The Governor of Rivers State, Sir Siminalayi Fubara, GSSRS, has announced the dissolution of the Board of the Rivers State Microfinance Agency.

In a statement issued by the Head of Service, Dr. (Mrs.) Inyingi S. I. Brown, the Governor also approved the immediate appointment of Pastor Jonathan Tobin as the Acting Managing Director of the Agency.

Following the dissolution, members of the defunct Board have been directed to hand over all properties and assets of the Agency in their possession to the new Acting Managing Director.

The Governor further assured that the Board will be reconstituted in due course.