
Rivers Allocation Release: Peter Obi Questions Tinubu’s Decision
Peter Obi, the Labour Party’s 2023 presidential candidate, has criticized President Bola Tinubu’s administration for releasing Rivers State’s withheld allocation to an appointed Sole Administrator, despite a Supreme Court ruling barring such action. The Supreme Court had ordered the Central Bank of Nigeria (CBN) and the Accountant General of the Federation (AGF) to withhold Rivers’ allocation on February 28 until the state complied with court directives.
However, President Tinubu declared a state of emergency in Rivers State, suspended Governor Siminalayi Fubara and key state officials, and appointed Ibok-Ete Ibas as the Sole Administrator. On March 21, Ibas confirmed that the withheld funds had been released.
Obi described the decision to release the funds as unlawful and a direct challenge to the authority of the Supreme Court. He emphasized that disregarding the judgment of the Supreme Court sets a dangerous precedent and raises serious moral concerns about the situation in Rivers State.
Obi warned that continued disregard for the rule of law could erode the country’s democracy and urged leaders to uphold judicial decisions. He stated that undermining the future of democracy by disrespecting the law and the principles that bind the nation is unacceptable.