- The Court of Appeal in Abuja has reserved judgment in a suit filed by Rivers State Governor Siminalayi Fubara.
- The suit seeks to overturn a ruling that prevented the Central Bank of Nigeria from releasing monthly allocations to Rivers State.
- The initial ruling was made by Justice Joyce AbdulMalik of the Federal High Court in Abuja on October 30.
- The Court of Appeal has consolidated five other appeals arising from the original high court decision.
- Judgment will be communicated to the parties involved at a later date.
The Court of Appeal’s decision to reserve judgment is a significant development in the Rivers allocation case. Governor Fubara’s appeal argues that the lower court’s judgment was incorrect and seeks to vacate the order barring state allocations . The appeal court’s ruling will have important implications for the state’s finances and governance.