• Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
Tuesday, July 7, 2026
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:

Delta South APC Senatorial Ticket: What Happened Between Onowakpo, Diden in Court on Monday

Why NDC May Not Be On The Ballot In 2027: Facts Nigerians Need To Know

BREAKING: Court Sentences Former First Lady to 7 Years in Prison, And Here’s Why

The Establishment Has Declared War on Us — Dickson Reacts to Court Order Against NDC

“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

WHAT YOU SHOULD KNOW:  Senate passes bill by extending 2021 budget, (details)

Time Up: Nigerian Senators Move Against South Africa, Set to Hit Pretoria with Economic, Diplomatic Sanctions (See The Movers)

July 7, 2026
Petrol Set to Crash Below ₦800 as IPMAN Secures Direct Dangote Refinery Supply

Petrol Set to Crash Below ₦800 as IPMAN Secures Direct Dangote Refinery Supply

July 7, 2026
Naira Steadies at ₦1,367 as Black Market Gap Narrows to ₦33 July 7, 2026

Naira Steadies at ₦1,367 as Black Market Gap Narrows to ₦33 July 7, 2026

July 7, 2026
6 Nigerian billionaires who lost and gained in billions in the last 10 days (how they made their money)

BREAKING: Tony Elumelu to Leave UBA Group, Here’s Why and When

July 6, 2026
Accountant-General of the Federation Breaks Silence over PFIPC Operational Accounts with CBN

Accountant-General of the Federation Breaks Silence over PFIPC Operational Accounts with CBN

July 6, 2026
Transport Fare Set to Crash in Delta as Oborevwori Approves 50 CNG, Electric Buses, to Begin Construction of Terminal in Asaba

Transport Fare Set to Crash in Delta as Oborevwori Approves 50 CNG, Electric Buses, to Begin Construction of Terminal in Asaba

July 3, 2026
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

  • SPECIAL REPORT: What Oborevwori must know as Delta moves towards adoption of electric vehicles for transportation

    BREAKING: Delta to Employ Teachers for Secondary schools, Institutionalise 13 Month Salary for Civil Servants

    0 shares
    Share 0 Tweet 0
  • BREAKING: Former SSG Dies Friday at State University Teaching Hospital

    0 shares
    Share 0 Tweet 0
  • BREAKING: Tony Elumelu to Leave UBA Group, Here’s Why and When

    0 shares
    Share 0 Tweet 0
  • South Africa Rules Out Compensation for Nigerians Who Left Property After Anti-Immigration Demonstrations

    0 shares
    Share 0 Tweet 0
  • Governor Oborevwori Makes Three Big Announcement to Deltans

    0 shares
    Share 0 Tweet 0
  • Transport Fare Set to Crash in Delta as Oborevwori Approves 50 CNG, Electric Buses, to Begin Construction of Terminal in Asaba

    0 shares
    Share 0 Tweet 0
  • Jonathan Speaks on Reported N500 Billion Offer to Challenge Peter Obi in 2027 Presidential Election

    0 shares
    Share 0 Tweet 0
  • Accountant-General of the Federation Breaks Silence over PFIPC Operational Accounts with CBN

    0 shares
    Share 0 Tweet 0
  • News Analysis: Curtailing sickle cell disorder in Delta state

    0 shares
    Share 0 Tweet 0
  • Delta South APC Senatorial Ticket: What Happened Between Onowakpo, Diden in Court on Monday

    0 shares
    Share 0 Tweet 0

Latest Stories

Panic Grows as Nigeria Rushes to Rescue 270 More Citizens from South Africa Over Xenophobia Fears

July 7, 2026

Time Up: Nigerian Senators Move Against South Africa, Set to Hit Pretoria with Economic, Diplomatic Sanctions (See The Movers)

July 7, 2026

“No to Holy Wars, No to Tribal Lines: Nasarawa Lawmaker Fires 2027 Warning Shot”

July 7, 2026

Messi Saves Argentina from World Cup Shock as Champions Stage Stunning 3-2 Comeback Against Egypt

July 7, 2026

Umahi Dares Obi Ahead of 2027, Says Tinubu Has Nothing to Fear

July 7, 2026

Ronaldo bows out of World Cup as Portugal crash to Spain, says Euro 2016 means as much as football’s biggest prize

July 7, 2026

Xenophobia: Ghana Authorities Draw the Red Line, Block South Africa’s President’s Visit to Accra

July 7, 2026

Delta Splashes N22.69bn on Otu-Jeremi/Udu Road Reconstruction

July 7, 2026

Farage Quits Parliament in Blazing Bid for Voter Verdict ‘People vs The Establishment’

July 7, 2026

Senate Rejects Retaliating MTN, DSTV Seizure Despite Renewed Xenophobic Attacks

July 7, 2026
  • 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.