ABUJA, Nigeria — Justice James Omotosho of the Federal High Court in Abuja has adjourned ruling to Wednesday June 4, 2025, on a preliminary objection challenging a high-profile lawsuit filed by Mr Tunde Omosebi against the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, and several other prominent figures and institutions.
Omosebi, who identifies himself as “His Majesty,” a businessman and politician, is seeking a staggering £990 trillion in damages for alleged breaches of his fundamental human rights.
The claims, brought under suit number FHC/ABJ/CS/766/2024, also include a further £99 trillion in exemplary damages and ₦5 million as costs.
In the suit, filed on 29 January 2025 but dated 5 June 2024, Omosebi alleges wrongful account restrictions and constitutional violations by CBN, United Bank for Africa (UBA) Plc, Guaranty Trust Bank (GTB) Plc, Zenith Bank Plc, Senate President Godswill Akpabio, and Speaker of the House of Representatives Tajudeen Abbas.
Among his reliefs, Omosebi is asking the court to order the transformation of the CBN into a “Reserve Bank of Nigeria” and to mandate that banks allegedly involved in “financial irregularities” be restructured and renamed “DRIG BANK” under corporate supervision.
In court filings, Omosebi claims he is “the Chairman, Federal Executive Council, and Prime Minister of the Federal Republic of Nigeria” and argues that global leaders, including President Bola Tinubu, are under his “command and authority.”
He alleges that over £500 billion entrusted to the CBN and the named commercial banks has not been credited to his accounts and accuses the institutions of breaching industrial agreements, denying him access to funds, and infringing upon his constitutional rights.
Representing himself in court, Omosebi insisted that he is entitled to all reliefs sought, despite what defence counsel have described as vague and speculative claims.
The defendants, through various legal representatives, have asked the court to dismiss the suit outright.
CBN’s counsel, F.H. Maikano, argued the court lacks jurisdiction, stating the claimant failed to establish any cause of action.
Dr. Sonny Ajala, SAN, representing Zenith Bank, described the suit as “mala fide,” stating it lacked merit and disclosed no legal basis for relief.
“The reliefs sought in the claimant’s suit are nebulous and not grantable,” Ajala said, adding that there was no contractual relationship between the claimant and the bank.
Other defendants, including UBA, GTB, the Senate President, and the Speaker of the House of Representatives, echoed similar objections, challenging Omosebi’s locus standi and describing the case as speculative and without substance.
After hearing arguments from all parties, Justice Omotosho adjourned the matter to 4 June for ruling on the preliminary objections raised by the defendants.
