BREAKING: FG STOPS OCTOBER FAAC REVENUE TO RIVERS STATE

th 5 3

BREAKING: FG STOPS OCTOBER FAAC REVENUE TO RIVERS STATE

The Nigerian government has confirmed that it has stopped the October monthly Federation Account Allocation Committee, FAAC revenue payment to Rivers State amid the ongoing face-off between Governor Simi Fubara and the Minister of Federal Capital Territory, Nyesome Wike.

The Spokesperson of the Office of the Accountant General of the Federation, Bawa Mokwa, disclosed this exclusively to DAILY POST on Friday.

This comes as the Nigerian Government on Wednesday announced the approval for the disbursement of N1.1411 trillion as the October 2024 Federation Accounts Allocation Revenue to Federal, State, and local government councils.

However, a report emerged that FAAC revenue in October was not disbursed to Rivers State following a court stopping the Central Bank of Nigeria and the Nigerian government from carrying out such action.

Reacting to the development, Mokwa said the OAGF as a government agency will respect the court order.

Meanwhile, he stated that the October monthly FAAC revenue has not been disbursed to respective states as of filing the report.

“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 told DAILY POST.

He added, “The process of disbursement of the October 2024 monthly allocation is going.”.

Recall that on October 30, this year, Justice Abdulmalik of the Federal High Court barred CBN and the Nigerian government from disbursing monthly allocations to the Rivers State government.

This comes after an originating summons filed by the factional Rivers State Assembly, led by Martin Amaewhule.

The Amaewhule case was based on the grounds that the Rivers State Executive, under the leadership of Simi Fubara, was yet to comply with the order of a Federal High Court directing it to re-present the 2024 appropriation bill to the Amaewhule-led faction of the Rivers State House of Assembly.

In the past month, the Amaewhule faction, backed by Wike, former Governor of Rivers State, had been in a political battle with Fubara.

Recall that upon the emergence of Fubara as governor, he fell apart with his predecessor, Wike, which had led to a month-long crisis in the oil-rich state.

  • Dons Eze

    DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

    Related Posts

    ENUGU LP HOUSE OF REPS MEMBERS JOIN APC

    Enugu LP House of Reps Members Join APC In a decisive political realignment ahead of the 2027 elections, prominent Labour Party (LP) lawmakers and political figures from Enugu State have defected to the All Progressives Congress (APC). Their defection, announced at a high-profile APC Progressive Governors’ Forum meeting, marks a major boost for the ruling party’s expansion in the Southeast. Facilitated by the leadership of APC in Enugu, the Honorable Minister of Innovation, Science, and Technology, Chief Uche Geoffrey Nnaji, the Deputy National Chairman South, Chief Emma Eneukwu, and the State Party Chairman, Hon. Ugochukwu Agballah, the move strengthens APC’s strategic positioning in the region. Agballah officially presented five influential LP defectors, including sitting members of the House of Representatives and former political officeholders, who have now pledged their allegiance to APC: The event, witnessed by top APC figures, underscored the party’s growing appeal in the Southeast. Present were APC National Chairman Abdullahi Ganduje, Chairman of the Governors’ Forum and Governor of Kwara State, Alhaji Abdurahman Abdurazaq, alongside Governor Hope Uzodimma of Imo State, Governor Ahmed Usman Ododo of Kogi State, Governor Bassey Otu of Cross River State, and Governor Hyacinth Alia of Benue State, among other high-ranking officials. This defection signals a significant power shift in Enugu, traditionally an opposition stronghold. Political analysts see it as a calculated move that could redefine the state’s political dynamics heading into 2027. Hon. Ugochukwu Agballah welcomed the defectors, emphasizing the party’s commitment to progress, leadership, and inclusive governance.“ The APC is a party of growth and opportunity. We welcome progressive minds who are ready to drive transformation in Enugu and the Southeast,” Agballah stated. With this strategic reinforcement, APC is making bold moves to solidify its influence in Enugu, setting the stage for a competitive 2027 election.

    KENNETH OKONKWO QUITS LABOUR PARTY, GIVES REASONS

    KENNETH OKONKWO QUITS LABOUR PARTY, GIVES REASONS A former spokesperson for the Labour Party (LP) Presidential Campaign Organisation in 2023, Kenneth Okonkwo, has announced his resignation from the party. Announcing his resignation from the party on Tuesday, Kenneth Okonkwo thanked Nigerians for the support they gave the Labour Party during the 2023 presidential election. “We were the only party that had 25% foothold in all six geo-political zones and the Federal Capital Territory. I believe that we won the election under the Labour Party with your support but were denied the victory through technical glitch”, he said. He stated that by February 25, 2025, it will be two years after the 2023 presidential election and two years before the next presidential election. “It’s a democratic convention worldwide that effective political consultations, alignments, and re-alignments commence two years to the next election. Unfortunately, the Labour Party, as presently constituted, is not in a position to be part of that political force that will determine the political future of Nigeria. According to him, Labour Party as presently constituted does not exist. “In the constitution of Labour Party, the tenure of the ward, local government, and state party executives is three years. Having conducted no congresses at these levels within the constitutionally allowed tenure of the executives, their regimes have effectively expired. “The former National Chairman of Labour Party, Julius Abure, and his former National Working Committee, having conducted no national convention known to law, according to the Independent National Electoral Commission (INEC), and the courts having held that the issue of the leadership of a political party is the internal affair of a political party for which the courts do not have the jurisdiction to entertain, there’s no effective leadership of Labour Party at the national level. “The Senator Nenadi Usman-led Caretaker Committee, which was duly and legally set up by the National Executive Council (NEC) of the Labour Party, after the non-recognition of Abure-led National Working Committee (NWC) by INEC, and was given six months to conduct congresses and the convention, was the only viable option towards salvaging the Labour Party. “Unfortunately, Abure and his colleagues, with the collaboration of outside forces, launched unnecessary legal challenges against this Caretaker Committee that have inhibited it from functioning. It’s more than six months after the inauguration of the Committee, and the Committee has not even taken off, leading many to conclude that the objective of these politicians of bread and butter with their outside collaborators is to bog down the serious members of Labour Party with frivolous and unnecessary litigation till the 2027 election is over. Isn’t it curious that a national executive of a political party whose elected members are defecting everyday to other parties, and who can not wage legal battles to recover these seats for their party, is waging ferocious legal battles to maintain their destructive, choking hold on the party. ” It’s obvious that Abure is not interested in the survival of Labour Party as he is interested in the survival of his pocket. If he is interested in the emergence of a southern candidate in Labour Party to challenge Tinubu in the 2027 presidential election, going by the convention of having a northern national chairman of a party and a southern presidential candidate of the same party, whenever going into election, the first thing he would have done is to cede the position of national chairman to the North since the party is interested in fielding a presidential candidate from the South. “This was the suggestion of people like us who are genuinely interested in the survival and flourishing of Labour Party. Nigerians, especially the North, may have overlooked the combination of both the … national chairman and presidential candidate from…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    ENUGU LP HOUSE OF REPS MEMBERS JOIN APC

    • By Dons Eze
    • February 12, 2025
    • 32 views

    CAMBRIDGE HONOURS NIGERIAN PHD STUDENT FOR BIAFRA HERITAGE PROJECT

    • By Dons Eze
    • February 12, 2025
    • 17 views

    NORTHERN EMIR BANS CHURCH ACTIVITIES IN CHRISTIAN FAMILIES

    • By Dons Eze
    • February 12, 2025
    • 51 views

    TOO MANY PEOPLE COME TO UK TO WORK ILLEGALLY – PRIME MINISTER VOWS TO END IT

    • By Dons Eze
    • February 12, 2025
    • 35 views

    TENSIONS RISE BETWEEN ANAMBRA, IMO OVER KILLING OF TWO RESIDENTS BY SOLUDO’S AGUNECHEMBA

    KENNETH OKONKWO QUITS LABOUR PARTY, GIVES REASONS

    • By Dons Eze
    • February 12, 2025
    • 21 views