The Federal High Court sitting in Abuja, the Federal Capital Territory (FCT), has stopped the Central Bank of Nigeria (CBN) from further releasing monthly financial allocations to the government of Rivers State.

The court, presided over by Justice Joyce Abdulmalik, held that the receipt and disbursement of monthly allocations since January this year by Governor Siminalayi Fubara is a constitutional somersault and aberration that must not be allowed to continue.

READ ALSO:

OSUN Online Publishers Association Unveils Its Activities For 2024 Edition of Digital Media Week

Justice Abdulmalik who issued the order on Wednesday, held that the presentation of the 2024 budget by Fubara before a four-member Rivers House of Assembly was an affront to the constitutional provision.

READ ALSO:

EFCC Supreme Court Case:Avoid Constitutional Anarchy,CSOs Warn FG

Specifically, the Judge said that Fubara’s action in implementing the unlawful budget smacked of gross violations of the 1999 Constitution he swore to protect.

The judge, therefore, restrained CBN, Accountant General of the Federation, Zenith Bank and Access Bank from further allowing Fubara to access money due to the state from the Consolidated Revenue and Federation Account.

 

 

 

 

 

By TheInterviewsNigeria

Publisher/Editor -in Chief with more than a decade of working in the media production industry, Our preoccupation is Development News and rooting for innovation locally and internationally. We are British trained Business English PRO. We edit manuscripts for book publication, translation(English/Yoruba/French). We cross your 't's' and dot your 'i's. We are also into speech draftsmanship and photography; Business reports, and proposals, with minimal cost. Meeting the deadline is our watchword. We would cover your Social /Public events with precision. The proof of the pudding is in the eating. Call-08144956897, 08057355037 E-mail- theinterviewsng@gmail.com, akintunde.idowu@gmail.com

Leave a Reply

Your email address will not be published.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