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FG to release Rivers allocation to Ibas

Laraba Johnson by Laraba Johnson
March 19, 2025
in Business, National, News, News
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Rivers’ new administrator, Ibas takes oath of office

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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 Tinubu’s declaration of a state of emergency in Rivers State was timely and meant to avert an implosion in the state.

Ibas

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.

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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 Tinubu 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 (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 said.

Tags: FG to release Rivers allocationIbas
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