The Federal Government of Nigeria has refuted reports that it has stopped the disbursement of allocation to Rivers State.
Recall that on Friday, news reports on some online platforms claimed that the Federal Government through the Central Bank of Nigeria, CBN, has stopped Rivers State allocation.
But in a statement by the Director of Press in the office of the Accountant General of the Federation, Bawa Mokwa, refuted the reports.
He told the Saturday Tribune that “disbursement of October allocation to States and Local Governments by FAAC is ongoing.”
Mokwa explained that “Rivers State will benefit because of a subsisting appeal/stay of execution order.”
Meanwhile, the Court of Appeal, Abuja Division on Friday, reserved judgements in five separate appeals arising from the judgements of a Federal High Court in Abuja on the Rivers State Government political crisis.
One of the appeals is against the judgement of the High Court which stopped the Central Bank of Nigeria (CBN) from releasing Federal allocation to Rivers State.
The presiding Justice of the Court of Appeal, Abuja Division, Justice Hamma Barka reserved the judgements to a date that would be communicated to the parties after all processes filed in the appeals were adopted by counsel.
The appeals are, CA/ABJ/CV/ 1277/2024, CA/ABJ/CV/ 1303/2024, CA/ABJ/CV/1293/2024, CA/ABJ/CV/1287/2024 filed against the judgements of the Federal High Court, Abuja delivered on October 30, 2024 and appeal number, CA/ABJ/CV/ 1196/2024 against the judgement delivered by same Federal High Court on October 2, 2024.
Earlier, while adopting his briefs of argument in the appeal, Yusuf Ali, SAN representing the Governor of Rivers state, Siminalayi Fubara in appeal number CA/ABJ/CV/1303/2024 prayed the court to consolidate the five appeals, a request the court granted.
It would be recalled that Justice Joyce Abdulmalik of a Federal High Court, Abuja had, in a judgement delivered on 30th October stopped the Central Bank of Nigeria (CBN) from further releasing monthly financial allocations to Rivers State Government.
The court held that the receipt and disbursement of monthly allocations since January this year by Governor Fubara is a constitutional summersault. And an aberration that must not be allowed to continue.
source: Nigerian Tribune
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