Indigenes beg court to stop Gov Nyako from taking N3.7bn loan

A High Court of Justice in Adamawa state has been asked to stop Governor Murtala Nyako of AdamawaState from securing over N3.7billion loan from Islamic Development Bank, IDB.

Adamawa State indigenes, through their lawyer, Mr. Dan Kozah, are praying the court for an order restraining the Governor from sourcing for external loans or granting approval for the sourcing of external loans either from the IDB or any other financial institutions pending hearing and determination of their motion on notice.

Whereas three of the indigenes, Engineer Albert Stephen, Dr. Penni Boga and Francis Zira, endorsed the suit on behalf of the others, those listed as defendants   were Governor Nyako; the Adamawa State House of Assembly and the Attorney-General and Commissioner of Justice of the State.

In their statement of claim, the plaintiffs accused Nyako of putting machinery in place to secure a loan to the tune of $24, 113, 417.00 on behalf of the State from IDB.