Rivers State Governor, Siminalayi Fubara, has disbanded the Rivers State Pensions Board with immediate effect.
The governor directed that the responsibilities of the board be taken over by the office of the state Accountant General until a fresh board is set up.
This was disclosed in a statement released in Port Harcourt on Friday by the state Head of Service, Dr. Inyingi Brown, and made available to journalists.
The statement instructed members of the dissolved board to surrender all assets and properties in their custody to the Director of Administration of the board.
Although no explanation was provided for the decision, the statement read, “The Executive Governor of Rivers State, His Excellency, Sir Siminalayi Fubara GSSRS has approved the immediate dissolution of the Rivers State Pensions Board.
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“Consequently, the Office of the Accountant General of Rivers State henceforth, will handle the functions of the board.
“Members of the defunct board are by this notice advised to hand over all properties and assets of the board in their possession to the Director of Administration of the Board.
“His Excellency, the executive governor will in due course constitute a new board to manage the affairs of pensions.”
This move marks the first major directive by Governor Fubara since his reinstatement by President Bola Tinubu on September 18.
