Court bars CBN, AGF, others from releasing allocation to Rivers government

The Federal High Court in Abuja, on Wednesday, restrained the Central Bank of Nigeria (CBN) from further releasing monthly financial allocations to Rivers government.The order also affected the Accountant-General of the Federation (AGF), Zenith Bank and Access Bank where the state government also banks.Justice Joyce Abdulmalik, in a judgment, held that the receipt and disbursement of monthly allocations since January 2024 by Gov. Siminalayi Fubara of Rivers is a constitutional somersault and aberration that must not be allowed to continue.Justice Abdulmalik held that the presentation of the 2024 Budget by…

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Court declines to stop Fubara from spending Rivers funds

A Federal High Court (FHC), Abuja has refused to shut down all expenditures of Gov. Siminalay Fubara of Rivers pending the hearing and determination of the substantive suit field by the Martin Amaewhule-led Rivers Assembly.Justice Emeka Nwite, in a ruling on the motion ex-parte marked: FHC/ABJ/CS/984/24 and moved by Sebastien Hon, SAN, rather ordered the plaintiffs to put all the defendants in the suit on notice.Justice Nwite, however, granted another motion ex-parte by the plaintiffs to serve the 5th to 10th defendants with the originating process and other applications in…

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Supreme Court dismisses appeal by energy company against 8 Rivers communities

The Supreme Court has dismissed the appeal filed by an energy production and distribution firm, NVT Power & Energy Ltd, against the judgment given in favour of eight communities in Rivers. Justice Kudirat Kekere-Ekun, in a ruling, ordered the dismissal of the appeal marked: SC/CV/849/2022 filed against the June 7 ruling of the Court of Appeal, Port-Harcourt. The apex court’s order dismissing the appeal made on Nov. 4 was sequel to an application by NVT Power for the withdrawal of the appeal. The certified true copy (CTC) of the ruling…

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