Federal Court Ruling Brings Win for Rivers State Government, ACourt Overturns Earlier Judgment

The Rivers State Government has welcomed a recent court ruling that overturned an earlier restraint on the allocation of federal funds to the state, allowing for the resumption of payments. The Appeal Court judgement reversed an initial verdict by the Federal High Court.

The Rivers State Government has expressed its satisfaction with a recent Appeal Court ruling that overturned an earlier Federal High Court verdict which had restricted funding allocations to the state by the Central Bank of Nigeria and the Accountant General of the Federation. The court's decision reverses the previous restraint, allowing for the free flow of funds into the state. This development is seen as a significant win for the government, enabling it to fulfill its fiscal obligations and support various developmental projects in the region. With this ruling in place, Rivers State can now proceed with its planned activities without undue restriction.