Edo Apc Government Financially Opaque.


May 13, 2020

 

... Where is our N21 billion?

 

According to the NEITI quarterly Review-Monthly, net FAAC Disbursement for the first quarter of 2020, Edo State received 14.91 billion Naira after deductions. We are aware that Edo State Board of Internal Revenue rakes in N2 billion monthly as internally generated revenue. If you add the N6 billion IGR for the first quarter to the FAAC allocations, it means Edo state received almost N21 billion in the first 90 days of the year 2020.

We cannot point at what this money has been used for, but it is alleged that in the same period, EDSG deducted N1.5 billion from the security vote for "security"!

Where is our money?...It just doesn't add up!!

The incoming PDP government will publish its income statement and give account of every kobo spent of Edo money to Edo people.

We will be transparent and accountable.

Under our government, you will know where our money is, and it will add up!

 _*This message is from PDP Edo State.*_