Top Stories

Fubara Wins As Appeal Court Rules On Rivers Allocation

The Court of Appeal in Abuja has overturned orders preventing the Central Bank of Nigeria (CBN) and the Accountant General of the Federation from disbursing funds to the Rivers State Government.

A three-member panel, led by Justice Hamman Barka, ruled that the issue of state revenue does not fall within the jurisdiction of the lower court.

The court upheld the appeal filed by the Rivers State Government and nullified the earlier orders issued by Justice Joyce Abdulmalik.

Advertisement

The appellate court deemed those orders unconstitutional, stating they improperly restricted the Rivers State Government from accessing funds from its consolidated revenue.

The court further criticized the Federal High Court’s decision, concluding that it had exceeded its authority and lacked the jurisdiction to handle the matter.

Advertisement

CITYNews recalls that in October Justice Abdulmalik of the Federal High Court in Abuja ruled that Rivers State Governor Siminalayi Fubara’s receipt and disbursement of monthly allocations since January violated constitutional provisions.

The judge also described Fubara’s presentation of the 2024 budget before a four-member Rivers State House of Assembly as unconstitutional and an affront to the 1999 Constitution.

Advertisement

Following this, Justice Abdulmalik issued an order barring the CBN, the Accountant General of the Federation, Zenith Bank, and Access Bank from granting Fubara access to funds from the Consolidated Revenue and Federation Account.

These orders have now been set aside by the appellate court.

Advertisement
citynews

Recent Posts

CBN sets daily cash-out limit for POS transactions at N100,000 per customer

The Central Bank of Nigeria (CBN) has introduced a daily transaction limit of N100,000 per…

1 minute ago

‘You’ve Written To Shame Or Disgrace Presidents After You’ – Garba Shehu Hits Obasanjo On Buhari’s Birthday

Former spokesman to ex-president, Muhammadu Buhari, Garba Shehu, has slammed former President, Olusegun Obasanjo, in a…

4 minutes ago

Banks Restrict Multiple Account Owners To N20,000 Withdrawal

There is no end in sight yet to the low cash supply by commercial banks…

28 minutes ago

PDP drags Ibori’s daughter to court over defection to APC

The Peoples Democratic Party, PDP in Delta State have dragged the member representing the Ethiope-East/Ethiope-West…

15 hours ago

FIRSTBANK KICKS OFF DECEMBERISSAVYBE 2024 WITH KENNY BLAQ‘S ‘RECKLESS’ MUSICOMEDY

By Bolaji Israel  December marks a special time in Nigeria, a moment when people take…

21 hours ago

Woman filmed assaulting FRSC officer remanded in Kirikiri maximum prison

A middle-aged woman, Monalisa Osayi, has been arraigned before a court for assaulting an officer…

21 hours ago