By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: SERAP Demands Breakdown of N254bn FAAC Spending in Rivers
Font ResizerAa
Okay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
2026 © Okay International Limited - All rights reserved
Politics

SERAP Demands Breakdown of N254bn FAAC Spending in Rivers

Ogungbayi Feyisola Faesol
By
Ogungbayi Feyisola Faesol
ByOgungbayi Feyisola Faesol
Faesol is a journalist at Okaynews.com, reporting on business, technology, and current events with clear, engaging, and timely coverage.
Follow:
Published: 2025/09/24
2 Min Read
Share
SHARE

The Socio-Economic Rights and Accountability Project (SERAP) has filed a Freedom of Information (FOI) request seeking details of how over N254.37 billion received from the Federation Account Allocation Committee (FAAC) between March and August 2025 was spent by the immediate past Rivers State Administrator, Vice Admiral Ibok-Ete Ibas (retd.).

In a statement on Tuesday, SERAP said the request specifically demands clarification on expenditures, including the alleged N22 billion budgeted for CCTV installations at the State House. The group stressed that transparency in the management of public funds is in the public interest and crucial to preventing corruption or abuse of trust.

“Nigerians have a legally enforceable right to know how Vice Admiral Ibok-Ete Ibas (retd.) utilized FAAC allocations and other funds during the period of emergency rule in Rivers State,” SERAP stated.

The organisation cited the Freedom of Information Act, Section 39 of the 1999 Constitution, Article 9 of the African Charter on Human and Peoples’ Rights, and Article 19 of the International Covenant on Civil and Political Rights as legal grounds backing its request.

- Advertisement -

It warned that the state government cannot use emergency rule as an excuse to block access to details of public spending. According to SERAP, accountability in financial governance is central to safeguarding democracy and human rights.

The move comes amid heightened scrutiny over fiscal management during the emergency administration in Rivers State, with civil society groups pressing for stronger oversight of FAAC allocations.

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:FAACIbok-Ete Ibas appointmentRivers StateSERAP
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Spotify Spotify Launches “Afrobeats: Culture in Motion” to Showcase Global Rise of the Genre
Next Article Nigeria’s N8.41 Trillion Oil Loss Raises Questions on Governance and Development Prospects

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -

More News

Politics

APC Times Fubara Reception Around Northern Schedule, Chairman Says

By Oluwadara Akingbohungbe
3 Min Read
News

SERAP Asks Code Of Conduct Bureau To Probe Claims Of Changes To Electoral Act Bill And Tax Laws

By Oluwadara Akingbohungbe
5 Min Read
PoliticsTop stories

Wike Launches Pro-Tinubu Radio Station Ahead of 2027 in Rivers

By Adamu Abubakar Isa
1 Min Read
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook
Not a member? Sign Up