
Definition of Money Standing to the Credit of the Judiciary in Nigeria, By Chief Patrick Eholor
By Chief Patrick Eholor Section 121 (3) of the Constitution provides that all monies standing to the credit of the Judiciary shall be paid on the first line charge directly to the Heads of Court, from the consolidated revenue fund. Now what is really is the meaning of money standing to the credit of the Judiciary? The Miriam Webster Dictionary Defines credit as: An an entry on the right-hand side of an account constituting an addition to a revenue, net worth, or liability account. So when ever an additional money is generation by your action or processes that money stands…