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Buhari sued over FG's plan to borrow N895bn from dormant accounts – Punch Newspapers


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Sodiq Oyeleke
Sodiq Oyeleke
Published 14 March 2021
The Federal High Court in Abuja has been asked to restrain and stop President Muhammadu Buhari and the Federal Government from borrowing an estimated N895bn of Nigerians’ money in the form of their unclaimed dividends and balances in dormant accounts.
Socio-Economic Rights and Accountability Project filed the lawsuit after the recent move by the Federal Government to take over and borrow unclaimed dividends and dormant account balances owned by Nigerians in any bank in the country. But the same legislation explicitly excludes dormant official bank accounts by all branches of government and their agencies. ....

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