Categories: News

FG Obeys Court’s Order, Stops FAAC Allocation To Rivers State

The federal government has disclosed that the monthly funds from the Federation Account Allocation Committee (FAAC) would no longer be paid to the Rivers State government.

The development comes amid the ongoing face-off between Governor Simi Fubara and the Minister of Federal Capital Territory, Nyesome Wike.

According to the Spokesperson of the Office of the Accountant General of the Federation, Bawa Mokwa, 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.

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.

READ: Vacate Order Stopping Allocation To Rivers State, Fubara Asks Appeal Court

“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.”

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 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.

Recent Posts

Osun Assembly Increases 2025 Budget

The Osun State House of Assembly has passed the 2025 Appropriation Bill, increasing the budget…

60 mins ago

Top 5 Fun Spots In Osun State To Take Your Kids For Christmas

The festive season is here again, and families across Osun State are gearing up for…

2 hours ago

FIRS Begins Recruitment (See How To Apply)

The Federal Inland Revenue Service (FIRS) has begun its recruitment exercise for experienced professionals to…

3 hours ago

The Influence Of Religion On Nigerian Politics

Religion has always played a pivotal role in shaping the political landscape of Nigeria. As…

3 hours ago

Cyberbullying: Speed Darlington Granted Bail

Popular controversial rapper, Darlington Achakpo, aka Speed Darlington has been granted bail after nearly a…

3 hours ago

The most expensive athletes in the world: who are they?

Are the most expensive athletes always in soccer? Have you ever wondered who the best-salaried…

4 hours ago

This website uses cookies.