Port Harcourt, Rivers State – Governor Siminalayi Fubara has approved the immediate dissolution of the Rivers State Pensions Board, marking one of his first major policy decisions since the end of the state’s six-month emergency rule.
Official Announcement
The decision was contained in a statement issued on Friday by the Head of Service, Dr. (Mrs.) Inyingi Brown.
According to the directive, the functions of the dissolved board will now be taken over by the Office of the Accountant General of Rivers State.
Handover Order to Board Members
The statement further instructed members of the defunct board to hand over all properties and assets of the board in their possession to the Director of Administration in the pensions office.
New Board to Be Constituted
Governor Fubara also assured that a new pensions board will be constituted in due course to oversee pension-related matters in the state.
Background
The Rivers State Pensions Board had not been reconstituted by the immediate past emergency rule administration. Its dissolution therefore represents a critical restructuring move by the Fubara-led government aimed at strengthening pension administration in the state.
This marks a new phase in Governor Fubara’s administration, as stakeholders await the announcement of a fresh board to steer pension affairs.