BREAKING: Court Bars CBN from Disbursing Allocations to Rivers State Government

A Federal High Court in Abuja has ordered the Central Bank of Nigeria (CBN) to halt further financial allocations to the Rivers State Government.

The court ruled that funds should not be disbursed until a legitimate appropriation act is passed by a properly constituted House of Assembly.

This development comes amid ongoing debates about the legitimacy of the state’s legislative body.