Credible News
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
Credible News
No Result
View All Result

Okpebholo freezes all government accounts till further notice

State government accounts frozen

Credible News by Credible News
November 14, 2024
in Banking, Economy, Legal, News, Politics
0
Okpebholo assembles cabinet, picks Oshiomole’s son in charge of health
0
SHARES
1
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

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

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

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

The statement noted 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 Commercial banks must comply with this order and ensure that not a single naira is withdrawn from government coffers until further notice.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.

READ ALSO: Edo gov dissolves board, sacks political appointees

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.

Credible News recalls that the State Government on Wednesday approved the dissolution of the executive boards, agencies, and parastatals in the state’s public service, with immediate effect.

The Chief Press Secretary to the governor, Fred Itua said the governor had ordered all affected appointees to hand over all government properties in their possession to the most senior public officer in their respective ministries, departments, and agencies.

Credible News.ng

Tags: Edo State GovernorMonday OkpebholoState government accounts
Previous Post

NNPCL appoints three into executive positions

Next Post

NMDPRA seals four petroleum stations over illegal practices in Delta

Credible News

Credible News

Next Post
NMDPRA seals four petroleum stations over illegal practices in Delta

NMDPRA seals four petroleum stations over illegal practices in Delta

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Kwara State university campus in Osi ready for first lectures

Kwara State university campus in Osi ready for first lectures

November 18, 2024
Police warn Lagosians against economic disturbance during NLC protest

Police in Kano urges caution as Muslims begin Ramadan

March 11, 2024
In the dark: UCH’s mounting power crisis

Is UCH in darkness: Need for responsible journalism!

February 9, 2025
Tiktok

Court remands Tik Toker for posting President Tinubu’s obituary

July 25, 2025
Corper recounts ordeal of Agunechemba attack, seeks prosecution

Corper recounts ordeal of Agunechemba attack, seeks prosecution

2

ADC begins online membership registration

2
Biden arrives Israel

Biden visits Israel amidst killing of more Palestinians

1
handcuffs

Police arrests 34-year-old man for raping 90-year-old woman

1
US President Donald Trump

US, Iran divided on ceasefire terms

May 3, 2026
FC Robo Queens win Lagos Federation Cup again

FC Robo Queens win Lagos Federation Cup again

May 3, 2026
Tinubu appoint Tunji Disu acting IGP

Police searching for more suspects in Effurun saga

May 3, 2026
Dickson welcomes Obi, Kwankwaso to NDC

Dickson welcomes Obi, Kwankwaso to NDC

May 3, 2026

Recent News

US President Donald Trump

US, Iran divided on ceasefire terms

May 3, 2026
FC Robo Queens win Lagos Federation Cup again

FC Robo Queens win Lagos Federation Cup again

May 3, 2026
Tinubu appoint Tunji Disu acting IGP

Police searching for more suspects in Effurun saga

May 3, 2026
Dickson welcomes Obi, Kwankwaso to NDC

Dickson welcomes Obi, Kwankwaso to NDC

May 3, 2026
Credible News

At Credible News we seek, process and serve news, opinions and analyses that are verifiable and reliable.
We also provide readers with authentic and credible facts and figures, news, opinions and analyses to make informed choices.

Follow Us

Browse by Category

  • Accident
  • Agriculture
  • Banking
  • Conflict
  • Crime
  • Development
  • Economy
  • Education
  • Entertainment
  • Fashion
  • Features
  • Foreign
  • Global Trade
  • Health
  • Human Interest
  • ICT
  • Interviews
  • Legal
  • Life Style
  • News
  • Oil & Gas
  • Opinion
  • Politics
  • Religion
  • Security
  • Sports
  • Travel
  • Trending
  • Women

Recent News

US President Donald Trump

US, Iran divided on ceasefire terms

May 3, 2026
FC Robo Queens win Lagos Federation Cup again

FC Robo Queens win Lagos Federation Cup again

May 3, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.

No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.