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Osun State Government Challenges $13.9M Arbitration Award

Osun State Government Challenges $13.9M Arbitration Award

The Osun State Government announced it has filed an application with the Federal High Court in Lagos to set aside an ex parte order that restricted its bank accounts over a $13.9 million arbitration award in favor of Gamji Nigeria Company Limited. The order was issued by Justice D.E.

Osiagor following an application from Gamji's counsel, Yunus AbdulSalam (SAN). The Osun government, represented by Commissioner for Information and Public Enlightenment Kolapo Alimi, contended that the order resulted from deceit and significant non-disclosure of material facts.

The government asserted that the referenced arbitration award does not exist, as the only award against it was made in July 2026 and is currently being challenged in the Lagos State High Court. The dispute originated from a 2017 contract under ex-Governor Adegboyega Oyetola's administration, where Gamji's variation request was denied.

The state government claims the arbitration process was mismanaged, denying it a fair hearing.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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