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Why banks cannot lift order defreezing GHL’s accounts
FirstBank has appealed the Federal High Court judgement that lifted the order placed on the assets of General Hydrocarbons Limited, its directors, and shareholders.
In a statement issued by the bank on Sunday, it warned other banks to be cautious in complying with the ruling of Justice Deinde Dipeolu, disclosing that it has appealed the discharge of the ruling and that the decision of the banks to comply with the ruling was premature.
The statement read, “Our attention has been drawn to recent media reports suggesting that some banks have begun complying with the ruling of Honourable Justice Deinde Dipeolu of the Federal High Court, Lagos, which lifted the Mareva order placed on the assets of General Hydrocarbons Limited, its directors, and shareholders. We would like to state that such action is premature, as the necessary steps for banks and stakeholders to comply with the court’s decision have not yet been completed.
“Notwithstanding the above, FirstBank has also appealed against the discharge of the Mareva order and applied for an injunction and/or suspension of the discharge order pending the determination of the appeal. In view of the pending appeal and motion for injunction, banks are expected to maintain the status quo.
FirstBank remains committed to protecting the interests of its shareholders, depositors, and stakeholders. We will continue to pursue all available legal avenues to recover un-serviced debts from debtors, ensuring that those who have defaulted on their obligations are held accountable.
“We wish to seize this medium to assure all our valued stakeholders that FirstBank remains strong, stable, and fully committed to resolving this issue in line with the provisions of the law. We are actively addressing all matters at hand with transparency and diligence while remaining focused.”
Justice Dipeolu on Wednesday vacated an ex parte Mareva injunction that froze the assets of General Hydrocarbons Limited, a Nigerian oil and gas services company, in connection with a disputed $225.8m loan debt, holding that the injunction violated an existing order from a court of concurrent jurisdiction.
GHL disclosed that banks have begun to comply with the order following the court pronouncement.
The communities came under simultaneous attacks just a day after the killing of 11 persons at Otobi Community also in Otukpo LGA.
Benue has in the past decade experienced incessant attacks.
Suspected herdsmen have again stepped up violent attacks as no fewer than three communities in the Otukpo Local Government Area (LGA) of Benue State were attacked on Wednesday.
The communities affected during the fresh attacks include Emichi, Odudaje, and Okpamaju all in Otukpo where five persons were killed in February. The communities came under simultaneous attacks just a day after the killing of 11 persons at Otobi Community also in Otukpo LGA.
Local sources confirm that several people may have been feared dead again in the fresh attack.
Wednesday’s attack came hours after Governor Hyacinth Alia confirmed the arrest of three suspected herders in connection with the invasion of Otobi village on Tuesday night.
When contacted, Otukpo LGA Chairman, Maxwell Ogiri, confirmed the attack on the three communities, saying that the attackers stormed the communities at the time when the Commissioner of Police was still at the Ochidoma Palace over the previous day’s attack on Otobi.
He added that three people sustained injury in the attacks on the three communities, leading to women and children abandoning the communities for fear of being killed.
“Only young men were in the communities when the attackers arrived. The prompt response from combined security operatives made the attackers flee and none of them were arrested,” Ogiri stated.
The police spokesperson in the state, Sewuese Anene, was yet to confirm details of the attacks on the three communities.
The 2023 Presidential Candidate of the Labour Party, Peter Obi has hailed the Northern Traditional Rulers for taking bold steps on the menacing security challenges in the region and in the country.
Obi, who was reacting to the ‘Enough is Enough’ declaration of the royal fathers on the security situation, said that their courageous steps are needed to find a lasting solution to the menace.
Writing on his X handle, Obi said “I would like to sincerely thank the Northern Traditional Rulers for their courageous and timely emergency declaration of the security situation in the region. I cannot agree less with them that “Enough is Enough” regarding the persistent killings and insecurity plaguing our nation.
“Their collective voice, as reported, underscores the urgent need for decisive action to protect lives and restore peace in our communities.
“I urge governments at all levels to work closely with these royal fathers who are closest to the people at the grassroots. Their commitment to addressing these challenges and offering counsel to regional governors reflects true leadership and a deep concern for the well-being of their communities.
“The stance of the Northern Traditional Rulers serves as a clarion call to all stakeholders. We must unite, irrespective of political affiliations, to implement lasting solutions that address the root causes of our nation’s challenges.
“Let us work together to build a Nigeria where every citizen feels safe, valued, and empowered.
By Emmanuel Agaji
The Rivers State High Court Chief Registrar, David D Thua-Maduenyi has rubbished speculations suggesting that Rivers Sole Administrator has been removed by the state’s High Court.
Naijablitznews reports this was contained in a statement personally signed by the Chief Registrar saying:
“My attention has been drawn to an online news report with the caption “BREAKING
NEWS: Governor Sim Fubara secures Court victory over Wike and Tinubu –
Federal High Court Orders Sole Administrator to vacate Government House”,
authored by one Joy Musa published by 247 ureports on Tuesday, 15th April, 2025.
“Ordinarily, I would not have bothered myself with any refutal, but for the
mischievous mention of the name of Hon. Justice Boma Diepriye which appears
synonymous with Hon. Justice Boma Diepiri of the Rivers State High Court in
paragraph 4 of the report thus:
“Justice Boma Diepriye, who presided over the case, ruled that the
appointment of a sole administrator to oversee the affairs of a state with
a sitting, democratically elected governor is “illegal, null and void…”
“In view of the above, I wish to state as follows:
Hon. Justice Boma Diepiri is not a Judge of the Federal High Court but a
Judge of the Rivers State High Court, and is already on Easter Vacation,
which commenced on Monday, 14th April, 2025.
“For the period of the Easter Vacation, only the vacation Judge is sitting:
and Hon. Justice Boma Diepiri is not the Vacation Judge.
“The mention of the name of Hon. Justice Boma Diepriye which is similar
with Hon. Justice Boma Diepiri of the Rivers State High Court is not only
false, but misleading, and clearly exposes the crass ignorance of the
reporter; as the Federal High Court is different from Rivers State High
Court.
“No State High Court gave any order(s) relating to or concerning the
subject matter as captioned in the online news.
“It is regrettable that some bloggers and online news reporters have traded
professionalism on the altar of pecuniary gains they seek to derive from traffic on
their social media handle and web pages.
“Henceforth, the Judiciary enjoins the general public to seek clarification on any
news report concerning the Court and official of the Court before publication.
“The general public is advised to clearly ignore the false and misleading publication.
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