The Federal Ministry of Finance has released the N1.1 billion Budget Support Fund of Ekiti State it seized about two weeks ago.
Governor Ayodele Fayose disclosed this, yesterday, in Ado Ekiti. His Chief Press Secretary, Mr Idowu Adelusi, quoted the governor as saying that the Federal Ministry of Finance had communicated with state officials on the release of the money.
“I don’t want to join issues with anybody on the allocation, it is a statutory allocation for all the states, I can confirm to you here that by Tuesday next week, I will get the bank alert for the money, an official communication on the release was passed to me on Thursday,” the governor said. Ayodele Fayose
The state government and officials of the Federal Ministry of Finance had been at logger heads over the non-release of the money. The money had been paid into the account of the state, penultimate Thursday, but withdrawn a day later for reasons not disclosed. The development led to Fayose going to the headquarters of the ministry in Abuja to officially protest the action.
A statement by the ministry said the money was withheld because the state did not fulfill some obligations, a claim promptly denied by the state government. In a swift reaction, the governor , who spoke through one of his aides, Mr Lere Olayinka, said the explanation was an afterthought meant to mislead the public.
Source -Vanguard
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi
The economic crisis and hardship in Nigeria are parts of the discussion.
Watch, leave your comments, and share to create more awareness on this issue.
#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com