The Oyo State High Court in Ibadan has extended an interim injunction restraining the United Bank for Africa (UBA) from allowing withdrawals from 30 bank accounts containing withheld Osun State local government allocations lodged by the Central Bank of Nigeria (CBN).

Justice Ladiran Akintola, in a ruling on Friday, prolonged the order, initially issued on September 26, until October 9, 2025. The judge said the extension was necessary to allow all parties—including the Attorney-General of Osun State, the Osun State Local Government Service Commission, and UBA—to be fully heard.

Senior lawyer Kazeem Gbadamosi, SAN, representing former All Progressives Congress (APC) council chairmen, filed applications seeking to join the matter and contest the court’s jurisdiction, though counsel for UBA was absent. Plaintiffs’ counsel, Musibau Adetunmbi, SAN, requested extra time to respond, arguing that the ex-council chiefs lacked legal standing as their joinder had not yet been granted.

The plaintiffs also filed a fresh affidavit by Mrs. Rachael Abidemi, Head of Local Government Administration in Boluwaduro LGA, alleging attempts to illegally divert council funds. The affidavit cited a letter instructing UBA to transfer 15 percent of statutory allocations to a private law firm, which plaintiffs argued was unlawful.

The dispute over the rightful council chairmen is still pending before the Supreme Court in Suit No. SC/CV/773/2025. The plaintiffs warned that any disbursement of funds before the apex court’s ruling could prejudice the outcome.

Speaking after the court session, Adetunmbi said the extension safeguards billions of naira from potential diversion. “The essence of this preservation order is to secure the funds pending the Supreme Court’s hearing on Tuesday, October 7,” he said.

The case has been adjourned to October 9, 2025, for further hearing.