Supreme Court bars CBN, AGF from releasing monthly allocation to Rivers State
.. Reinstates Amaewhule led faction of the house
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The Supreme Court has upheld the judgment of the Federal High Court in Abuja that barred the Central Bank of Nigeria (CBN) and the Accountant General of the Federation from releasing the Rivers state monthly allocations to Governor Siminalayi Fubara.
In its judgment on Friday, February 28, the Supreme Court ordered that Martins Amaewhule-led faction of the Rivers State House of Assembly and other elected lawmakers in the assembly should immediately resume sitting and without hindrance.
The Apex Court faulted the judgment of the Court of Appeal in Abuja that dismissed the initial order of the High Court that stopped the release of funds to Rivers state from the consolidated revenue after Governor Fubara refused to represent the 2024 Appropriation Bill before the Amaewhule-led faction of the Rivers State House of Assembly.