Court restrains CBN from releasing allocation to Rivers State

Court restrains CBN from releasing allocation to Rivers State

Court restrains CBN from releasing allocation to Rivers State …C0NTINUE READING HERE >>>

Court restrains CBN from releasing allocation to Rivers State Sim Fubara

A Federal High Court located in Abuja has issued an order preventing the Central Bank of Nigeria (CBN) from continuing to disburse monthly financial allocations to the Rivers State government.

The implications of this ruling could have far-reaching effects on the state’s budget and its ability to fund essential services and projects.

Justice Joyce Abdulmalik issued the order on Wednesday

According to her, the receipt and disbursement of monthly allocations since January…

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