The Rivers State Governor, Siminalayi Fubara, has approved the immediate dissolution of the Rivers State Pensions Board.
This was contained in a Government Special Announcement issued in Port Harcourt on Friday evening by the State Head of Service, Mrs. Inyingi Brown.
According to the statement, the Office of the Accountant-General of Rivers State will now take over the functions of the dissolved board until a new one is constituted.
It further directed members of the defunct board to hand over all properties and assets in their possession to the Director of Administration of the Board.
The statement read in part: “The Executive Governor of Rivers State, His Excellency, Sir Siminalayi Fubara, has approved the immediate dissolution of the Rivers State Pensions Board. 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.”
No reason was given for the dissolution.
The development marks Governor Fubara’s first major directive since his reinstatement by President Bola Tinubu on September 18.