13% Derivation: Court Orders AGF Malami To Pay Bayelsa Govt N390.79bn

The Federal High Court, Abuja, on Monday, ordered the Attorney-General of the Federation, Mr Abubakar Malami (SAN) to facilitate the payment of a whooping 951 million dollars (about N390.79bn) to the Bayelsa State Government on behalf of the federal government.

The amount is the 13 percent derivative sum due as arrears of revenue and payable to the Bayelsa government.

Justice Inyang Ekwo, who delivered the judgment, held that the Attorney-General of the Federation (AGF), the sole defendant in the case, failed to enter his defense in the suit.

Justice Ekwo ruled that the development made the court declare the plaintiff’s case “unchanged.”

Ken Njemanze, SAN, filed the suit on behalf of the Bayelsa government.

The plaintiff, in the suit, marked: FHC/ABJ/CS/175/2012 and filed on Feb. 12, urged the court to compel the AGF to pay five percent of $50 billion recovered as additional revenue that accrued to the Nigerian government.

The judge noted that where a person issues s letter of demand on another person upon outstanding facts, the person for whom the demand notice was issued must take steps to react to same.