The Central Bank of Nigeria (CBN) has been restrained by a Federal High Court in Abuja from further releasing financial allocations to the Rivers State Government pending when a lawful appropriation act is passed by a validly constituted House of Assembly.
Justice Joyce Abdulmalik issued the order on Wednesday, Octopus 30, in a judgment on a suit filed by the Rivers State House of Assembly led by Martins Amaewhule.
The Judge held that the decision by Governor Siminalayi Fubara to present the Rivers State’s 2024 Appropriation Bill to a four-member Assembly, that was not properly constituted, should not be allowed to stand.
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Rivers state has been enmeshed in political crisis between Gov Fubara and his predecessor, Nyesom Wike.
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