Justice Ledan Nyordee, who delivered the judgment, said there was nothing the court could do in the matter as the police was not willing to prosecute the case.
Lloyd was arrested and charged with attempted murder of Mr. Michael Chinda, (PDP- Obio/Akpor 11) in the state legislature.
Lloyd was alleged to have hit Chinda on the head with a mace during a fight between the supporters of Governor Chibuike Ameachi and anti-Amaechi legislators in July 2013.
Justice Nyordee said the court was handicapped in the matter as the police was not willing to prosecute the case and cited the relevant section of the constitution to support the court's decision.
Mr Beluolisa Nwaofor, counsel to the accused person, told reporters that "my client is free as far as this matter is concerned.
"You will recall that the attorney-general and commissioner for justice had written the court to inform it that the police did not send the case file to his office," Nwaofor said.
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