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APC urges Fayose to spend N8.5b allocation wisely

By Muyiwa Adeyemi, Ado-Ekiti   |   14 August 2015   |   12:13 am  
Ayo-Fayose

Fayose, governor of Ekiti

The All Progressives Congress (APC) in Ekiti State has said the fresh cash allocation of N8.5 billion that accrued to the state in June is an opportunity for Governor Ayodele Fayose to hit the ground running for the development of the state

It urged Ekiti people to check for the details of the state’s allocations on government website www.fmf.gov.ng and www.oagf.gv.ng for true position on actual accruals to the state.

It added that it is no longer fashionable for the governor to continue to deceive Ekiti people about shortage of funds, as the June allocation of whopping N8.5b distributed in July is enough to put the state on a firm financial footing.

Giving the breakdown of the allocation in a statement in Ado Ekiti, the Publicity Secretary, Taiwo Olatunbosun, said Fayose had received N2. 1 billion bailout fund, N2.6 billion statutory allocation, VAT allocation cash of 598.8 million, all totaling N5. 4 billion accruing to the state in June.

He added that in the same month, the governor received N3.1 billion for the local governments, making N8.5 billion as the total cash coming to the state.

He explained that after all deductions; the state was still left with N7. 9 billion.

He said, “We have said it many times that there is no justification for Fayose to continue to claim that the N2.1 billion bail-out fund is the normal allocation for the state, a reason for which he has been attacking President Muhammadu Buhari all this while.

“We wish to now reveal to Ekiti people that Fayose also got the normal state allocation of N2. 6 billion in addition to the bailout fund of N2.1 billion earlier received.

“We had expected Fayose to tell Ekiti people that he had received such a colossal amount in June alone as he always boasts that he will not collect that kind of money without letting the people know about it,” he said.

The APC spokesman explained that the N8.5b cash is outside the N22b refund on federal projects, which the governor had not accounted for, adding the governor had also collected another N2 billion ecological fund without any proof of ecological project he could claim to have executed with the cash.



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