{"id":10609,"date":"2024-10-30T10:47:04","date_gmt":"2024-10-30T10:47:04","guid":{"rendered":"https:\/\/thenewsnow.org\/?p=10609"},"modified":"2024-10-30T10:47:04","modified_gmt":"2024-10-30T10:47:04","slug":"court-stops-cbn-from-releasing-allocation-to-rivers","status":"publish","type":"post","link":"https:\/\/thenewsnow.org\/index.php\/2024\/10\/30\/court-stops-cbn-from-releasing-allocation-to-rivers\/","title":{"rendered":"Court stops CBN from releasing allocation to Rivers"},"content":{"rendered":"<p class=\"p1\">Justice Joyce Abdulmalik of the Federal High Court in Abuja on Wednesday stopped the Central Bank of Nigeria from further releasing monthly financial allocations to Rivers State Government.<\/p>\n<p class=\"p1\"><span class=\"s1\">The presiding judge held that the presentation of the 2024 budget by Governor Siminalayi Fubara before a four -member Rivers House of Assembly was an affront to the constitutional provision.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">She described the receipt and disbursement of monthly allocations since January this year by Fubara as a constitutional somersault and aberration that must not be allowed to continue.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Justice Abdulmalik also held that Fubara\u2019s action in implementing an unlawful budget smacked gross violations of the 1999 Constitution he swore to protect.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">She proceeded to restrain the 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.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Details later\u2026<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Justice Joyce Abdulmalik of the Federal High Court in Abuja on Wednesday stopped the Central Bank of Nigeria from further<\/p>\n","protected":false},"author":1,"featured_media":10610,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts\/10609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/comments?post=10609"}],"version-history":[{"count":1,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts\/10609\/revisions"}],"predecessor-version":[{"id":10611,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts\/10609\/revisions\/10611"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/media\/10610"}],"wp:attachment":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/media?parent=10609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/categories?post=10609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/tags?post=10609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}