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Suit To Stop Kano State From Borrowing N300B Gets Hearing Date

Suit To Stop Kano State From Borrowing N300B Gets Hearing Date

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A Federal High Court sitting in Kano on Tuesday fixed February 2, 2021, for hearing of a suit to stop the Kano State Government from borrowing N300bn from China for a light rail project.

The plaintiffs, the Centre for Awareness on Justice and Accountability and Kabiru Dakata, prayed the court to halt the move to obtain the loan from China.

The eight respondents in the suit are, the Kano State Government, the Senate President, Ahmed Lawan, Kano State House of Assembly, Central Bank of Nigeria, Ministry of Finance, Debt Management Office, China EXIM Bank and China Embassy.

The presiding judge, Justice S. I Mark, ordered the respondents in the suit to be put on notice to demonstrate why the applicants’ prayers for an interim injunction should not be granted.

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However, the court granted the prayer of the plaintiffs, to serve the 7th and 8th defendants in the suit through a substituted means by serving the processes at China Embassy in Abuja.

Recall that the Kano State Government is making efforts to secure a N300bn loan from China Exim Bank to finance a light rail project.

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