Rivers State Governor, Siminalayi Fubara, on Friday, urged the Court of Appeal sitting in Abuja to set aside the judgement that barred the Central Bank of Nigeria, CBN, from releasing monthly allocations to Rivers State.
Osun Defender had reported that the Federal Government has stopped the payment of monthly allocation to Rivers State.
The governor, through his team of lawyers led by Mr. Yusuf Ali, SAN, prayed a three-member panel of the appellate court led by Justice Hamma Barka to vacate the high court order, which he maintained was issued in bad faith.
Fubara urged the court to nullify 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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Aside from Governor Fubara, other appellants in the matter included the Rivers State Government, the Accountant-General of Rivers State, and Zenith Bank Plc.
It will be recalled that the high court had restrained the CBN from further allowing the Rivers state government to draw funds from the consolidated revenue account.
The restraining order followed a suit marked: FHC/ABJ/CS/984/24, which was brought before the court by the Hon. Martins Amaewhule-led faction of the Rivers State House of Assembly.
Cited as defendants in the matter included the Central Bank of Nigeria, CBN, Zenith Bank Plc, Access Bank Plc, and the Accountant-General of the Federation (AGF).
Meanwhile, the Hon. Amaewhule-led faction of the Rivers State House of Assembly, through their team of lawyers led by Mr. J. B. Daudu, SAN, asked the court to dismiss the appeals and affirm the high court judgment.
After all the sides adopted their briefs of argument on Friday, the panel reserved its judgement till a date it said would be communicated to the parties.
Olamilekan Adigun is a graduate of Mass Communication with years of experience in journalism embedded in uncovering human interest stories. He also prioritises accuracy and factual reportage of issues.
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