Fayose: APC is misinforming the public on the financial status of the state


Ayodele Fayose, has refuted allegations by the All Progressives Congress that the state got N1.9bn and not N1.3bn as federal allocation in December.

The Ekiti state governor had said the state collected N1.3bn from the federation account in December.

The APC had also accused the governor of concealing information that the 16 local governments received N1.6bn as a separate federal allocation in the same month.

But Fayose, in a statement by his Special Assistant on Public Communications and New Media, Lere Olayinka, accused the APC of misinforming the public on the financial status of the state.

The statement reads, “At some points in the administration of the APC government of Dr. Kayode Fayemi, Ekiti State received federal allocation ranging from N9bn to N6bn; yet, Fayemi not only left two months workers’ salaries and four months cooperatives and union deductions unpaid, he took N25bn bond with an accumulated interest of N16bn and also obtained N15, 831,613,425.62 commercial bank loan and did nothing with the fund.

“After over N900m was deducted from the state allocation directly from Abuja as loan repayment, what remained was a little above N1.3bn while the 16 local governments also got a little above N1.3bn.

“About N2.6bn is spent on salaries, subvention, pension and gratuity monthly by the state government alone and one wonders how sensible it is for the APC spokesperson, Taiwo Olatunbosun, to have added state allocation with that of the local governments as if state government workers are the same as those of the local governments.

Fayose denied that state’s failure to comply with the Universal Basic Education Commission guidelines, including paying counterpart fund, was responsible for banning the state from accessing federal intervention fund to run primary schools.

The governor added, “It is on record that about N830m was released by the APC government of Fayemi for SUBEB 2013 counterpart fund. However, the fund was immediately withdrawn from the Access Bank account to which it was paid, immediately fund was released by the UBEC, Abuja.

“The penalty Ekiti State SUBEB is paying today is the N830m counterpart fraud perpetrated by the APC government of Fayemi and I challenge Olatunbosun to an open debate on this.” He assured the people that he would continue to be transparent in his handling of the state’s finances, advising APC members to rather channel their energies and resources towards rescuing the APC-led Federal Government from cluelessness.

“If not that they are extremely shameless, members of such a party that mismanaged the finances of Ekiti State to the extent that deductions will be made from the state allocation till 2036 should naturally be on their bended kneels, pleading to Ekiti people for forgiveness,” he added.


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