: A Global Campus Campaign for Africa’s Youth – beyond the 4th African Youth Games December 19, 2025
  • Orange supports the TotalEnergies CAF Africa Cup of Nations, Morocco 2025 in delivering a connected and inclusive tournament December 19, 2025
  • FIFA World Cup™ Trophy Tour by Coca-Cola: Celebrating Two Decades of Connection December 19, 2025

Trending

Insecurity
Coalition of Northern Youths threaten mass action over insecurity
Local
aitlive 3 5
NAPTIP rescues 12-year-old girl forced into marriage in Benue State
Local
aitlive 1 33
President Tinubu vows to end Nigeria’s reliance on borrowing, targets 18% rise in Tax to GDP ratio
Economy Headlines
aitlive 7 1
Tinubu Meets Ayim, Metuh At Presidential Villa
Local
AIT IMAGES 4
Zamfara Govt. Pledges To Prioritise Girl-Child Education
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?