Court Stops CBN From Releasing Allocation To Rivers Government

Justice Joyce Abdulmalik of the Federal High Court in Abuja has ordered the Central Bank of Nigeria (CBN) to cease further disbursements of monthly financial allocations to the Rivers State Government.

The judge determined that the receipt and distribution of these allocations by Rivers State Governor Siminalayi Fubara since January of this year constituted a breach of the Constitution and an unacceptable practice that must be halted.

Read Also: Coconut Tree Seen On Fire In Benin City Amid Eiye And Vikings Cult War [VIDEO]

Justice Abdulmalik criticized Fubara’s presentation of the 2024 budget to a four-member Rivers House of Assembly, calling it an affront to the constitutional framework.

The ruling emphasized that the governor’s actions represented a serious violation of the 1999 Constitution.

As a result, the court has restrained the CBN, the Accountant General of the Federation, Zenith Bank, and Access Bank from permitting Fubara to access funds from the Consolidated Revenue and Federation Account.

For More Information And News Update, Join Informant Online WhatsApp Channel With Link Below:

https://whatsapp.com/channel/0029VaihFajBadmT29ufud2Z

 

Related articles

What Transpired When Wike Stormed PDP Meeting In Abuja [VIDEO]

Nyesom Wike, the Minister of the Federal Capital Territory...

Speaker Abbas Loses Mother-In-Law

Speaker of the House of Representatives, Tajudeen Abbas, has...

‘My Spirit Has Already Left There’ – Fubara Reacts To Reinstatement Calls

The suspended governor of Rivers State, Siminalayi Fubara, has...

Liverpool Vs Arsenal Full Time Match Report

In a captivating match at Anfield, Arsenal fought back...

LEAVE A REPLY

Please enter your comment!
Please enter your name here