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Breaking: Appeal Court vacates order stopping allocations to Rivers State

Breaking: Appeal Court vacates order stopping allocations to Rivers State

The Court of Appeal sitting in Abuja, on Monday, vacated the judgement that barred the Central Bank of Nigeria, CBN, from releasing monthly statutory allocations to Rivers State.

A three-member panel of Justices of the appellate court, in a split decision of two-to-one, held that the Federal High Court in Abuja lacked the requisite jurisdiction to entertain the suit  legal that led to the restraining order.

It held that the fact that federal agencies were joined as parties in the matter was not sufficient to confer the court with unfettered jurisdiction to hear the case.

According to the Justice Hamma Barka-led panel, since the subject matter of the legal dispute bordered on the budget appropriation of a state, the Federal High Court in Abuja was not the appropriate venue for such matter to be ventilated.

It, therefore, upheld six separate appeals the aggrieved parties lodged to set-aside the high court judgement.

However, a member of the panel, Justice Adebukola Banjoko, in her dissenting judgement, affirmed the order of the high court.

The appeals that were decided on Monday, were marked as: CA/ABJ/CV/1277/24, CA/ABJ/CV/1196/24, CA/ABJ/CV/1287/24, CA/ABJ/CV/1293/24 and CA/ABJ/CV/1360/2024.

Aside from governor Siminalayi Fubara, other appellants in the matter included the Rivers State Government, the Accountant-General of Rivers State and Zenith Bank Plc.

Governor Fubara had on November 22, through his team of lawyers led by Mr. Yusuf Ali, SAN, prayed the appellate court to allow his appeal marked CA/ABJ/CV/1303/2024 and nullify the high court order which he maintained was issued in bad faith.

He urged the appellate court to allow his appeal and void the adverse orders that Justice Joyce Abdulmalik of the Federal High Court made against the state in the judgement she delivered on October 30.

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Breaking: Appeal Court vacates order stopping allocations to Rivers State

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