Court Fixes October 29 To Hear Contempt Proceedings Against CBN

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A Federal High Court sitting in Lagos will on October 29 hear a committal proceedings filed by some pensioners, against the Central Bank of Nigeria (CBN) for allegedly disobeying a judgment of the court.

The pensioners: James Jemilo, Thompson Edun, Jacob Amao, and Joachim Ajala, who are suing for themselves and on behalf of all CBN pensioners, want the court to compel the CBN to comply with the federal government’s directive on pension harmonisation.

Listed as contemnors in the case are the CBN, deputy governor, corporate services, Alhaji Suleiman Barau; director, human resources, Ms Chizoba Mojekwu, and director of legal services, Simon Onekutu.

LEADERSHIP recalls that in a judgment delivered on May 22, 2000, Justice Wilson Egbo-Egbo, (now retired), had directed CBN to pay the applicants all accrued pensions with effect from January 1 1997, on emoluments currently earned by their serving counterparts.

The judgement was also upheld by both the Court of Appeal, and later the Supreme Court, on December 5, 2006, and May 21, 2010 respectively.

The plaintiffs averred that after the Supreme Court’s judgment, CBN slightly enhanced the pension arrears of about 1,604 pensioners who retired before June 1, 2000, out of 5,000 eligible pensioners.

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