Court fixes date in suit to stop Kano Govt. N300b loan from China
A Federal High Court sitting in Kano on Tuesday fixed February 2, 2021, for mention in a suit to stop Kano State Government from borrowing N300 billions from China for a light rail project.
Solacebase reports that in an interim injunction filed by Center for Awareness on Justice and Accountability (CAJA) and Kabiru Saidu Dakata, the two plaintiffs prayed the court to stop the move to obtain the loan from China.
Read Also: Governor Ganduje’s spiralling thirst for foreign loans-Umar Haruna Doguwa
The 8 respondents in the matter are Kano State Government, Senate President, 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 show cause why the applicants prayers for an interim injunction should not be granted
The court granted the prayer of the plaintiffs to serve 7th and 8th defendants in the suit through a substituted means by serving the processes at China Embassy in Abuja.
Recalls that Kano state government is making efforts to obtain a N300b loan from China Exim Bank to finance a light rail project, which many have criticized and opposed, including a petition sent to the Debt Management Office by a concerned group, led by Alhaji Bashir Tofa.
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