Supreme Court of Nigeria confirmed the Concurrent Jurisdiction of the Federal High Court to entertain disputes arising from banker-customer relationships

You are here now : Abdullahi Ibrahim & Co > News > WordPress > Supreme Court of Nigeria confirmed the Concurrent Jurisdiction of the Federal High Court to entertain disputes arising from banker-customer relationships

The Nigerian Supreme Court allowed an appeal brought by the Nigerian Deposit Insurance Corporation (NDIC) against Okem Enterprises Ltd & Anor and held that, contrary to the position reached by the Court of Appeal, The High Court of the States in the Federation do not have exclusive jurisdiction in disputes between an individual customer and his bank. The Apex Court held that on a proper construction of the provision to Section 251(1)(d) of the 1979 Constitution and the effect to be given to Decree No. 18 of 1994 (as amended by Decree No. 62 of 1999), the Federal High Court and the State High Courts have concurrent jurisdiction in such disputes.

The decision of the Supreme Court is reported as (2004) 10 NWLR (Pt.880) S.C. 107

Abdullahi Ibrahim & Co. represented the Appellant.