{"id":20341,"date":"2024-10-30T10:53:09","date_gmt":"2024-10-30T10:53:09","guid":{"rendered":"https:\/\/theblogonline.com\/?p=20341"},"modified":"2024-10-30T10:53:09","modified_gmt":"2024-10-30T10:53:09","slug":"federal-high-court-halts-cbns-allocation-to-rivers-state-over-alleged-budget-violations","status":"publish","type":"post","link":"https:\/\/theblogonline.com\/?p=20341","title":{"rendered":"Federal High Court Halts CBN\u2019s Allocation to Rivers State Over Alleged Budget Violations"},"content":{"rendered":"<p class=\"p1\">The Federal High Court in Abuja, presided over by Justice Joyce Abdulmalik, has ordered the Central Bank of Nigeria (CBN) to halt the disbursement of monthly financial allocations to the Rivers State Government.<\/p>\n<p class=\"p1\"><span class=\"s1\">Justice Abdulmalik ruled on Wednesday that Governor Siminalayi Fubara\u2019s presentation of the 2024 budget to a four-member Rivers House of Assembly was a violation of constitutional provisions. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">She described Fubara\u2019s acceptance and distribution of monthly allocations since January as a serious constitutional breach that must not continue.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The judge further stated that Fubara\u2019s enforcement of an invalid budget represented a significant violation of the 1999 Constitution, which he pledged to uphold. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Consequently, she issued a restraining order on the CBN, Accountant General of the Federation, Zenith Bank, and Access Bank, preventing them from granting Fubara access to funds from the Consolidated Revenue and Federation Account.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">More details to follow.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal High Court in Abuja, presided over by Justice Joyce Abdulmalik, has ordered the Central Bank of Nigeria (CBN) to halt the disbursement of monthly financial allocations to the Rivers State Government.<\/p>\n","protected":false},"author":1,"featured_media":20342,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[9252,9253,131,483,808],"class_list":["post-20341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-allocation","tag-budget-violations","tag-cbn","tag-federal-high-court","tag-rivers-state"],"_links":{"self":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/20341"}],"collection":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20341"}],"version-history":[{"count":1,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/20341\/revisions"}],"predecessor-version":[{"id":20343,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/20341\/revisions\/20343"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/media\/20342"}],"wp:attachment":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}