Court Stops CBN From Paying FAAC To Rivers State

Governor Fubara

 

 

A Federal High Court in Abuja has ordered the Central Bank of Nigeria (CBN) from further releasing monthly financial allocations to Rivers State Government over the feud between the state governor, Siminalayi Fubara and the State House of Assembly.

 

The presiding judge, Justice Joyce Abdulmalik, gave the judgement on Wednesday, declaring that the presentation of the 2024 budget by Governor Siminalayi Fubara before a four -member Rivers House of Assembly was an affront to the constitutional provision.

 

She described the receipt and disbursement of monthly allocations since January this year by Fubara as a constitutional somersault and aberration that must not be allowed to continue.

Justice Abdulmalik also held that Fubara’s action in implementing an unlawful budget smacked gross violations of the 1999 Constitution he swore to protect.

 

She proceeded to restrain the 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.

Also Read:  Fubara Vs Pro-Wike Lawmakers: Rivers Govt Reacts To Appeal Court Judgement, Discloses Next Step

 

Details later…

 

(Punch)

 


LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.