Justice Joyce Abdulmalik of the federal high court in Abuja, Wednesday, ordered the Central Bank of Nigeria(CBN) to stop releasing monthly financial allocations to Rivers state government.
Delivery the judgement, the court held that the presentation of the 2024 budget by Governor Siminalayi Fubara before a 4-member Rivers House of Assembly was an affront to the Constitutional provision.
Consequently, the court held that the receipt and disbursement of monthly allocations since January this year by gov Fubara is a Constitutional somersault and aberration that must not be allowed to continue.
Therefore, the court described the governor’s action in implementing unlawful budget as a gross violations of the 1999 Constitution he swore to protect.
The judge therefore 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.
