Home Features You Lied On IGR, PDP Tells Fayemi

You Lied On IGR, PDP Tells Fayemi

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The Ekiti State chapter of the Peoples Democratic Party (PDP) has alleged that former Governor Kayode Fayemi lied on the internally-generated revenue (IGR) his administration recorded between 2010 and 2014.

The party, which spoke through the State Chairman, Barrister Gboyega Oguntuase, in Ado-Ekiti yesterday, said the claim by Fayemi that he took the IGR to over N600 million monthly was not true going by documents obtained from the Federal Ministry of Finance, the Office of the Accountant General of the Federation and the National Bureau of Statistics among others.

“Records in the above offices show that in 2011, the IGR of the state was N2.5 billion which translated to about N207 million monthly. In 2012, it was N3.8 billion which meant it was an average of N306 million monthly and that was the highest figure his administration recorded.

” In 2013, it was N2.3 billion an average of N198 million monthly. In 2014, it was N3.5 billion an average of N299 million monthly. The figures for 2012 and 2014 were high because that was when they got the first and second tranche of the N25 billion they borrowed from the Capital Market.

“Let us assume without conceding that he raised it to N600 million monthly which should be about N7.2 billion in a year, then he should tell Ekiti people were the remaining funds are. For instance, in 2012, when he recorded the highest figure of N3.8 billion, it meant the sum of N3.4 billion did not reflect.

” Logically, it means that Fayemi either under declare the revenue coming to the state or that the funds have ended up in private pockets. He has many questions to answer from the good people of the state who want to know how their commonwealth is spent,” he said.

Oguntuase explained that since the administration of Governor Ayodele Fayose came on board, the IGR so far generated could also be ascertained.

“For the purpose of transparency that the PDP-led government is known for, these are the details. In 2015, we generated N3.3 billion which amounted to an average of N283 monthly. In 2016, it was N2.9 billion an average of N241 million monthly. The year was when the challenge about salary payment was high and our main source of IGR is Pay As You Earn (PAYE) which is deducted from workers salaries.

” In 2017, it increased to N3.8 billion an average of N306 million monthly. We have nothing to hide, it is Fayemi that has to tell the people of the state what he did with their money,” he added.

The Bridge

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