APC Unveils Amount Gov. Fubara Received From FAAC In 6 Months | READ MORE

Speaking during a visit to the Speaker, Rivers State House of Assembly, the APC Caretaker committee in the state, led by the chairman, Tony Okocha, described as impunity, Fubara running the government without a budget, adding that such could result to financial misconduct.

Okocha alleged that the governor has received N144billion Federal Allocation from the Federal Account Allocation Committee (FAAC) between June 22, 2023 and November 2023 which has not been "transmitted to action in any way in terms of development in the state.ÔÇØ

In Okocha's words;

"We frown at the governor's impunity in running Rivers State without a Budget. However, we remind him that it will amount to gross financial misconduct for him to continue in this dangerous voyage.

"This might sound unpalatable and annoying. As a party in opposition in the state, we have applied and and received data on the sum received by the Rivers state government from Federal Allocation.

"From June 22, 2023 to November 2023. It is our finding that a whooping sum of N144,291,667,791.01 has been received from Federal Allocation under FAAC.

"This amount is beside internally generated Revenue of the state which is put on conservatively N10-billion every month. We regret that this humongous amount has not been transmitted to action in any way in terms of development in the state.ÔÇØ

ALL FACTS NEWSPAPER had reported that a Federal High Court in Abuja, nullified the N800billion budget Fubara had presented before four members of the state Assembly during the political crisis in the state.