Court Overturns Ruling Blocking CBN’s Monthly Allocations To Rivers

Court CBN Allocations Rivers

The Court of Appeal sitting in Abuja, on Monday, overturned a Federal High Court decision that barred the Central Bank of Nigeria (CBN) from releasing monthly statutory allocations to Rivers State. The appellate court, in a split decision of two-to-one, ruled that the Federal High Court lacked jurisdiction to entertain the suit that led to … Read more