BREAKING: FG Obeys Court’s Order, Stops FAAC Allocation 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.

The development comes amid the ongoing face-off between Governor Simi Fubara and the Minister of Federal Capital Territory, Nyesome Wike.

According to the Spokesperson of the Office of the Accountant General of the Federation, Bawa Mokwa, the decision to stop the payment was made in respect of a court order.

Mokwa disclosed that the Office of the Accountant General of the Federation (OAGF) will respect the court order, which barred the Central Bank of Nigeria (CBN) and the Nigerian government from disbursing monthly allocations to the Rivers State government.