• Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
Saturday, September 13, 2025
Emerald News Nigeria
  • Home
  • Inside Delta
  • Health
  • Politics
  • Crime
  • Economy
  • Education
  • Relationship
  • Special Report
No Result
View All Result
  • Home
  • Inside Delta
  • Health
  • Politics
  • Crime
  • Economy
  • Education
  • Relationship
  • Special Report
No Result
View All Result
Emerald News Nigeria
No Result
View All Result

Court orders FG to pay $1.6bn derivative arrears to Delta state

by Emerald Nigeria
November 2, 2021
in Economy
ShareTweetShareShare

The Abuja Division of the  Federal High Court, on Monday, ordered the Federal Government to pay $1,638 billion to the Delta state.

The court, in a judgement that was delivered by Justice Donatus Okorowo, said it was satisfied that the amount was 13 per cent derivative sum due as arrears of revenue payable to the oil-rich state.

It granted all the reliefs that were sought by the plaintiff, stressing that the suit, being an action instituted to recover revenue accruing to the Delta state government, qualified for the undefended list.

Justice Okorowo declared the suit as “unchallenged”.

Delta state had in the suit marked FHC/ABJ/CS/660/2012, which it filed through Chief Ken Njemanze, SAN, urged the court to compel the Attorney-General of the Federation, AGF, to pay five per cent of $50billion recovered as additional revenue that accrued to the Nigerian government.

It prayed the court to, “direct the Defendant (AGF) to pay the sum of $ 1,638,396,277.00 (One billion, six hundred and thirty-eight million, three hundred and ninety-six thousand, two hundred and seventy-seven United States dollars) being the 13% derivative sum due as arrears of revenue payable to Delta State as assessed.

Also Read:

Calls Mount for Arrest, Justice, Accountability for 19-Old Girl Stripped, Brutalised in Viral Video

Court Adjourns Criminal Case Against Asaba Pentecostal Pastor To November 7

Delta High Court Delivers Crushing Blow To Land Grabbers In Ogwashi-Uku

Supreme Court Dismisses Second Attempt At Appeal By Dieyi Family In Ogwashi-Uku Royal Dispute

“A consequential order of this court compelling the defendant to net off and pay five per cent of the said sum as per clause 3.0(v) of the defendant’s letter of engagement dated 12 April, 2018 and clause 3.0(v) the defendant’s further letter of engagement dated 19 November, 2018, pursuant to clause lll(d) of the terms of settlement made the (consent) judgement by the Supreme Court”

As well as, “10% post judgment interest at court rate on the said $ 1,638,396,277.00 (One billion, six hundred and thirty-eight million, three hundred and ninety-six thousand, two hundred and seventy-seven United States dollars) to the plaintiff until final liquidation thereof.”

However, the AGF, in a counter-affidavit he filed before the court, sought the dismissal of the suit which he said lacked competence.

In the affidavit that was deposed to by one Thomas Etah, a staff of the Federal Ministry of Justice, Abuja, the AGF, argued that Delta State was not a party in the terms of settlement in a similar revenue derivation suit between the Akwa-Ibom, Bayelsa and Rivers State governments delivered by the Supreme Court.

He contended that it would not serve the interest of justice to grant the Plaintiff’s claim against the Defendant without full hearing of the matter.

“That the terms of settlement in question have been entered as judgement of the court between the parties before the court,” the AGF argued.

In a preliminary objection dated September 22, 2021, the AGF, further challenged jurisdiction of the Federal High Court to entertain the suit.

He argued that under Section 251 of the 1999 Constitution, as amended, the High Court, lacked the powers to adjudicate between a State and the Federation.

“That the subject matter of this suit is not to be commenced by way of undefended list,” the AGF added.

However, in his judgement, Justice Okorowo dismissed the objection, even as he entered judgement in favour of the Plaintiff.

“The suit succeeds on its merit and all the reliefs sought by Plaintiff.

“Judgement is hereby entered on the claims of the plaintiff in this case. This is the order of this court,” Justice Okorowo held.

June, also ordered FG to pay $951 million to the Bayelsa Government as 13 per cent derivative sum due to it as arrears of revenue.

The court equally ordered FG to pay the sum of $3.3 billion to Rivers and Akwa Ibom states, being their revenue share from crude oil sales.

Credit: VANGUARD NEWSPAPER

Tags: court
ShareTweetShareSend
Previous Post

IPOB: Soludo, Uba, Ozgbo confused, trade blames as violence threatens November 6 election in Anambra

Next Post

NDLEA arrests 400L UNIBEN student, mother of 2-month old baby for drug trafficking

Related Posts

Bank Sacks Staff, Replaces Her With AI Tool She Trained

Bank Sacks Staff, Replaces Her With AI Tool She Trained

September 5, 2025
Mayor of Urhoboland Felicitates Governor Oborevwori on 62nd Birthday

DESOPADEC Must Render Account to Deltans – Mayor Akpodoro Challenges Oborevwori, Nani

September 2, 2025
South-South Stakeholders Converge in Asaba for NG-CARES Review Meeting, Chart Course for Next Phase

South-South Stakeholders Converge in Asaba for NG-CARES Review Meeting, Chart Course for Next Phase

August 26, 2025
Mulade Urges Ijaw, Itsekiri to Strengthen Unity for Peace and Development

Mulade Urges Ijaw, Itsekiri to Strengthen Unity for Peace and Development

August 18, 2025
I asked Grok one of most powerful AI tools to give me the wealthiest tribe in Nigeria, the tribe it mentioned with reasons will shock you

I asked Grok one of most powerful AI tools to give me the wealthiest tribe in Nigeria, the tribe it mentioned with reasons will shock you

August 14, 2025
What Actually Happened – Ibom Air Explains Disturbing Encounter With Unruly Passenger

What Actually Happened – Ibom Air Explains Disturbing Encounter With Unruly Passenger

August 11, 2025
Next Post
NDLEA arrests 400L UNIBEN student, mother of 2-month old baby for drug trafficking

NDLEA arrests 400L UNIBEN student, mother of 2-month old baby for drug trafficking

Trending

  • BREAKING: Governor sacks aide over post on WhatsApp status

    BREAKING: President sacks Finance Minister, 4 Others in a Surprise Cabinet Shake Up

    0 shares
    Share 0 Tweet 0
  • SEX outside marriage banned in Indonesia- Citizens,foreigners to face one year jail term if caught

    0 shares
    Share 0 Tweet 0
  • Oborevwori Under Fire: Critics Demand Governor Sack His Brother Over Delta’s Poor Outing at 2025 NYG

    0 shares
    Share 0 Tweet 0
  • BREAKING: Health Minister Collapses During Live Conference, Says It’s Blood Sugar Drop

    0 shares
    Share 0 Tweet 0
  • President Tinubu Sacks Aide, Asks Nigerians to Stop Doing Business With Him (Photo Inside)

    0 shares
    Share 0 Tweet 0
  • Selective Accountability? Executive Assistant Demoted as Governor’s Brother Escapes Fallout in Delta Sports Crisis

    0 shares
    Share 0 Tweet 0
  • (Watch Video): Leaked S3x tape of another Nigerian celebrity is shared online, victim reacts as her video goes viral

    0 shares
    Share 0 Tweet 0
  • 2027: Asagba of Asaba makes declarative statement on Governor Oborevwori’s ambition

    0 shares
    Share 0 Tweet 0
  • Senator Dafinone Set to Sponsor Urhobo Language Competition in Honour of Late Senator Ewherido

    0 shares
    Share 0 Tweet 0
  • Exposing Falsehoods: A Rebuttal to Nwankwo Nwaezeigwe on Anioma Identity and Ned Nwoko

    0 shares
    Share 0 Tweet 0

Latest Stories

Nwaezeigwe on Anioma & Senator Nwoko: Writing Poison As Viewpoint, By Norbert Chiazor

September 10, 2025

2027: Asagba of Asaba makes declarative statement on Governor Oborevwori’s ambition

September 10, 2025

BREAKING: Health Minister Collapses During Live Conference, Says It’s Blood Sugar Drop

September 10, 2025

Oborevwori Under Fire: Critics Demand Governor Sack His Brother Over Delta’s Poor Outing at 2025 NYG

September 9, 2025

Police Inspector Accused Of Threatening Ogwashi-Uku Monarch Released On Bail

September 9, 2025

Selective Accountability? Executive Assistant Demoted as Governor’s Brother Escapes Fallout in Delta Sports Crisis

September 9, 2025

BREAKING: President sacks Finance Minister, 4 Others in a Surprise Cabinet Shake Up

September 9, 2025

Activist to FG: Extend Lagos-Style Bridge Projects to Neglected Niger Delta Coastal Communities

September 8, 2025

President Tinubu Sacks Aide, Asks Nigerians to Stop Doing Business With Him (Photo Inside)

September 8, 2025

Aniocha/Oshimili Elders Declare Support for Anioma State, Say What Matter is State Creation Not Zonal Attachment

September 8, 2025
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions

© 2024 Emerald News Nigeria.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Emerald News Nigeria
  • Inside Delta
    • Niger Delta
  • Politics
  • Economy
  • Crime
  • Education
  • Health
  • Entertainment
  • Relationship
  • Special Report

© 2024 Emerald News Nigeria.