N252bn Ekiti fund: Allegations against me can’t stand – Fayose

The Ekiti state government has described the allegation that Governor Ayodele Fayose, mismanaged about N251.99bn belonging to the state as unfounded and spurious.

A political pressure group, under the aegis of Ekiti Recovery Movement(ERM), had asked Mr Ayodele Fayose to account for how he spent a whopping sum of N251.99b being the amount that accrued to the state as federal allocation and Internally Generated Revenue (IGR) under his reign.
However, in reaction to the demand, the Ekiti state Commissioner for Information, Mr. Lanre Ogunsuyi, said at a press conference in Ado-Ekiti that at no time did the government receive N3 billion as monthly allocation since Fayose assumed office.

He maintained that government didn’t get as much as they claimed.
His words: “Even at a time, we were getting as low as N1.5 billion when the wage bill was undulating between N2.5 and N2.7 billion. That is why we are paying in arrears.
“It is worrisome that the government has been spending over 90 per cent of the allocation on payment of salaries and pensions and the fact that the allocations were too paltry accounted for why we have been unable to pay up”.

On the State IGR, Ogunsuyi said: “Government has not been running any secret account. How do you think Governor Fayose has been able to construct the flyover, did dualisation in eleven councils and tarred roads in some towns even when allocation was not enough to pay salaries?
“The governor was able to do all this through efficient and prudent management of our resources, I mean the ones we got internally and those from the federation account”, he stated.