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Fayose In N252 Billion Scandal

Governor Ayodele Fayose of Ekiti State has been accused of misappropriating N252billion being the amount that accrued to the state as federal allocation and Internally Generated Revenue (IGR) under his reign by Ekiti Recovery Movement (ERM).

The group also asked him to explain the true wage bill of the state, which he claimed was N2.6 billion instead of N1.8 billion allegedly contained in all the documents from the office of the Accountant General of the State.

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The group’s coordinator, Mr Olalekan Soyombo, 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.”

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“This equals N77.4b only for 43 months. When you subtract the wage bill from the allocation and add to IGR, the state is left with N173.7billion. 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.”