Rivers Crisis: PDP Youths Applaud Court Ruling Halting CBN Funds Release

The People’s Democratic Party (PDP), Youth Frontiers has expressed satisfaction in the ruling of the Federal High Court in Abuja, stopping the Central Bank of Nigeria (CBN) from releasing monthly allocations to the Rivers State Government. New Telegraph had earlier reported that a Federal High Court on Wednesday declared that the receipts and disbursements of...The post Rivers Crisis: PDP Youths Applaud Court Ruling Halting CBN Funds Release appeared first on New Telegraph.

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The People’s Democratic Party (PDP), Youth Frontiers has expressed satisfaction in the ruling of the Federal High Court in Abuja, stopping the Central Bank of Nigeria (CBN) from releasing monthly allocations to the Government. New Telegraph had earlier reported that a Federal High Court on Wednesday declared that the receipts and disbursements of monthly allocations by Governor Siminalayi Fubara since January 2024 is a constitutional somersault and aberration that must not be allowed to continue. Justice Joyce Abdulmalik, who gave the order also held that the presentation of the 2024 budget before the four members of the Rivers House of Assembly was an affront to the constitutional provision.

Reacting to the judgement, the PDP Youth Frontiers at a press conference welcomed the ruling, stating that it revives hope in the judiciary as a guardian of Nigeria’s democracy. Speaking with journalists, Henry Owolabi, the National Coordinators of the group demanded that all previous decisions made by the four-member assembly be reversed with immediate effect. “We call on our great party, the PDP, to take steps to stop further constitutional aberrations by providing the needed political guidance to the Rivers State House of Assembly to properly resume its functions of receiving and passing a legitimate 2024 budget for the state.



“This is to ensure that they prevent the people of the state from being plunged into suffering because of the governor’s error. “The party should also mandate its members in the state house of assembly to cause the parliament to trace all illegally spent funds and seek a refund of the same from Governor Fubara, ” Owolabi stated..