Aregbesola
Osun State government got only N6.23 million in federal allocation for the month of March.
It would be recalled that Osun received N56 million in September 2015, an amount Governor Rauf Aregbesola said would not be enough to pay electricity bills for the state secretariat.
He had stated that “For September, our state got N55.8 million. The money we received cannot pay for the power supply by Ibadan Electricity Distribution Company (IBEDC) that we use at the state Secretariat monthly.”
Figures released by the accountant-general of the federation, shows that the state got a gross statutory allocation of N1.677 billion for February.
However, with the removal of the N70.989 million, N945.881 million and N1.400 billion in external debt, Irrevocable Standing Payment Order (ISPO), and other debts, the state was left with a net allocation of N6.23 million.
Bayelsa, Ebonyi, Ekiti, Kwara, Gombe, Nasarawa, had a net allocation of N2.984 billion, N2.167 billion, N1.377 billion, N1.815 billion, N2.300 billion and N2.169 billion respectively.
Akwa Ibom, Delta, Lagos and Rivers state got N8.557 billion, N6.062 billion, N6.612 billion and N5.427 billion respectively.
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