Ibok Ete Ibas.webp
The Digest:

The Independent Corrupt Practices Commission (ICPC) has received a petition calling for an investigation into how former Rivers State Sole Administrator, Vice Admiral Ibok-Ete Ibas (retd.), handled over N283 billion in federal allocations during his six-month tenure.

Key Points:
  • The petition was filed by civil rights lawyer Deji Adeyanju shortly after Ibas's administration ended.
  • The ICPC confirmed receipt and has forwarded the document for legal review.
  • Adeyanju alleged that Rivers State received N283.3bn in allocations between March and June 2025.
  • He claimed there is little evidence of tangible development to justify the massive expenditure.
  • The petition accused the administration of failing to publish mandatory budget performance reports.
  • Ibas had previously stated he was only answerable to the President and National Assembly, not the state legislature.
  • The probe call follows a recent meeting between Ibas, President Tinubu, and the EFCC chairman.
This case tests the boundaries of federal intervention in state affairs and the mechanisms for ensuring financial accountability when democratic structures are bypassed.

Sources: The PUNCH