The Osun Government has filed a notice of withdrawal of the suit it instituted against the Central Bank of Nigeria and the Accountant-General of the Federation at the Federal High Court in Abuja.
Counsel to the state’s government, Musibau Adetumbi, SAN, told Justice Emeka Nwite that the case had been overtaken by event.
Adetunbi said that the suit, which sought to safeguard the withheld local government funds, had been defeated as the allocation had been moved out of the CBN by the defendants.
According to reports that the Osun Attorney General (AG) had, on state’s government behalf, sued the CBN, the AGF and the Attorney-General of the Federation in the case.
Judge Nwite however dropped the name of the Attorney-General of the Federation from the suit, on Sept. 22, after the plaintiff discontinued the case against him, as similar suit was already before the Supreme Court.
The suit seeks to stop the Federal Government from releasing withheld local government allocations to sacked chairmen and councillors elected during former Gov. Adegboyega Oyetola’s tenure.
“On September 29, 2025, when the matter was heard, I told the court that our primary aim was to safeguard the money.
He told the court that the notice of discontinuance was filed pursuant to Order 51 Rule 2 of the Federal High Court Rules.
He said that any further arguments in the matter would amount to an academic exercise.
CBN’s lawyer, Muritala Abdulrasheed, SAN, and that of the AGF, Tajudeen Oladoja, SAN, did not oppose the application for discontinuance of the suit.
They, however, disagreed with the averments in an affidavit of facts attached to the application.
According to Muritala, the plaintiff made damaging depositions in the affidavit of facts.
He said that the plaintiff should withdraw the affidavit along with the notice of discontinuance because some of the depositions in the affidavit were against persons who were not parties in the matter.
He argued that the grounds upon which the notice of discontinuance was predicated were in bad faith.
About the Author
