APC presidential aspirant sues CBN, UBA, GTBank, Zenith for £990 trillion damages

Tunde Omosebi, a former APC presidential aspirant in the 2023 election, has sued the Central Bank of Nigeria and others for £990 trillion in damages for violating his fundamental rights.
Mr Omosebi, in the suit filed before Justice James Omotosho of the Federal High Court, Abuja Division, also asked the court for an order converting the CBN to a Reserve Bank of Nigeria.
He also urged the court to order commercial banks involved in the alleged financial irregularities operating and contributing to the disadvantaged economy to be converted to ‘DRIG BANK’ at the Corporate Affairs Commission.
He equally sought exemplary damages of £99 trillion against the defendants.
Mr Omosebi, who sought a 10 per cent interest on the total recoverable amount, urged the court for N5 million as the cost of filing the suit.
He urged the court to grant his relief over the alleged traumatic torture he went through and in line with the Fundamental Rights (Enforcement Procedures) Rules 2009 as guaranteed by the 1999 Constitution (as amended).
In the suit marked FHC/ABJ/CS/766/2024, the plaintiff named CBN, United Bank for Africa, Guarantee Trust Bank, Zenith Bank, the Senate, and the House of Representatives as first to sixth defendants, respectively.
The claimant, who listed other banks in the suit, also sued the Ministry of Finance as the seventh defendant.
The suit was filed pursuant to Order, Rules 1, 2, 3, & 5 of the Fundamental Rights (Enforcement Procedure) Rules 2009; Sections 34(1)(a), 35(1), 36(1), 41(1), 46(1)-(3) of the 1999 Constitution (as amended) and under the inherent jurisdiction of the court.
In the affidavit he personally deposed to, the applicant described himself as a businessman and politician.
Mr Omosebi also described himself as the chairman of the Federation Executive Council and the prime minister of the Federal Republic of Nigeria.
According to him, the applicant gets paid based on his role, projects and contracts executed by his businesses, and his investment portfolio as contained in the corporate resolution.
He alleged that the defendants breached the assembly industrial agreement/arrangement and denied him his Fundamental Right (Enforcement Procedure) Rule 2009, Sections 35, 43, 45, and Fundamental Objectives and Directives of State Policy 14(2)(b), 16(1)(a-b).
Justice Omotosho fixed February 5 for the hearing.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Gov. Bago assigns portfolios to six new Niger commissioners
Mr Ebbo congratulated the new commissioners.

NationWide
Digital infrastructure will strengthen government institutions, says BPSR DG
Mr Arabi said the governors were selected following a comparative assessment of digital government performance across the states.

Politics
AAC unveils Oladele, Jaye as Oyo governorship candidate, running mate
The African Action Congress has unveiled Saheed Oladele as its 2027 governorship candidate in Oyo state and Damola Jaye as his running mate.

States
CSO seeks probe of illegal mining in Akwa Ibom’s Stubbs Creek reserve
Community leaders in the affected area decried the spate of unregulated mining activities.

Africa
Police launch probe as Ugandan female varsity student found dead in hostel
The deceased was studying Bachelor’s degree in Accounting and Finance.

NationWide
Tinubu transmits national research, development fund Bill to Senate
Mr Tinubu stated, “It is my hope that the Senate will consider the bill and its passage into law expeditiously.”





