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Sun, March 2, 2025
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Group Reacts to Supreme Court Ruling Which Bars CBN From Releasing Rivers Allocations
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Group Reacts to Supreme Court Ruling Which Bars CBN From Releasing Rivers Allocations


Published on 2025-03-02 15:00:39 - legit
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  • The Rivers Good Governance Agenda has reacted to the Supreme Court ruling which stopped the CBN from giving funds to the Rivers state government

The article from Legit.ng discusses the reaction of a group, the Rivers State Ethnic Youth Leaders Coalition (RSEYLC), to a Supreme Court ruling concerning Rivers State. The Supreme Court had previously barred the Central Bank of Nigeria (CBN) from releasing funds to Rivers State due to a dispute over local government elections. The RSEYLC criticized this ruling, arguing that it infringes on the rights of Rivers State citizens by withholding their statutory allocations. They expressed concerns over the potential negative impacts on state development and the welfare of the citizens, urging the CBN to disregard the court order and release the funds. The group also called for the National Judicial Council to investigate the Supreme Court's decision, highlighting the need for judicial accountability and fairness in legal proceedings affecting state finances.

Read the Full legit Article at:
[ https://www.legit.ng/nigeria/1643229-group-reacts-supreme-court-ruling-rivers-bars-cbn-releasing-rivers-allocations/ ]
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