Home News Court Asks CBN To Stop Paying Rivers Govt Monthly Allocations
NewsPolitics

Court Asks CBN To Stop Paying Rivers Govt Monthly Allocations

416
Rivers's Fubara

Justice Joyce Abdulmalik of the Federal High Court in Abuja has issued an injunction preventing the Central Bank of Nigeria (CBN) from releasing further monthly allocations to the Rivers State Government.

The decision comes after the court found that Rivers State Governor Siminalayi Fubara’s receipt and disbursement of state funds since January constituted a constitutional breach.

Justice Abdulmalik ruled that Fubara’s actions, including presenting the 2024 budget before a reduced four-member Rivers State House of Assembly, were a “gross violation” of the 1999 Constitution.

The court’s order restrains the CBN, the Accountant General of the Federation, and commercial banks, including Zenith Bank and Access Bank, from allowing Fubara access to the Consolidated Revenue and Federation Account.

In January 2024, Justice James Omotosho of the same court nullified the N800 billion 2024 Rivers State budget on January 22, declaring it invalid due to improper presentation to the Rivers House of Assembly.

Justice Omotosho further upheld Martin Amaewhule as the legitimate Speaker of the Rivers Assembly, accusing Fubara of unconstitutional interference by attempting to replace the Assembly’s Clerk and Deputy Clerk.

The new ruling further adds to the intense political rift in Rivers State, where opposing factions are aligned with either Governor Fubara or his predecessor, current FCT Minister Nyesom Wike.

Read Also: Thugs Kill One, Set Local Government Secretariats on Fire in Rivers State

NPF Orders Personnel to Reopen and Vacate Rivers LG Secretariats

Guinea Junta Dissolves 53 Political Parties For Failing To Meet Legal, Administrative Standards

About The Author

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

NIMC Launches DDoS Attack with Over 3M Botnet Requests Against FIJ’s Website, Violating Nigeria’s Cybercrimes Act
NewsSecurity

Nigeria’s NIMC Behind Over 3M DDoS Attack On FIJ, Violating Cybercrimes Act

Nigeria’s National Identity Management Commission (NIMC) has been accused of launching and...

News

Nigeria Lost ₦826bn In Gas, 15,400 GWh of Electricity, And ₦472bn In Flaring Fines Between January and May 2025

Nigeria has lost an estimated ₦826 billion ($539.2 million) worth of gas...

Burkina Fao
News

Burkina Faso Bans Gates-Backed GM Mosquito Experiments, Samples To Be Destroyed Nationwide

Burkina Faso has announced a nationwide end to the activities of Target...