In a significant turn of events, Rivers State Governor Sim Fubara has reportedly ordered the shutdown of all NNPC facilities and oil companies operating within Rivers State, declaring, “No Allocation for Rivers State, No Oil for Nigeria.” This alleged move follows a court order directing the Central Bank of Nigeria (CBN) to halt monthly allocations to the state.
Sources within the state government suggest that the governor’s decision is a response to the financial freeze, which has hindered essential funding for the state’s projects and welfare initiatives. Governor Fubara is believed to have emphasized that Rivers, as a major oil-producing state, cannot continue operations while being denied its rightful share of federal allocations.
While the Rivers State Government has yet to release an official statement, the alleged action has sparked discussions regarding the financial autonomy of oil-producing states and the impact of judicial orders on state-federal relations.
