Nigerian court freezes Osun state accounts over unpaid award

A Nigerian court has placed a restriction on Osun state government bank accounts following a suit by Gamji Nigeria Company Limited to preserve funds pending enforcement of an outstanding payment award. The move signals escalating legal pressure on the state's finances, though the award amount and duration of the freeze remain unclear. This could strain Osun's liquidity and set a precedent for creditors seeking to enforce judgments against subnational governments.