Obi Condemns Funds Release To Rivers Sole Administrator

Former presidential candidate of the Labour Party, Peter Obi has condemned President Bola Tinubu-led administration over the release of Rivers State’s withheld allocation to the appointed Sole Administrator despite the ruling of the Supreme Court.

Afinju FM
2 Min Read

Recall that the apex court on February 28, barred the Central Bank of Nigeria, CBN, the Accountant General of the Federation, and other agencies from releasing allocations to Rivers State Government pending when it purged itself of what the court described as flagrant disobedience to court orders.

Meanwhile, the appointed Sole Administrator of the State, Ibok-Ete Ibas confirmed on Friday in Port Harcourt that the withheld allocations have been released.

Reacting to this, Obi noted that the decision to release statutory allocations to an appointed Sole Administrator, despite a standing order of the Supreme Court, is not just unlawful but a direct challenge to the authority of the Supreme Court.

Read Also: Tinubu Declares State Of Emergency In Rivers State

He also urged institutions such as the CBN and AGF, which are mandated to uphold the law, not to be complicit in actions that defy judicial decisions.

He maintained that the release of allocation to Sole Administrator is setting a dangerous precedent and raises questions about what is happening in Rivers State.

Obi stressed that a country cannot function where the rule of law is trampled upon, adding that if this continues, we are undermining the future of our democracy.

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