THe

ACCURATE REPORTERS

The

Accurate Reporters

What's Hot

FG will obey court order, stopping FAAC allocation to Rivers state –Accountant General

Table of Content

The Federal Government on Friday confirmed that it has stopped the October monthly Federation Account Allocation Committee (FAAC) revenue payment to Rivers State in obedience to a recent court order to that effect.
The development comes amid the ongoing face-off between Governor Siminalayi Fubara and the Minister of Federal Capital Territory, Nyesome Wike.
Spokesperson of the Office of the Accountant General of the Federation, Bawa Mokwa, who disclosed this said the decision to stop the payment was made in respect of a court order.
Mokwa disclosed that 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 said that 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.
He said, “What I got is that the October 2024 FAAC has not been distributed yet. However, 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. In case there is a contrary, the status will remain.”
He added, “The process of disbursement of the October 2024 monthly allocation is going on.”

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 Governor Fubara.
The Amaewhule faction had alleged that the Rivers State Executive was yet to comply with the order of a Federal High Court directing it to re-present the 2024 appropriation bill to the faction of the Rivers State House of Assembly.

Accurate Reporters

[email protected]

Recent News

Trending News

Editor's Picks

Baby, Female Passenger Die In Ikorodu Road Crash

The Lagos State Traffic Management Authority (LASTMA) says a fatal road traffic collision on Ikorodu Road has claimed the lives of an eight-month-old baby and a female passenger. The General Manager of LASTMA, Mr Olalekan Bakare-Oki, said this in a statement on Sunday in Lagos. Bakare-Oki noted that the collision occurred opposite Olabode House, between...

UBA Strengthens Leadership Team, Announces Major Executive Board Appointments And Retirements Effective January 1, 2026

United Bank for Africa Plc (UBA) has announced significant changes to its Executive Board, following the completion of tenure by four long-serving Executive Directors. The retirements, which take effect on January 1, 2026, include Deputy Managing Director Mr. Muyiwa Akinyemi, and Executive Directors Mrs. Abiola Bawuah, Mr. Alex Alozie, and Mrs. Sola Yomi-Ajayi. In line...

Yahaya, Alia, Ribadu, Others Harp On Unity As Hayab’s Daughter Weds In Kaduna

Prominent Nigerian leaders have harped on the need for national unity through peaceful cohesion as a panacea to sustainable growth and development in the country. The leaders, include the National Security Adviser (NSA) Malam Nuhu Ribadu, Director-General of the Department of State Services Mr Oluwatosin Ajayi, Benue Governor Rev. Fr. Hyacinth Alia, Gombe State Governor...

THE

ACCURATE REPORTERS

Get the latest, trustworthy news across politics, business, and more. Subscribe for daily updates and follow us for live insights.

Popular Categories

Must Read

©2024- All Right Reserved. Designed and Developed by  CreativeMansion Digital