Rivers State Governor, Siminalayi Fubara, has dissolved the state’s pensions board with immediate effect—only two weeks after it was inaugurated.
The board, established on September 12 under the leadership of former Sole Administrator Ibok-Ete Ibas, has now been declared defunct. A statement released on Friday in Port Harcourt by the Head of Service, Inyingi Brown, confirmed the dissolution and announced that the Office of the Accountant-General will temporarily take over the board’s functions.
“The Executive Governor of Rivers State, His Excellency Sir Siminalayi Fubara, has approved the immediate dissolution of the Rivers State Pensions Board,” the statement read.
It added: “Consequently, the Office of the Accountant-General of Rivers State will, henceforth, assume the responsibilities of the board. Members of the now-defunct board are directed to hand over all board property and assets in their possession to the Director of Administration. A new board will be constituted in due course to oversee pension affairs.”
No official reason was given for the abrupt move. However, all former board members have been instructed to return any assets or documents belonging to the board.
This action marks Governor Fubara’s first significant directive since his reinstatement by President Bola Tinubu on September 17. Political observers see the dissolution as a signal of an impending shake-up across state institutions as the governor reasserts his control over the administration.
