…Restricting state funds could affect millions of residents, experts warn

The freezing of Osun State Government accounts by the Economic and Financial Crimes Commission (EFCC) has sparked debate among legal practitioners over the extent of the anti-graft agency’s powers, the protection of State autonomy under Nigeria’s federal structure, and the economic implications of restricting access to government funds.

The Osun State Government has indicated plans to challenge the action in court.

Legal practitioners, who spoke with BusinessDay, offered different perspectives on the legal issues but agreed that the courts are the appropriate forum to determine the dispute.

Dayo Akinlaja (SAN), a lawyer and former Attorney-General and Commissioner for Justice in Ekiti State, said the matter should be resolved through the courts rather than public debate.