The assurance given on Friday by the Accountant General of the Federation that the October allocation of Rivers State from the federation account would not be withheld had thrown civil servants in the state into celebrations.
Hopes for the payment of the monthly salaries and overheads of Rivers State government were thrown into jeopardy when the Accountant General of the Federation during the week declared that the share of Rivers State from the monthly federation accounts would be withheld in compliance with a court order given by the Federal High Court in Abuja for the Central Bank of Nigeria not to release the allocations of the state from the federation account.
The court presided over by Hon. Justice Joyce Abdulmalik had on October 30th ordered the CBN to stop releasing monthly financial allocations to the Rivers State government. The court held that Governor Siminalayi Fubara’s receipt and disbursement of monthly allocations since January based on a budget passed by a four-member Rivers State House of Assembly was unconstitutional.
The judge restrained the CBN, Accountant General of the Federation, Zenith Bank, and Access Bank from allowing Fubara to access funds from the Consolidated Revenue and Federation Account. She also issued an injunction restraining
Trending
- Rivers Pledges Additional Relief Support To Flood Victims
- Rivers Begins N200,000 Cash Support For Flood Victims
- Abacha Freed Ijaw From Oppression With Bayelsa Creation, Says Diri
- King Charles Receives Staff Of Office, Certificate From Gov Fubara
- Fire Guts Creek Road Market in Port Harcourt, Traders Seek Urgent Reconstruction
- Rivers To Sanction Illegal Obstruction Of Waterways As Flooding Worsens
- Lulu-Briggs Urges Rivers People to Reject Violence Ahead of 2027
- Nine-Year-Old Boy Dies in Trailer Crash on Oil Mill Road, Port Harcourt
