Tuesday, July 1, 2025
  • About
  • Advertise
  • Careers
  • Contact
The Reflector Newspaper
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology
  • Login
No Result
View All Result
The Reflector Newspaper
Home Economy

Updated: AGF Halts Release Of Rivers Allocation 

In the now disputed verdict, the Federal High Court judge, Joyce AbdulMalik, described the disbursement of monthly allocations to the state since January as a clear constitutional breach that must not be tolerated.

Ifeanyi Uzoechiena by Ifeanyi Uzoechiena
November 23, 2024
in Economy, News
0
Updated: AGF Halts Release Of Rivers Allocation 
0
SHARES
29
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on TelegramSend to Email

The Office of the Accountant General of the Federation has halted payment of federal allocations to the Rivers State Government in compliance with a court judgement.

This is just as the Court of Appeal in Abuja heard the appeal challenging the verdict on Friday.

Related posts

Furious Benue Commuters Left Stranded As Fuel Price Hits N1,500/litre

Dangote Refinery Slashes Petrol Price From N880 To N840/litre

July 1, 2025
Kidnappings: Kwara Youths Set Emir’s Palace, NDLEA Office Ablaze

Kidnappings: Kwara Youths Set Emir’s Palace, NDLEA Office Ablaze

July 1, 2025

A three-member panel of the Court of Appeal led by Hamma Barka, on Friday, reserved judgement on the state government’s appeal against a lower court’s decision stopping the Central Bank of Nigeria (CBN) from releasing the South-south state’s monthly allocations.

Rivers State Governor Siminalayi Fubara and the state government had filed the appeal to challenge the 30 October judgement of the Federal High Court in Abuja.

In the now disputed verdict, the Federal High Court judge, Joyce AbdulMalik, described the disbursement of monthly allocations to the state since January as a clear constitutional breach that must not be tolerated.

The judge subsequently barred the CBN, the Accountant General of the Federation, the state’s bankers – Zenith Bank and Access Bank – from allowing the state government to access funds from the Consolidated Revenue and Federation Account.

Governor Fubara and the Rivers State Government had promptly appealed against the decision.

Other appellants are the Accountant-General of Rivers State and Zenith Bank Plc.

At the hearing of the appeal, on Friday, the governor, through his lawyer, Yusuf Ali, a Senior Advocate of Nigeria (SAN), prayed a three-member panel of the court led by Hamma Barka, to vacate the order issued by the Federal High Court in Abuja on 30 October.

Ali and lawyers to other appellants urged the court to allow his client’s appeal and nullify the lower court’s order.

But the Martin Amaewhule-led faction of the Rivers State House of Assembly, which obtained the Federal High Court judgement, asked the court to dismiss the appeal.

They made their submissions in court through their team of lawyers led by Joseph Daudu (SAN).

The factional members of the Rivers State House of Assembly, who are loyal to the immediate past governor of the state and current Minister of the Federal Capital Territory (FCT) Nyesom Wike, had persuaded the lower court to withhold all federal monthly allocations meant for Rivers State.

They predicated their case on the grounds that Governor Fubara refused to comply with an order of court that directed him to represent the 2024 Appropriation Bill of the state before them.

Governor Fubara had insisted that the Amaewhule-led group had since ceased to be lawmakers in the state.

He alleged that, having defected from the Peoples Democratic Party (PDP), which sponsored their election, to the All Progressives Congress (APC).

After the parties adopted their respective written addresses, the Court of Appeal panel said the date of judgement would be communicated to parties.

Before the postponement, the court merged a total of five appeals relating to the case into one on Friday.

Meanwhile, the Office of the Accountant General of the Federation (OAGF) announced on Friday that it halted the disbursement of October revenue payment to Rivers State, citing the Federal High Court judgement.

Bawa Mokwa, the spokesperson for the OAGF, who spoke to journalists on Friday, emphasized that the federal government would respect the court order with due diligence until a contrary order is issued.

“What I got is that the October 2024 FAAC has not been distributed yet. However, the federal government will obey the court order on the matter of Rivers State’s allocation,” he said.

The OAGF’s spokesperson further noted that due diligence would be followed “as long as there is no contrary order,” adding that “the process of disbursement of the October 2024 monthly allocation is going.”

The development comes amid ongoing the protracted political battle between Governor Fubara and the Minister of Federal Capital Territory (FCT), Nyesom Wike.

The Martin Amaewhule-led faction of the Rivers State House of Assembly is loyal to Mr Wike, a former Rivers State Governor.

 

(Premium Times)

Ray Of Hope

Meanwhile, the state Commissioner for Information and Communications, Joseph Johnson, earlier told newsmen that the judgment had been appealed, expressing optimism that the Appeal Court would upturn the judgment.

He said the pointers to the anticipated judgment were glaring, adding that they were unperturbed as they had already instituted an appeal against the Federal High Court’s judgment.

The OAGF has now confirmed that the appeal effectively overrides the earlier court decision, ensuring that allocations to the state will continue pending the final outcome of the legal process.

 

PUNCH

Tags: AGFAllocationFederal High CourtRivers State

The Reflector Newspaper's newsletters cover a variety of topics, from daily news to lifestyle content, markets info to medical news. Subscribe to get the latest information.

Unsubscribe
Previous Post

2025 Budget May Underperform – Economic Stakeholders 

Next Post

Mysterious Fire Causes Damage To UNIZIK’s College Of Health Sciences

Next Post
Mysterious Fire Causes Damage To UNIZIK’s College Of Health Sciences

Mysterious Fire Causes Damage To UNIZIK's College Of Health Sciences

RECOMMENDED NEWS

NNPCL Denies $6.8bn Debt Allegations

Saboteurs can’t stop our corruption-free transformation – NNPCL

4 days ago
Ex-Gov Obiano To Face Trial As Court Refuses To Drop Charges Over N4bn Alleged Fraud

Ex-Gov Obiano To Face Trial As Court Refuses To Drop Charges Over N4bn Alleged Fraud

1 year ago
Nigeria Slips To Fourth Place In Africa’s Largest Economies Rank

Nigeria’s Debt To Hit N183tn As Tinubu Seeks $24bn Fresh Loans

1 month ago
Saudi Arabia Says Fasting Continues ,Declares Date For Eid-El-Fitr

Saudi Arabia Says Fasting Continues ,Declares Date For Eid-El-Fitr

1 year ago

FOLLOW US

BROWSE BY CATEGORIES

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

BROWSE BY TOPICS

#EndBadGovernance protest 2027 Elections Akpabio Alaafin Of Oyo Alaafin Of Oyo Coronation APC Atiku Bola Tinubu Dangote Refinery Defection Economic and Financial Crimes Commission (EFCC) Economic Hardship EFCC Emergency Rule Federal Government of Nigeria Fubara Fuel Price Fuel Price Hike Gunmen INEC JAMB Natasha National Power Grid Nigeria Labour Congress (NLC) Nigerian National Petroleum Company Limited (NNPCL) Nigeria Police Force Nnamdi Kanu NNPC NNPCL Oil Marketers PDP Peter Obi Petrol Price President Ahmed Bola Tinubu Rivers Administrator Rivers Assembly Rivers Crisis Senate Sexual Harassment Tax Reform Bills Tinubu UTME VeryDarkMan WAEC Wike

POPULAR NEWS

  • Congo’s President Daughter’s Bedroom Surfaces Online

    Congo’s President Daughter’s Bedroom Surfaces Online

    0 shares
    Share 0 Tweet 0
  • Economy Bleeds As Naira Hits Record Low With N72.58 Depreiciation Against Dollar

    0 shares
    Share 0 Tweet 0
  • Old Naira Notes Remain Valid – CBN

    0 shares
    Share 0 Tweet 0
  • Gospel Actress, Flora Of Abattoir Movie Series Is Dead

    0 shares
    Share 0 Tweet 0
  • JUST IN: FCT Minister Wike Leads Eid-El-Fitr Homage To President Tinubu Amid Death Rumors

    0 shares
    Share 0 Tweet 0
The Reflector Newspaper

Our mission at The Reflector Newspaper is to cultivate a dynamic digital space where truth, integrity, and diversity thrive.

Follow us on social media:

Recent News

  • How PDP Govs, BoT Resolved Impasse
  • Chris Brown’s Nightclub Attack Accuser Drops Lawsuit
  • The collapse many expect won’t happen – Acting APC Chairman
  • Tinubu Set To Reinstate Fubara As Rivers Governor

Category

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

Recent News

How PDP Govs, BoT Resolved Impasse

How PDP Govs, BoT Resolved Impasse

July 1, 2025
Chris Brown’s Nightclub Attack Accuser Drops Lawsuit

Chris Brown’s Nightclub Attack Accuser Drops Lawsuit

July 1, 2025
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Verified by MonsterInsights