Group Accuses Fayose Of Misappropriating N251bn

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ADO-EKITI – A group, Ekiti Recovery Movement (ERM), has expressed concern over non disclosure of funds earned through the Internally Generated Revenue (IGR) by the administration of Governor Ayo Fayose in Ekiti State. This is even as it also accused the governor of misappropriating the sum of N251.99 billion from federal allocation and IGR since 2014.

In a swift reaction, Lanre Ogunsuyi, the Commissioner for Information, described the allegation as unfounded, saying that at no time did the government receive N3 billion as monthly allocation since Fayose assumed office, positing that the state government didn’t get as much as claimed.

But Olalekan Soyombo, the group’s coordinator, said available statistics from the Federal Ministry of Finance revealed that Ekiti had received an aggregate of N223.99 billion as allocation in the last 43 months after tax and debt deductions, querying why Fayose had found it difficult to pay salary and pensions for the past eight months.

Soyombo said it was so pathetic that the state had made an aggregate of N17.2 billion on an average of N400 million monthly under Fayose as IGR, lamenting that the governor allegedly kept the accrual secret.

He said: “Putting the IGR and federal allocation together in the last 43 months, the PDP government has managed N251.19 billion, outside the Paris Club refunds, capital funds, 13-month budget support funds, excess crude oil among others that this government got under President Muhammadu Buhari’s government.

“Verifiable facts indicated that the state wage bill is N1.8b inclusive of political appointees on consolidated salary structure. This equals N77.4 billion only for 43 months. When you subtract the wage bill from the allocation and add to IGR, the state is left with N173.7 billion.

“If we may ask, what then is making the state government to deny civil servants and teachers their salaries and wages in spite of all these huge resources? He asked.

Soyombo also lampooned the state government for increasing the tuition fee in Ekiti State University to as much as N180, 000 in a poverty-stricken state like Ekiti, saying this was smacked of insensitivity.

The post Group Accuses Fayose Of Misappropriating N251bn appeared first on Independent Newspapers Nigeria.

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