Court adjourns case between Maize farmers, Ecobank to Oct. 21

News Express |11th Oct 2025 | 137
Court adjourns case between Maize farmers, Ecobank to Oct. 21

Ecobank logo




By SHEDRACK FRANK

State High Court 14, Yenagoa, on Friday, adjourned the case between Maize Growers Processors and Marketers Association of Nigeria (MAGPMAN) Bayelsa Chapter, and Ecobank Plc to October 21st.

The farmers had alleged that the bank made unauthorized withdrawals from their accounts, leading to financial losses to them.

The farmers are seeking redress for the alleged financial malfeasance.

The aggrieved farmers are seeking legal redress from Ecobank over the bank’s unsatisfactory handling of their accounts which exposed them to avoidable risks and losses.

When the case came up for pre-trial hearing, the claimant’s Counsel, Seimiekumo Avery, told the court that the case was for pre-hearing and presentation of witnesses.

He said that they had a motion to call additional witnesses.

The counsel said that the motion was filed on September 29th, seeking the approval of the court to enlist three more witnesses with details in the motion paper.

The court presided over by Justice Amaebi Orukari ruled that the claimants should amend their motion before pre-trial would commence.

The judge thereafter adjourned the case until Oct. 21.

According to the court summons document sighted by the News Agency of Nigeria (NAN), the farmers accounts domiciled with the Bank on the Anchor Borrower Programme of the Central Bank of Nigeria was run in breach of the CBN’s rules for the scheme.

The maize farmers are seeking a cumulative general and punitive damage of N68 billion.

MAGPMAN Bayelsa state chapter in their grouse before the court, lamented that the fraud allegedly perpetrated by the commercial bank had left them with no choice than to seek redress, since the bank (Ecobank) refused to listen to them in a way they would have resolved the issue. (NAN)




Comments

Post Comment

Saturday, October 11, 2025 9:26 AM
ADVERTISEMENT

Follow us on

GOCOP Accredited Member

GOCOP Accredited member
logo

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

Contact

Adetoun Close, Off College Road, Ogba, Ikeja, Lagos State.
+234(0)8098020976, 07013416146, 08066020976
info@newsexpressngr.com

Find us on

Facebook
Twitter

Copyright NewsExpress Nigeria 2025