Otti Hits The Ground Running, Freezes Abia Accounts, Sacks Boards

The New Diplomat
Writer

Ad

Oil Prices Dip as Rising U.S. Inventories Deepen Oversupply Fears

U.S. crude inventories rose by 4.4 million barrels last week, marking a third consecutive weekly build and intensifying oversupply worries. China is stockpiling crude amid soft refinery demand, contributing to a months-long buildup of global oil reserves. Goldman Sachs forecasts a 2 million bpd global surplus by 2026, projecting Brent to average $56 and WTI…

JUST IN: Senator Okey Ezea of Enugu North Dies in UK at 62

By Obinna Uballa Senator Okey Ezea, representing Enugu North Senatorial District, has reportedly passed away while receiving medical treatment in the United Kingdom, according to early reports. No further details on the circumstances of his death have been made available. Ezea, a member of the Labour Party, was the only remaining National Assembly lawmaker from…

Nigerians React as Armed Bandits Wreak Havoc on Church in Kwara

By Abiola Olawale Nigerians have begun to demand immediate action on insecurity following a devastating attack by armed bandits on a Christ Apostolic Church (CAC) in Eruku, Kwara State. The assault, which reportedly claimed the lives of three persons and the abductions of many, has sparked mass panic. ​The New Diplomat reports that the community…

Ad

By Charles Adingupu

Governor Alex Otti of Abia State has directed the immediate freezing of all accounts of the state government and its agencies domiciled in every bank and financial institution across the state and around the federation.

He has also dissolved all boards of Abia State government agencies and parastatals and ordered the heads of all these bodies to hand over to those next in line to them.

The governor gave these orders in a statement issued through his media office on Monday, signed by Mr Ferdinand Ekeoma, his Special Adviser on Media and Publicity.

The directive read in part, “With this notice, all banks and other financial institutions in the country are directed to immediately cease from honouring any cheque, document, instrument or directive of any kind not expressly approved by or emanating from him.

“Similarly, Governor Otti has directed the immediate dissolution of all boards of the Abia State Government agencies and parastatals and subsequently ordered the chief executives of these organisations to hand over to those next in line to them”.

The reporter gathered that the news of the sack of the former chief executives of the dissolved boards sparked celebration among staff of the agencies, especially those who were owed months of salary arrears.

Ad

X whatsapp