Home News BREAKING NEWS: Rivers State Governor Initiates Property Recovery Committee To Recover Assets...

BREAKING NEWS: Rivers State Governor Initiates Property Recovery Committee To Recover Assets From Wike

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In a bold move aimed at reclaiming state assets allegedly acquired unlawfully, Governor Sim Fubara of Rivers State has announced the establishment of a committee tasked with recovering properties “falsely” acquired by former Governor Nyesom Wike.

The decision comes amidst growing concerns over the appropriation of state resources and assets by previous administrations. The newly formed committee is expected to rigorously investigate and pursue the return of these properties to the state government.

Among the properties identified for immediate recovery are:

1. The old NDDC building on Aba road
2. The mall on GRA junction (currently under demolition)
3. West African Glass Industry
4. Rivers State University Hostel K Campus
5. Rivers State High Rise, also known as PHC Towers
6. Nigeria Engineering Works (NEW)
7. Civil servants Lodge building @ Old GRA
8. Shoprite complex
9. The Hypercity land by NLNG roundabout (Eastern Bypass)
10. The entire Government properties from Tombia junction to Opobo Crescent, spanning over 20 buildings.

These properties represent just a fraction of the assets allegedly misappropriated during the previous administration, with further details on additional state properties slated for publication in the near future.

Governor Fubara’s decisive action underscores his commitment to transparency, accountability, and the responsible stewardship of state resources. The establishment of the property recovery committee signals a new era of governance in Rivers State, where integrity and adherence to the rule of law are paramount.

Stay tuned for updates as the committee begins its work to reclaim these valuable state assets and ensure they are utilized for the benefit of all citizens.

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