Court orders FG to pay Bayelsa $951m derivative arrears

The Federal High Court, Abuja, yesterday, ordered the Federal Government to pay $951 million to the Bayelsa State Government.

The amount is the 13 per cent derivative sum due as arrears of revenue and payable to Bayelsa State.

Justice Inyang Ekwo, who delivered the judgment, held that the Attorney-General of the Federation (AGF), the sole defendant in the case, failed to enter his defence in the suit.

Justice Ekwo ruled that the development made the court to declare the plaintiff’s case “unchanged.”

Ken Njemanze filed the suit on behalf of the Bayelsa government. The plaintiff, in the suit marked: FHC/ABJ/CS/175/2012 and filed on February 12, urged the court to compel the AGF to pay five per cent of $50 billion recovered as additional revenue that accrued to the Federal Government.

Facebook Comments

Leave a Reply