The federal high Court in Abuja has stopped the Central Bank of Nigeria CBN from further releasing monthly financial allocations to Rivers state government.
Justice Joyce Abdulmalik who issued the order on Wednesday held that the presentation of the 2024 budget by Fubara before a 4-member Rivers House of Assembly was an affront to the Constitutional provision.
The trial Judge held that Gov. Fubara’s action in implementing unlawful budget is a gross violations of the 1999 Constitution he swore to protect.
The Judge however restrained CBN, Accountant General of the Federation, Zenith Bank and Access Bank from further allowing Fubara to access money from the Consolidated Revenue and Federation Account.
(Editor: Anoyoyo Ogiagboviogie)
