Osun seeks to vacate order freezing accounts

The Osun State Government has filed an application before the Federal High Court in Lagos seeking to set aside an ex-parte order freezing its accounts over a $13.9 million and N157.5 million arbitration award in favour of Gamji Nigeria Company Limited. Gamji, a contractor handling a water project in the state, had obtained the order directing the freezing of Osun State Government accounts with several commercial banks over the arbitration award. In a statement issued on Sunday by the Commissioner for Information and Public Enlightenment, Kolapo Alimi, the state government alleged that the order was obtained through concealment of material facts. Alimi said the application to set aside the order was filed before the Federal High Court on October 2, 2026, adding that the arbitration award Gamji sought to enforce was also being challenged by the state government over what it described as irregularities in the arbitration.

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