Refund of 13 percent oil derivation, others expended on salaries, infrastructural projects – Akeredolu - Ondo

user_icon  Refund of 13 percent oil derivation, others expended on salaries, infrastructural projects – Akeredolu - Ondo Posted by: NOTICE.COM.NG Staff
calendar-icon  Refund of 13 percent oil derivation, others expended on salaries, infrastructural projects – Akeredolu - Ondo Posted on: 2022-12-09 07:53:34
 Refund of 13 percent oil derivation, others expended on salaries, infrastructural projects – Akeredolu - Ondo AKEREDOLU79473



Oluwarotimi Akeredolu, the Governor of Ondo State, has acknowledged receiving 13 percent in oil derivation, subsidies, and SURE-P reimbursements from the Federation Account over the past two years.

The reimbursements received by the state were used to fund capital projects and pay accrued salary arrears, As stated by a statement signed by the Governor’s Chief Press Secretary, Richard Olatunde.

The statement further distanced Akeredolu from governors allegedly stealing money from the Federation Account Allocation Committee (FAAC) intended for the Local Governments.

DO YOU KNOW >>> Niger to sanction fuel stations hoarding, selling above pump price

The statement claimed that the refunds from the federal government were wisely spent on a significant capital projects spread out throughout the state’s three senatorial districts.

“The monthly FAAC receipts are devoted to the payment of salaries and pensions as agreed by Labour Leaders at the monthly meetings presided over by the Head of Service and Chairman of Joint Negotiating Council (JNC).

"If the amount expended on these infrastructural projects and payment of salary arrears is juxtaposed with the refunds, it is crystal clear that the monies were not mismanaged in Ondo State.”

READ ALSO >>> Gov Akeredolu declares work-free day for PVC collection in Ondo

Regarding the claim that governors having been pocketing money meant for local governments, the statement said that the Akeredolu administration has never touched money intended for local governments since inception.


READ ALSO >>> Amid deadline extension, traders reject old Naira notes in Ondo

BREAKING >>> Bayern not blocking Man Utd’s Eriksen’s replacement – Transfer expert

WATCH >>> Peter Obi Net Worth 2022, Biography, Cars And Houses

WATCH >>> Download Nollywood Movie: Selina Tested (Episode 28, Endgame B) FINAL

WATCH >>> Obi Cubana and E money Net Worth 2022s & Cars - Who is richer?

LISTEN TO >>> Music Mp3: Asake - Yoga

READ ALSO >>> Adele Cars and Houses


For All Nigeria Past Questions Visit www.QUESTION.NG

Kindly share this post on different Social Media below


Tags:


COMMENTS

NOTE: User comments in this section are, as the name implies, provided by users of this website. The question.ng team is not responsible for, nor do they endorse, any of the information provided here.


NO POSTED COMMENT