The Osun Government on Friday 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 events.
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.
The News Agency of Nigeria (NAN) reports that the Osun Attorney General (AG) had, on the state government’s 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 a 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.
