Rivers Governor Siminalayi Fubara has approved the immediate dissolution of the Rivers State Pensions Board (RSPB).
The board was inaugurated by the former Sole Administrator Vice-Admiral Ibok-Ete Ibas (retd) on September 12 before the end of the emergency rule in the state.
Ibas had charged them to resolve the state’s long-standing pension crisis among others.
But the Governor in a statement by the Head of Service, Dr. Inyingi Brown, disbanded the board and said the Office of the Accountant General would henceforth handle the functions of the board.
The statement reads: “Members of the defunct board are by this notice advised to hand over all properties and assets of the board in their possession to the Director of Administration of the Board.
“His Excellency, the Executive Governor will in due course constitute a new board to manage the affairs of Pensions”.
