{"id":17634,"date":"2025-09-12T06:36:02","date_gmt":"2025-09-12T06:36:02","guid":{"rendered":"https:\/\/phmundial.com\/?p=17634"},"modified":"2025-09-12T06:36:02","modified_gmt":"2025-09-12T06:36:02","slug":"group-accuses-rivers-sole-administrator-of-massive-financial-mismanagement","status":"publish","type":"post","link":"https:\/\/deepstrataenergy.com\/phmundial\/2025\/09\/12\/group-accuses-rivers-sole-administrator-of-massive-financial-mismanagement\/","title":{"rendered":"Group Accuses Rivers Sole Administrator of Massive Financial Mismanagement"},"content":{"rendered":"<p>By Mandy Willy<\/p>\n<p>The Niger Delta Advocates for Good Governance (NDAGG) has accused Vice Admiral Ibok-Ete Ibas (rtd), the sole administrator of Rivers State, of what it described as \u201cdangerous financial mismanagement and brazen looting\u201d of local government funds.<\/p>\n<p>The group through its spokesman, Chief Honest Nwenenda Woke,  alleged that in July 2025, Admiral Ibas personally ordered the deduction of more than \u20a6200 million from each of the state\u2019s 23 local government areas without transparency or accountability.<\/p>\n<p>According to NDAGG, the issue resurfaced on Tuesday, September 9, 2025, during the monthly Joint Account Allocation Committee meeting at Government House. The group claimed that Ibas announced a fresh deduction of over \u20a61 billion from each local government council, purportedly for pension payments. <\/p>\n<p>The development, NDAGG said, prompted newly sworn-in council chairmen to reject the cheques presented to them.<\/p>\n<p>The group questioned the administrator\u2019s credibility, recalling his earlier claims of uncovering thousands of ghost workers that allegedly reduced the state\u2019s wage bill.<\/p>\n<p> \u201cIf that claim was genuine, why then is he attempting to strip the LGAs of a staggering \u20a623 billion? Rivers people are not fools\u2014someone is clearly being deceived here,\u201d the statement read.<\/p>\n<p>NDAGG further expressed concern over consistent salary delays under Ibas\u2019s administration, warning that August salaries could suffer even longer delays due to what it termed  reckless financial maneuvers.<\/p>\n<p>\u201cIt is shameful that instead of consolidating the peace painstakingly restored to Rivers by President Bola Ahmed Tinubu, Admiral Ibas has chosen to exploit the situation, abusing Mr. President\u2019s goodwill while dragging our state toward bankruptcy,\u201d the group stated.<\/p>\n<p>The Advocates called on the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices and Other Related Offences Commission (ICPC), and other relevant security and anti-graft agencies to immediately open a full-scale investigation. The group also disclosed plans to petition international partners and foreign governments for travel bans and restrictions against Admiral Ibas.<\/p>\n<p>\u201cThe Niger Delta Advocates for Good Governance cannot and will not sit idly by while the future of Rivers people is mortgaged by one man\u2019s greed. Rivers belongs to all of us, and we will resist this looting with every lawful means until accountability is restored,\u201d Woke declared.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Mandy Willy The Niger Delta Advocates for Good Governance (NDAGG) has accused Vice Admiral Ibok-Ete Ibas (rtd), the sole administrator of Rivers State, of what it described as \u201cdangerous financial mismanagement and brazen looting\u201d of local government funds. The group through its spokesman, Chief Honest Nwenenda Woke, alleged that in July 2025, Admiral Ibas<\/p>\n","protected":false},"author":1,"featured_media":15561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-17634","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines"],"_links":{"self":[{"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/posts\/17634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/comments?post=17634"}],"version-history":[{"count":0,"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/posts\/17634\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/media\/15561"}],"wp:attachment":[{"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/media?parent=17634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/categories?post=17634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/tags?post=17634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}