The Central bank of Nigeria, CBN, has been ordered by a Federal high court to pay the sum of eight billion naira (N8bn), to some Tiv communities in Ukum, Logo, Kwande and Katsina-Ala Local Government Areas of Benue State for the loss of lives and properties the communities suffered during the invasions by soldiers of the Nigerian Army in 2001.
Justice Nyang Ekwo gave the order following the garnishee application by the communities.
He ruled, “The garnishee (CBN) is hereby ordered to pay the garnishee sum into an interest-yielding account to be opened and maintained by the Chief Registrar of this court in First Bank of Nigeria Plc.
“The order authorising the disbursement of the money shall be made upon being satisfied with the terms of disbursement including the legal fees jointly singed by Ocha Ulegede, Esq, and J.K Gadzama, SAN, for the ganishors and endorsed by first-class chiefs of Jukun, Logo, Kwande, Katsina-Ala local government areas on behalf of the Tiv Traditional Council.”
(Credit: Punch)
Rice, a staple for Christmas celebrations in Nigeria, has become a luxury this year. Soaring…
Panic erupted on Saturday at a concert in Lagos when the stage collapsed during Odumodublvck’s…
The Federal Government of Nigeria has allocated ₦6,364,181,224 billion for the refurbishment and rehabilitation of…
The black market dollar to naira exchange rate for today, 22nd December 2024, can be…
The Nigerian National Petroleum Company Limited (NNPCL) has refuted claims that the 60,000 barrels per…
Manchester City finds itself in unprecedented turmoil, with relegation-level form showing little sign of improvement.…
