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Allocations Deductions: PDP Warns Osun Against Blackmailing FG - Politics - Nairaland

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Allocations Deductions: PDP Warns Osun Against Blackmailing FG by TeaParty(op): 7:36pm On Dec 29, 2014
The Peoples Democratic Party has cautioned the Osun State Government against blackmailing the Federal Government over the deductions from the monthly federal allocation accruing to the state.

The Chairman of the PDP in Osun State, Alhaji Gani Olaoluwa, in a statement made available to our correspondent in Osogbo on Monday described the claim of the Osun State Government that the PDP-led FG was starving the state of fund because of the the defeat suffered by the PDP candidate during the governorship election recently held in the state.

Olaoluwa said that the APC government in the state had borrowed so much and the huge amount of money being deducted from the allocation was causing financial hardship in the state.

According to him, this huge indebtedness is responsible for the inability of the state government to pay workers for three months.

He said, ” A sum of N3.4billion was released to Osun State while consensual deductions of N945millon which the Federal Government was made the guarantor by Osun State was deducted.

“Also, a total of N116milion was deducted for water projects and Fadama loans incurred by Osun state government leaving the state government with N2.3biillion. First Bank which the state government had taken loans from deducted its share, so where lies the fault of the Federal Government? Was it the Federal government that collected loans or will the APC government not repay it’s loans?

http://www.punchng.com/news/allocations-deductions-pdp-warns-osun-against-blackmailing-fg/
Re: Allocations Deductions: PDP Warns Osun Against Blackmailing FG by myola(m): 3:45am On Dec 30, 2014
shey no be say my people in osun don entered one chance so
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