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Court Orders Nigerian Central Bank To Release Information On Forex Subsidies Given To Oil Marketers After CML Report

A Federal High Court in Abuja has ordered the Central Bank of Nigeria to release its data on Forex subsidies and make it available to a civic group, the Human and Environmental Development Agenda (HEDA Resource). This was contained in a court ruling in a lawsuit between the Incorporated Trustees of Human and Environmental Development Agenda (HEDA Resource Centre) and the Central Bank of Nigeria (CBN). The judgement is based on suit number FHC/ABJ/CS/1622/2020, which was filed after the CBN refused the HEDA Resource Centre's Freedom of Information (FoI) request. ....

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