The Federal High Court in Lagos has granted a N50m bail to the immediate-past Governor of Ekiti State, Mr Ayodele Fayose, who is facing N2.2bn fraud charges.

Justice Mojisola Olatoregun granted Fayose bail with two sureties in like sum.

The judge, however, said the ex-governor should be remanded in the prison custody pending the fulfillment of the bail condition.