BREAKING: FG Allegedly Stops Rivers State FAAC Allocation Amid Fubara – Wike Endless Wãr

The Nigerian government, under President Bola Tinubu, has confirmed that it has halted the October monthly Federation Account Allocation Committee (FAAC) revenue payment to Rivers State. This development comes amid the ongoing face-off between Governor Simi Fubara and the Minister of Federal Capital Territory, Nyesom Wike......See Full Story>>.....See Full Story>>

According to Bawa Mokwa, Spokesperson of the Office of the Accountant General of the Federation, the decision to stop the payment was made in respect of a court order. The Office of the Accountant General of the Federation (OAGF) will respect the court order, which barred the Central Bank of Nigeria (CBN) and the Nigerian government from disbursing monthly allocations to the Rivers State government.

Mokwa stated, “The Federal Government will obey the court order on the matter of Rivers State allocation. We are going to follow due diligence as long as there is no contrary order.”

The court order was obtained by the factional Rivers State Assembly, led by Martin Amaewhule, who had filed an originating summons against the Rivers State Executive, under the leadership of Simi Fubara.The Amaewhule faction alleged that the Rivers State Executive failed to comply with a Federal High Court order directing it to re-present the 2024 appropriation bill to the faction of the Rivers State House of Assembly.

.....CONTINUE READING.....CONTINUE READING