Rivers State Emergency: FG To Release Funds To New Administrator

FG Confirms Allocation Release for Rivers State Under New Leadership

Listen up, folks. The Federal Government has officially announced that it will release the funds due to Rivers State to its newly appointed administrator, Vice Admiral Ibok Ete Ibas (retd). This decision comes on the heels of President Bola Tinubu's declaration of a state of emergency in the region. The move is aimed at stabilizing the state, which has been in turmoil, and ensuring that governance continues without a hitch.

Attorney-General Speaks Out on State of Emergency

Naija News learned that the Attorney-General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi, SAN, shared this information during a press briefing at the State House in Abuja on Wednesday. Fagbemi emphasized that the state of emergency, which led to the suspension of Governor Siminalayi Fubara, his deputy Ngozi Odu, and the entire Rivers State House of Assembly, was a necessary step to prevent a potential disaster.

Let me break it down for you. The AGF described the state of emergency as a crucial and timely measure to prevent a full-blown crisis in Rivers State. According to him, the situation had escalated to a point where extraordinary actions were essential to restore peace and stability. He assured everyone that the decision was well within the bounds of the constitution and was made with the best interests of the state in mind.

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Why the State of Emergency Was Declared

Fagbemi explained that the declaration was not taken lightly. The political climate in Rivers State had become so volatile that it posed a significant threat to the peace and security of its residents. He stressed that the move was designed to avert a potential implosion and bring the situation under control. The AGF made it clear that the state was in dire need of intervention, and the state of emergency was the most effective way to achieve that.

Here's what Fagbemi had to say: “The declaration of a state of emergency was both timely and necessary. The situation in Rivers State had reached a critical juncture, requiring immediate action. Without this intervention, the consequences could have been catastrophic.”

Funds to Be Released to New Administrator

Now, here’s the important part. Fagbemi also confirmed that the Federal Government is committed to ensuring that the funds allocated to Rivers State from the federation account are released to the new administrator, Vice Admiral Ibok Ibas (retd), when requested. This is a significant move, given the extraordinary circumstances surrounding the state of emergency.

He explained that the current situation places Rivers State outside the usual governance framework. As such, it’s only right to provide the necessary resources to support the administrator in his new role. Here’s how Fagbemi put it: “If the administrator requests the funds, it will be entirely appropriate to release them. Given the events leading up to the declaration of the state of emergency, it’s crucial that the state has the financial resources it needs to stabilize and move forward.”

In summary, the Federal Government is taking decisive action to stabilize Rivers State and ensure that its people have the leadership and resources they need to thrive. This is a step in the right direction, and we’ll be keeping a close eye on how things unfold in the coming days and weeks.