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PDP asks Fayemi to account for N16.7b revenue

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Kayode Fayemi


Ex-gov faults successor’s claim on Paris Club loan refunds
The Peoples Democratic Party (PDP) has asked former Governor Kayode Fayemi to account for N16.7 billion, being the Internally Generated Revenue (IGR), which he allegedly made from 2010 to 2014.

The PDP state Chairman, Gboyega Oguntuase, who made the call yesterday in Ado-Ekiti, said the explanation became necessary following Fayemi’s claim that his administration generated an average of N600 million monthly.

According to the PDP chairman, the implication was that Fayemi’s administration generated N7.2 billion yearly.He added that the figures that his administration gave to the National Bureau of Statistics, the Federal Ministry of Finance, the Office of the Accountant General of the Federation among others, did not however, tally with Fayemi’s claim.The chairman said: “Records in the above offices showed that in 2011, the IGR of the state was N2.5 billion, which translated to about N207 million monthly.

This, according to his claim, leaves a balance of N4.7 billion.He urged Fayemi to tell Ekiti people where the remaining funds are, since he claimed that he raised the state’s IGR to N600 million monthly, amounting to about N7.2 billion in a year.“The total balance yet to be accounted for, going by Fayemi’s claim, is N16.7 billion in four years,” he said. Oguntuase explained that Governor Ayodele Fayose’s administration has displayed transparency since its inception, unlike the All Progressives Congress APC).

He said: “In 2015, Fayose’s administration “generated N3.3 billion, which amounted to an average of N283 monthly. In 2016, it was N2.9 billion, at an average of N241 million monthly.” Oguntuase said the PDP has nothing to hide, explaining that the state’s revenue further increased to N3.8 billion in 2017, at an average of N306 million monthly. Meanwhile, the Kayode Fayemi Campaign Organisation has debunked Fayose’s claim that the Federal Government was deliberately delaying the disbursement of Paris Club loan refunds to starve Ekiti.

The Director of Media and Publicity of the Kayode Fayemi Campaign Organisation, Wole Olujobi, said this in a statement.He faulted Fayose’s claim that the Federal Government was deliberately delaying the Paris Club refunds to make it impossible for the governor to pay outstanding workers’ salaries.He urged the governor to disclose the state’s IGR profile that he has allegedly kept in secret bank accounts.

Olujobi stressed that Ekiti people and workers in particular, had become wiser after discovering that Fayose has been “unconscionably running the state like a buka, where accountability is zero.He said: “This is a cheap blackmail and characteristic propaganda by Fayose, who has taken Ekiti people for fools.”


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Kayode Fayemi
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