Okpebholo orders freezing of state-owned bank accounts

Monday Okpebholo, the Edo State Governor, has ordered the immediate freezing of all state-owned bank accounts

According to the statement released on Thursday by Fred Itua, his Chief Press Secretary, the governor indicated that the accounts would remain frozen until further notice.

The governor also urged commercial banks and heads of Ministries, Departments, and Agencies (MDAs) to comply with the order immediately and without delay.

The statement explained that Okpebholo cautioned that anyone, including heads of MDAs and civil servants, who disregards the directive would face severe penalties.

All state bank accounts with commercial banks have been frozen. Commercial banks must comply with this order and ensure that not a single naira is withdrawn from government coffers until further notice.

“Heads of Ministries, Departments, and Agencies must ensure full compliance without delay.

Following necessary investigations and reconciliations, the governor will take appropriate action and decide on the way forward. For now, this order remains in effect,” the statement read.

The governor also directed relevant government agencies to revert the Ministry of Roads and Bridges to its original designation, the Ministry of Works, a change implemented during the tenure of former Governor Godwin Obaseki.

Okpebholo ordered immediate compliance, directing that the new name be officially reflected.

“It is odd to name a government institution the Ministry of Roads and Bridges, especially when not a single bridge was built by the previous administration — not even a pedestrian bridge.

“In the coming days, we will examine further actions taken by the previous administration and make decisions that serve the best interests of the state,” the statement concluded.

 

Zainab Odunayo
Zainab Odunayo
Zainab Odunayo is a News Reporter at Wakadaily News, specializing in politics and current affairs. With a strong passion for storytelling and a keen interest in social issues, Zainab brings insightful perspectives to her reporting.

Popular Related

Judy Austin Biography: Age, Education, Husband, Career

Judith Muoghalu Uchechuwku (born on December 31st, 1991) better known as Judy Austin is a Nigerian actress, producer, and brand influencer. She came into the limelight...

Blessing Jessica Biography: Age , Education, Family and Career

Blessing Jessica is a renowned actress in the Nigerian film industry, a well-known television personality, and a successful entrepreneur. She is known by her...

Lateef Adedimeji Biography: Age , Family, Education and Career

Lateef Adedimeji is a Nigerian personality who works as an actor and filmmaker. Real Facts About Lateef Adedimeji  Gender: Male Age: 40 Date of Birth: 1 February,1984 State of Origin: Isolo,Lagos...

Mama No Network Biography: Age, Education, Career, Net worth, husband, children

Kudirat Soremi ( Born April 25) well known as “Mama no network” is a talented Yoruba Nollywood actress and comedian. Fact About Madam No Network ...

Olayinka Solomon Biography: Age, Education, Career, Net worth, husband, children

Olayinka Solomon ( Born September 17) popularly known as Ogo Mushin, is a talented fast rising Nollywood actress, filmmaker, Model, and producer. Fact About Olayinka...

“A journey filled with blessings” – Oga Bello, Yinka Quadri, Latin, Nollywood stars rain tributes on Ogogo as he celebrates 65

It's is raining congratulatory messages to veteran Nollywood actor Taiwo Hassan, popularly known as Ogogo, clocks a new age today, the 31st of October...

BREAKING: Tinubu sworn in as Nigeria’s President

The President-elect, Bola Ahmend Tinubu has been sworn in as the President of Nigeria on, Monday 29, 2023. The former governor of Lagos State was...

Tobi Amusan: set world record twice, fans celebrate her

Tobi Amusan has become the first ever Nigerian athlete to win a World Athletic Championship gold as she won the heat in the women's...

Niger crisis: ECOWAS deploys standby force; junta threathens to kill president

The Niger Republic military junta has threatened to kill deposed president Mohamed Bazoum, if the Economic Community of West African States attempt any military...

Commisoner explains reason behind the delay of lekki toll gate facility utilization

Three years after the EndSARS protests, the Lagos Commissioner for Information and Strategy, Gbenga Omotosho, revealed that the reason the operations at the Lekki...