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Supreme Court fixes judgment for Nospetco Oil investors' case | The Guardian Nigeria News - Nigeria and World NewsFeatures — The Guardian Nigeria News – Nigeria and World News

Justice Muhammed Tanko
The Supreme Court of Nigeria has fixed June 11 for judgment in the case of investors in Nospetco Oil & Gas Ltd, whose N24.4 billion were trapped in the Central Bank of Nigeria, CBN.
The five-man justices of the apex court, presided by Justice Aminat Augie adjourned the case for judgment after lawyers for all parties adopted their various briefs before the court.
The investors’ money were deposited with CBN by the Security and Exchange Commission (SEC) as a result of the placement of an embargo on Nospetco’s operations.
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But the investors had through their counsel, Mr. Debo Adeleke, prayed the apex court to compel the CBN to release their money trapped in its coffer. ....

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Cells overcrowded as JUSUN strike enters second week, courts shut

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Eniola Akinkuotu and Adeniyi Olugbemi
Published 4:02 am
Published 4:02 am
Prolonged strike could cause tension in correctional centres, says NCoS
The Nigeria Police Force has lamented the strike embarked on by the Judiciary Staff Union of Nigeria even as it continues to battle overcrowding at its detention facilities.
Judiciary workers had last Tuesday embarked on the indefinite nationwide strike in protest against the denial of the judiciary its constitutionally-guaranteed financial autonomy which was also affirmed by a Federal High Court in January 2014.
The strike has prevented the police and other law enforcement agencies from arraigning suspects in courts, which have remained shut since last week. ....

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