Appeal Court Orders CBN to Release N2.5bn to 110 Former ABU Workers

Appeal Court Orders CBN to Release N2.5bn to 110 Former ABU Workers

The Court of Appeal has ordered the Central Bank of Nigeria to immediately release N2.5 billion owed to 110 former Ahmadu Bello University staff unlawfully sacked in 1996.

The ruling upheld the National Industrial Court’s judgment and dismissed appeals by CBN and ABU to block payment.

The court warned CBN of sanctions if it delays, stating the bank must execute the judgment rather than frustrate the workers’ entitlements.