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    Court bars CBN from releasing allocation to Rivers

    Vincent OsuwoBy Vincent OsuwoOctober 30, 2024No Comments1 Min Read
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    Court: Fubara presents 2024 Rivers budget to lawmakers
    Fubara presenting the 2024 Rivers budget to lawmakers
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    Justice Joyce Abdulmalik of the Federal High Court sitting in Abuja on Wednesday stopped the Central Bank of Nigeria (CBN) from further releasing monthly financial allocations to the Rivers State Government.

    The court ruled that Governor Siminalayi Fubara’s presentation of the 2024 budget to a four-member Rivers House of Assembly violated constitutional provisions.

    She called Fubara’s receipt and disbursement of monthly appropriations since January of this year a constitutional somersault and aberration that cannot be tolerated.

    Justice Abdulmalik further ruled that Fubara’s actions in executing an illegal budget constituted gross violations of the 1999 Constitution, which he promised to safeguard.

    She then directed the CBN, the Accountant General of the Federation, Zenith Bank, and Access Bank to prevent Fubara from further accessing funds from the Consolidated Revenue and Federation Account.

    Fubara presented the 2024 Appropriation Bill to five members of the state House of Assembly who are loyal to him on 13 December, 2023..

    The presentation occurred just minutes after the demolition of the Rivers State House of Assembly complex began.

    The 27 House members loyal to the Minister of the Federal Capital Territory, Nyesom Wike, were absent from the meeting.

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    NLC says working-class Nigerians ‘bleeding’ amid hardship, insecurity

    NLC rejects proposed N100,000 minimum wage, demands N1m

    Oyo State Governor Seyi Makinde consoles Wole Alamu after an emotional appeal for the rescue of his abducted wife and other kidnapping victims in Ogbomoso.

    Husband of abducted Ogbomoso principal leads with Makinde for rescue

    APC rubbishes Obi, Kwankwaso alliance proposal for 2027 election

    Obi says Kwankwaso will be partner as VP, not spare tyre

    SERAP calls on UN Secretary-General António Guterres to invoke Article 99 of the UN Charter over escalating insecurity, mass abductions, killings and displacement across Nigeria.

    SERAP urges UN Chief Guterres to invoke Article 99 over Nigeria insecurity

    Oyo police deny reports of a bandit attack in Ogbomoso, saying panic was triggered by false rumours and misinformation.

    Police arrest three Man O’ War members for killing FUTO student

    Terrorists kidnap ex-defence spokesman, Maj-Gen Abubakar, wife

    Terrorists kidnap ex-defence spokesman, Maj-Gen Abubakar, wife

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    NLC says working-class Nigerians ‘bleeding’ amid hardship, insecurity

    NLC rejects proposed N100,000 minimum wage, demands N1m

    May 31, 2026
    Oyo State Governor Seyi Makinde consoles Wole Alamu after an emotional appeal for the rescue of his abducted wife and other kidnapping victims in Ogbomoso.

    Husband of abducted Ogbomoso principal leads with Makinde for rescue

    May 31, 2026
    APC rubbishes Obi, Kwankwaso alliance proposal for 2027 election

    Obi says Kwankwaso will be partner as VP, not spare tyre

    May 31, 2026
    SERAP calls on UN Secretary-General António Guterres to invoke Article 99 of the UN Charter over escalating insecurity, mass abductions, killings and displacement across Nigeria.

    SERAP urges UN Chief Guterres to invoke Article 99 over Nigeria insecurity

    May 31, 2026
    Oyo police deny reports of a bandit attack in Ogbomoso, saying panic was triggered by false rumours and misinformation.

    Police arrest three Man O’ War members for killing FUTO student

    May 31, 2026
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