Court Don Block CBN Allocation for Rivers State

October 30, 2024

Justice Joyce Abdulmalik wey dey for Federal High Court for Abuja don order Central Bank of Nigeria (CBN) make dem stop monthly financial allocations to Rivers State Government. Di judge talk say Governor Siminalayi Fubara wey present di 2024 budget to only four members of di Rivers House of Assembly don break constitutional requirements.

Justice Abdulmalik don criticize di governor for how e don dey collect and use monthly allocations since January, say na “constitutional somersault,” and e talk say if dem continue like dis, e go still violate di 1999 Constitution. As a result, she don restrain di CBN, Accountant General of di Federation, Zenith Bank, and Access Bank from allowing Fubara access to money from di Consolidated Revenue and Federation Account.