The Osun State government on Friday filed a notice of withdrawal of the suit challenging the Federal Government’s decision to withhold the local council funds at the Federal High Court, Abuja.
The counsel to the state’s government, Musibau Adetunbi (SAN), told Justice Emeka Nwite that the case had been overtaken by events.
Adetunbi said that the suit, which sought to safeguard the withheld local government funds, was no longer necessary as the allocation had been moved out of the CBN by the federal government.
The suit seeks to stop the federal government from releasing withheld local government allocations to sacked chairmen and councillors elected during former Governor Adegboyega Oyetola’s tenure.
The CBN, the Attorney-General of the Federation (AGF) and the Accountant-General of the Federation were listed as defendants in the suit by the Osun State Attorney-General.
Judge Nwite, however, dropped the name of the AGF from the suit, on September 22, after the plaintiff discontinued the case against him.
Adetunbi said: “On September 29, 2025, when the matter was heard, I told the court that our primary aim was to safeguard the money.
“Between then and now, we are sure that, notwithstanding the pendency of the case and order of status quo, the money was moved out of the CBN.”
He told the court that the notice of discontinuance was filed pursuant to Order 51 Rule 2 of the Federal High Court Rules.
The lawyer argued that any further arguments in the matter would amount to an academic exercise.
The CBN’s lawyer, Muritala Abdulrasheed (SAN), and that of the AGF, Tajudeen Oladoja (SAN), did not oppose the application for discontinuance of the suit.
They, however, disagreed with the averments in an affidavit of facts attached to the application.
Justice Nwite adjourned the matter till October 29 for ruling on the plaintiff’s application to discontinue the suit.
