FG to release Rivers monthly allocation
The Federal Government on Wednesday said that the allocation for Rivers State will be released to the Administrator, Vice Admiral Ibok Ibas (retd).
The government also said President Bola Tinubu’s declaration of a state of emergency in Rivers State was timely and meant to avert an implosion in the state.
This is as it has said that the former Governor of Rivers State and Minister of Federal Capital Territory, FCT, Nyesom Wike has no role in the political crisis in Rivers State that culminated in the declaration of a state of emergency.
The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, SAN, stated this while briefing State House correspondents at the presidential Villa, Abuja.
While fielding questions on whether the Federal Government would release the allocation from the federation account to the state in view of the latest development, the Minister said if the administrator requests for it, it will be released to him.
“And to me, it will be in order for the release of that fund because the event of the extraordinary situation has brought them out of the normal situation of things.”
He justified the decision of the President to declare a state of emergency in the state.
According to him, “We have about two years into the administration in the state.
“Now, when do you think he (President Tinubu) should have come in? Is it when everything has been destroyed? I don’t think so.
“I think the President has acted timeously. He has given the opportunity to all the parties involved, to make amends. Before then, he had to assemble them, he had tried to mediate,” he stated.
President Tinubu had on Tuesday declared a state of emergency in Rivers State, suspending Governor Siminalayi Fubara, his deputy, Ngozi Odu, and all elected members of the Rivers State House of Assembly for an initial period of six months.
In a national broadcast, Tinubu cited prolonged political instability, constitutional breaches, and security threats as reasons for the extraordinary measure.
The crisis, which had paralysed governance in the oil-rich state, stems from a power struggle between Governor Fubara and his predecessor, Nyesom Wike, now the Minister of the Federal Capital Territory.
As part of the directive, the President also appointed Vice Admiral Ibok-Étè Ibas (retd.) as the sole administrator to oversee the state’s affairs until normalcy is restored. Ibas served as Chief of Naval Staff from 2015 to 2021 under former President Muhammadu Buhari.
