Court Refuses To grant Injunctive order against FG over $418million Paris Club refund.

A federal high court in Abuja has refused to grant an Injunctive order against the federal government over the bid to deduct 418 million dollars from the allocations of the 36 states government to fund their contractual obligations in the Paris club refund.

Justice Inyang Ekwo on Monday declined to grant the injunctive order request made by the 36 state governors to stop the federal government from proceeding to continue further deductions from their money from the federation account.

The governors through their counsel, Sunday Ibrahim Ameh had moved a motion today, praying the federal high court to grant an Injunctive order against the federal government so as not to proceed with deduction of their 418 million dollars.

Their grouse was that the they were not parties to a legal action which resulted in a judgment that ordered the federal government to deduct the 418 million dollars from the state government account to settle the debt obligations to various contractors who assisted the states in the Paris club refund project.

Defendants in the matters comprising contractors and banks had objected to the request by the state governors for the injunctive order against the federal government on the ground that a federal high court had earlier issues order that federal government should deduct the money.

The defendant argued that based on the earlier judgement of court, the former Chairman of Nigerian governors forum Abdulazeez Yari issued a promissory note on behalf of the governor’s to the effect that the 418 million dollars be deducted from thier money from the federation account.

In a rulling after taking submissions from counsel, justice Ekwo refused to grant the injunctive order sought and fixed 21 December for hearing of the substantive suit.

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