Metuh appeared before Justice Okon Abang in connection with the $2.1 billion arms scam involving a former National Security Adviser, retired Colonel Sambo Dasuki.
He was alleged to have collected N400 million out of the fund meant for the purchase of arms to fight the Boko Haram insurgency.
Abang, however, granted Metuh bail.
As part of the bail conditions, Metuh is to pay N400 million as bond.
He is also required to produce two sureties in the sum of N200 million each.
The sureties must have properties in Maitama area of Abuja.
The PDP spokesperson was taken to court on Tuesday in handcuffs.