Rivers State Governor Siminalayi Fubara has dissolved the Rivers State Pensions Board with immediate effect, tasking the Office of the Accountant General to handle the board’s functions until a new one is established.
The board was inaugurated by former Sole Administrator Vice-Admiral Ibok-Ete Ibas on September 12, just six days before his exit.
In a statement signed by the Head of Service, Dr. Inyingi Brown, Fubara directed members of the defunct board to hand over all properties and assets to the Director of Administration.
The governor plans to constitute a new board to manage pension affairs, potentially marking a significant shift in the state’s pension management strategy.
This move is Fubara’s first major directive since his reinstatement by President Bola Tinubu on September 17, following a six-month emergency rule in the state. The dissolution has sparked interest in the governor’s plans for the state’s pension system and potential reforms.
