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This got here a day after Nairametrics revealed that Nyesom Wike, Rivers State governor disclosed that the numerous tasks he has delivered had been financed with collected 13% derivation funds, which Rivers and different Niger Delta states had been owed since 1999.
The Bayelsa State authorities acknowledged that it additionally acquired its derivation arrear funds however claims the FG underpaid the state.
This was disclosed by Douye Diri, the governor of Bayelsa in an announcement on Tuesday.
Diri said that Bayelsa had acquired funding and had been deploying identical to capital tasks, citing that Bayelsa discounted the funds.
- “For people who find themselves speaking concerning the 13% derivation funds because of the state, I need to state that for one motive or the opposite, we had been underpaid. Once we found that, we adopted the due course of from the State Government Council to the State Home of Meeting. Approvals got and the funds had been discounted.
- “I don’t play politics with this type of factor. For anyone who needs to see how we use our cash, our month-to-month transparency briefing on our monetary earnings and expenditure is on the market.”
He famous that It’s costlier to construct a one-kilometre street in Yenagoa than 4 kilometres elsewhere.
What it’s best to know
Nairametrics reported earlier that the governor of Rivers State, Nyesom Wike, defined how he managed to finance the quite a few tasks within the state presently, stating that the tasks had been financed with collected 13% derivation funds, which Rivers and different Niger Delta states had been owed since 1999.
The funds had been not too long ago launched by the presidency. He thanked President Muhammadu Buhari for approving the discharge of the funds though Rivers State is ruled by an opposition social gathering. He additionally emphasised that the cash was not from the Federation Accounts Allocation Committee (FAAC).
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