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


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, according to 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.

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.”

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.

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