Wednesday, May 14, 2025

Appeal court quashes order on CBN to withhold Rivers State allocations

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Ibrahim Ramalan
Ibrahim Ramalan
Ibrahim Ramalan is a graduate of Mass Communications from the Ahmadu Bello University (ABU) Zaria. With nearly a decade-long, active journalism practice, Mr Ramalan has been able to rise from a cub reporter to the exalted position of an editor; first as Arts Editor with the Blueprint Newspapers before resigning in 2019; second and presently as an Associate Editor of the Daily Nigerian online newspaper. He can be reached via ibroramalan@gmail.com, or www.facebook.com/ibrahim.ramalana, or @McRamalan on Twitter.
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tiamin rice
tiamin rice

Court of Appeal sitting in Abuja has set aside all orders restraining the Central Bank of Nigeria, CBN, and the Accountant General of the Federation, AGF, from releasing funds to the Rivers State Government.

The Three-member panel, presided by Justice Hamman Barka, held that the subject matter was not within the jurisdiction of the court relating to the revenue of the state.

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While allowing the appeal of the Rivers State government, the appellate court also set aside all the orders made by Justice Joyce Abdulmalik.

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The appellate court held that the lower court overreached itself and didn’t have the jurisdiction to entertain the matter.

Details later…

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