SETTING THE RECORDS STRAIGHT ON CITIZEN ASAR MICHAEL SESUGH'S DEATH. (PHOTO).#PRESS RELEASE.

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 Setting the Records Straight on  Citizen Asar Michael Sesugh's  Death The Economic and Financial Crimes Commission,  EFCC,  considered it imperative to clear the air on some recent incidents at its Makurdi Zonal Directorate,  Benue State.   Operatives of the Directorate arrested 26 suspected cyber fraudsters on April 28,  2026.  They were profiled and kept in custody for further investigations after obtaining a Remand Order at a Magistrate Court.  Shortly after their arrest,  specifically on May 4,  2026,  three of the suspects sought permission to use the lavatory at the Directorate's  Holding Facility and were permitted.   They cashed in on the opportunity,  broke the toilet's roof and escaped from detention.  Several efforts were made to re- arrest them to no avail. However,  fresh intelligence came on Thursday,  May 21,  2026 that one of the escaped suspects,   As...
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MORE TROUBLES FOR FUBARA AS COURT STOPS CBN FROM RELEASING RIVERS' ALLOCATION. (PHOTO).

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 More troubles for Fubara as court stops CBN from releasing Rivers' allocation


The Federal High Court in Abuja has stopped the Central Bank of Nigeria, CBN, from further releasing monthly financial allocations to the Rivers State government.

The court held that the receipt and disbursement of monthly allocations since January this year by Governor Siminalayi Fubara is a constitutional somersault and aberration that must not be allowed to continue.

Justice Joyce Abdulmalik, who issued the order on Wednesday, held that the presentation of the 2024 budget by Fubara before a 4-member Rivers House of Assembly was an affront to the Constitutional provision.

Specifically, the Judge said that Fubara action in implementing an unlawful budget smacked gross violations of the 1999 Constitution he swore to protect.

The judge therefore restrained the CBN, the Accountant General of the Federation, Zenith Bank, and Access Bank from further allowing Fubara to access money from the Consolidated Revenue and Federation Account.


Court stops further release of financial allocation to Rivers

by Eric Ikhilae, Abuja

A Federal High Court in Abuja has restrained the Central Bank of Nigeria (CBN) from further releasing financial allocations to the Rivers State Government pending when a lawful appropriation act is passed by a validly constituted House of Assembly.

Justice Joyce Abdulmalik issued the order on Wednesday in a  judgment on a suit filed by the Rivers State House of Assembly led by Martins Amaewhule.

Justice Abdulmalik held that the decision by Governor Siminalayi Fubara to present the Rivers State’s 2024 Appropriation Bill to a four-member Assembly, that was not properly constituted, should not be allowed to stand.

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