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Fubara Dissolves Rivers Microfinance Board, Appoints Acting MD

Rivers State Governor, Siminalayi Fubara, has dissolved the Board of the Rivers State Microfinance Agency, which was inaugurated in August by the former Sole Administrator, Vice Admiral Ibok-Ete Ibas (retd). The move comes just two days after the governor disbanded the Rivers Pension Board and directed the Accountant-General to oversee its activities. The Microfinance Agency’s […]

Rivers State Governor, Siminalayi Fubara, has dissolved the Board of the Rivers State Microfinance Agency, which was inaugurated in August by the former Sole Administrator, Vice Admiral Ibok-Ete Ibas (retd).

The move comes just two days after the governor disbanded the Rivers Pension Board and directed the Accountant-General to oversee its activities.

The Microfinance Agency’s board, chaired by Prof. Adolphus Toby, was among eight agencies inaugurated on August 14 under Ibas’ administration.

In a statement issued by the Head of Service, Dr. Inyingi Brown, Governor Fubara announced the appointment of Pastor Jonathan Tobin as Acting Managing Director of the Agency.

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