President Bola Tinubu on Wednesday evening met with the former Rivers State Administrator, Vice Admiral Ibok-Ete Ibas (rtd), at the State House, Abuja.

Ibas, who arrived at the State House at about 5:50 p.m. dressed in brown native attire, was accompanied to the meeting by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukayode.

Edun had earlier been sighted entering the State House briefly before leaving, only to later return brandishing a file, underscoring the gravity of the engagement with the President.
Ibas ceased to function as administrator of the oil-rich state on September 17, following the termination of the six-month emergency rule imposed in March, 2025.

President Tinubu had directed the reinstatement of the suspended governor, Siminalayi Fubara, his deputy, and members of the Rivers State House of Assembly effective last Thursday.
During its first sitting after the end of emergency rule, the Rivers State House of Assembly, presided over by Speaker Martin Amaewhule, resolved to investigate the management of state funds under Ibas’ administration.

The state legislators specifically resolved “to explore the process of knowing what transpired during the emergency rule with regard to spending from the consolidated revenue fund for the award of contracts and other expenditure.”

In his response, Ibas publicly rejected the decision to probe the state’s expenditure during his six months in office.

Official records show that Rivers State received at least ₦254.37 billion from the Federation Account Allocation Committee (FAAC) between March and August 2025, covering the period Ibas served as sole administrator.

Deji Elumoye

Follow us on: