A federal high court in Abuja has issued an order preventing the Central Bank of Nigeria (CBN) from disbursing further financial allocations to the Rivers State government.
The court ruling, delivered by Justice Joyce Abdulmalik on Wednesday, stipulates that federal funds should be withheld until the state passes a lawful appropriation act through a duly constituted House of Assembly.
The decision stems from a lawsuit filed by the Rivers State House of Assembly, led by Speaker Martins Amaewhule.
More to come…
