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Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund - Politics - Nairaland

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Ifeanyi Uba's Diversion of N11bn Fuel Is Punishable By Death -DSS / Breakdown Of $6.9billion Paris Club Refund To 36 States, FCT (snapshots) / Fayose Allegedly Diverts N8.877bn Paris Club Refund, Fails To Pay 8 Months Salar (2) (3) (4)

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Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by sarrki(m): 5:24am On Jan 07, 2017
•Fayose

Ekiti State governor, Ayodele Fayose, may have run into fresh trouble with the Federal Government after it was found that he collected the sum of N8.877 billion from the N388.304 billion released to 35 states as refunds from over-deductions on London-Paris Club loans but only paid one out of the eight-month salary arrears he owed workers in the state.

Fayose was also said to have paid a curious 13th month salary as bonus while the arrears of seven-month salaries owed the workers were left unpaid.

A reliable source in the Presidency, who spoke in confidence with one of our correspondents yesterday, said President Muhammadu Buhari has lived up to his pledge to ease salary crises in all the states by releasing N388.304 billion to 35 states but many of the states failed to abide by the agreement they had with the President that they would give preference to settling arrears of workers’ salaries.

The Presidency source said: “The agreement between the Federal Government and the state governors was very clear.

“While 50 per cent of the amount released was to be used to offset outstanding salary and pension arrears, the remaining 50 per cent would be used for the payment of other obligations.

“Some governors have however reneged on this agreement.

“Security reports available to the Presidency showed that Governor Ayodele Fayose paid only one month out of eight-month salary arrears.

“The same governor went ahead to pay a curious 13-month salary to Ekiti workers. Yet, he got N8.877 billion refund.

“Instead of accounting for what he used the loan refund for, he has the temerity to attack the Federal Government on hardship in the country.

“The relevant agencies are monitoring development in Ekiti and some states.”

Reacting to the allegation on the telephone yesterday, Ekiti State Commissioner for Finance, Toyin Ojo, admitted that the state got N8.8 billion from the Paris Club refunds.

But he said that the state’s share of the money was only N5.3 billion, which he said could barely pay one month out of the arrears of salaries owed the civil servants in the state.

According to him, the wage bill for a month stands at N5.2 billion.

He also said that workers in the local government sector could only get one month from the arrears of salaries owed them.

The Federal Government had released the sum of N388.304 billion out of N522.74 billion

to 35 states as refunds of over-deductions on London-Paris Club loans.

Topping the list of states with the hugest reimbursements are states controlled by the opposition Peoples Democratic Party (PDP), contrary to their claims that they were being financially oppressed by the administration of President Muhammadu Buhari.

The biggest earners include Akwa Ibom, Bayelsa, Rivers, Delta, Katsina, Kaduna, Lagos, Imo, Jigawa, Borno, Niger, Bauchi and Benue states.

But the reimbursement profile has shown that some governors fed their states with wrong figures of the sums given to them.

Investigation conducted by our correspondent revealed that 35 of the 36 states benefitted from the refunds of N388.304 billion.

Although most of the governors have begged the Minister of Finance, Mrs. Kemi Adeosun, not to make the list of reimbursements public, The Nation was able to source the breakdown of the reimbursements exclusively.

The document indicated that all the 35 states were credited with their shares of the N388.304 billion as at December 27, 2016.

Our correspondent obtained the names of the bank, the account and the account numbers where each state’s share was remitted.

Only Kano State and the FCT have so far not benefitted from the reimbursements.

According to the list, Kwara State got two types of refund totaling more than N9.188 billion.

Kwara’s shares include N5,415,167,236.97 refund to the state government and N3,773,082,953.54 for its 16 local government areas.

Findings also confirmed that Ondo was only paid 50 per cent of its refunds (N6,513,392,932.28) because of leadership change in the state, which will soon lead to the inauguration of Chief Rotimi Akeredolu as the new governor.

A breakdown of the list of top beneficiaries of the refunds is as follows: Akwa Ibom, N14,500,000,000.00;  Bayelsa, N14,500,000,000.00;  Delta, N14,500,000,000.00; Kastina, N14,500,000,000.00; Lagos, N14,500,000,000.00;  Rivers, N14,500,000,000.00; Kaduna, N14,362,416,363.24; Borno, N13,654,138,849.49; Bauchi, N12,792,664,403.93; Benue, N12,749,689,453.61; Sokoto, N11,980,499,096.97; Osun, N11,744,237,793.56; Anambra, N11,386,281,466.35; Edo, N11,329,495,462.04; Cross River, N11,300,139,741.28; Kogi, N11,211,573,328.19 and Kebbi, N11,118,149,054.10.

The document said: “Ondo payment represents 50 per cent of the refund due to transition of leadership in the state. Further instructions are being awaited on balance payment.

“Adamawa, Kwara 22b on the list, Oyo and Taraba payments represent the portions due to the respective local governments.”

But the Presidency was uncomfortable with the attitude of some state governors to the management of the refunds.

Responding to a question, another source in government said: “It is unfortunate that some state governors under-declared the refunds made to them.

“Some of them were also discovered to be giving spurious analysis in order to cover up the actual figures.

“In fact, some states changed the agreement overnight.

“A state said the President asked states to use at least 25 per cent of their London and Paris Club refund to offset salary arrears.”

Investigation showed that about N134.44 billion out of the approved N522.74 billion will soon be paid as refunds to some states.

The top government source added: “Yes, as at December 27, 2016, all the 35 states had received the N388.3 billion refunds. The balance of N134.44 billion will soon be accessed.”

Following protests by states against over-deductions for external debt service between 1995 and 2002, President Muhammed Buhari had on December 2, 2016 approved the release of N522.74 billion to states as refunds pending reconciliation of records.

Each state is entitled to a cap of N14.5 billion being 25 per cent of the amounts claimed.

But the government has raised a team to scrutinise claims by states and reconcile with available records.

These developments were contained in a statement issued in Abuja by the Special Adviser on Media to the Minister of Finance, Mr. Festus Akanbi.

The statement said: “The Federal Government has reached a conditional agreement to pay 25% of the amounts claimed subject to a cap of N14.5 billion to any given state. Balances due thereafter will be revisited when fiscal conditions improve.

“Mr. President’s overriding concern is for the welfare of the Nigerian people, considering the fact that many states are owing salaries and pension, causing considerable hardship.

“Therefore, to ensure compliance with the directive that a minimum of 50% of any amount disbursed is dedicated to this, funds will be credited to an auditable account from which payments to individual creditors would be made. Where possible, such payments would be made to BVN linked accounts and verified.”

But any state paid refunds in excess of its outstanding claims might suffer deduction from its monthly allocations from the Federation Account.

It said: “Due to the fact that reconciliation is still ongoing and the final outcome might show an under or overstatement of claims, an undertaken has been signed by state governors, declaring that in the event the amount already paid exceeds the verified claim, the surplus would be deducted directly from the state’s monthly FAAC allocations.

“The total amount approved by the President is N522.74 billion and is to be paid in batches. The first batch of N153.01 billion is currently being processed for release to 14 state governments.

“The release of these funds is intended to support the fiscal stimulus programme of the President Muhammadu Buhari-led administration to provide direct stimulus through government spending. It is particularly aimed at boosting demand at consumer level and reversing the slowdown in economic activity.





http://thenationonlineng.net/fayose-fresh-trouble-alleged-diversion-n8-877bn-paris-club-refund/

4 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by madridguy(m): 5:25am On Jan 07, 2017
Immunity is cancerous.

34 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by Nobody: 5:29am On Jan 07, 2017
grin grin grin grin
Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by Nobody: 5:37am On Jan 07, 2017
grin
Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by joa2013: 5:45am On Jan 07, 2017
Fayose: one day, one trouble.

24 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by Kingxway: 5:49am On Jan 07, 2017
Is it only me that notice that this Fayose of a man looks damn funny, so are his words.

There's no people week you don't read of his bla, bla.

He doesn't care who loves or hates him. Says his mind not minding who is listening or not.



I laugh each time I hear about this man and his funny look

Crazy governor grin grin grin grin

30 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by sarrki(m): 5:50am On Jan 07, 2017
I don't blame him

We are reflection of our leaders

Ekiti people love him

That's dividend of democracy

Let them enjoy it

26 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by azimibraun: 5:55am On Jan 07, 2017
It is very possible for the Presidency to hold down this monies and most the Governors will get mad and go to court which will take a while to give a ruling and then monies will be forcefully paid after so much damages have been done. It didn't do that but paid the state governments with instructions that 50% should clear all outstanding salaries. Mind us this monies were not budgeted for by the states; it's just unexpected gift from heaven. I am waiting for the first Governor that will come out to say this are exactly what I achieved with this Paris club refund. I know I wll wait forever. I know for sure that 11billlion for Kogi is gone, Delta wll not do a danm thing with 14billion the same as Bayelsa. Anambra, Kebbi, Katsina, Ogun and Lagos may just be the only 5 states that will show some achievements with it.

36 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by Rednaxelot: 6:01am On Jan 07, 2017
Ekiti State governor, Ayodele Fayose, may have run into fresh trouble with the Federal Government after it was found that he collected the sum of N8.877 billion from the N388.304 billion released to 35 states as refunds from over-deductions on London-Paris Club loans but only paid one out of the eight-month salary arrears he owed workers in the state.
see how dem coin the news as if na only Fayose dey guilty of the crime.

What about other Governors, Aregbesola et al?
How many of them abided by the condition stated?

13 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by Atiku2019: 6:01am On Jan 07, 2017
Klelptomaniac Governors cry

4 Likes

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by sarrki(m): 6:05am On Jan 07, 2017
Rednaxelot:
see how dem coin the news as if na only Fayose dey guilty of the crime.

What about other Governors, Aregbesola et al?
How many of them abided by the condition stated?


Everything is not politics.
Are you resident in ekiti? , Do you work in Ekiti?
Salaries arrears are not paid you are comparing him with another governor that is not owing salary

43 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by agabusta: 6:32am On Jan 07, 2017
Rednaxelot:
see how dem coin the news as if na only Fayose dey guilty of the crime.

What about other Governors, Aregbesola et al?
How many of them abided by the condition stated?

Did the news of Arebgesola clearing all backlogs of salaries not grace the frontpage??

If Arebgesola has utilised the funds for what the presidency advised, then there will not be unnecessary searchlight on him.

Fayose got same funds and he is still reluctant to pay backlogs of workers salaries.

Imagine his commissioner for Finance claiming Ekiti wage bill is 5billion. How possible is that?? Ekiti that receives 2b from FAAC as monthly allocation is having a monthly wage bill of 5billion.

Let Fayose do the right thing, and he will be praised for it. When Fayemi handed over to him, Fayemi was only owing 2 months and Fayose publicised it to the whole world. Now same Fayose is owing a record 8 months! And he is still reluctant in using available funds to offset the monies owed workers.

Infact Fayemi would have even cleared the 2 months before he left if not for Fayose that went to the banks not to grant the state govt over draft, and the vindictive PDP led FG govt, which prioritised payments to only PDP states.

56 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by checkolatunji: 6:34am On Jan 07, 2017
Rednaxelot:
see how dem coin the news as if na only Fayose dey guilty of the crime.

What about other Governors, Aregbesola et al?
How many of them abided by the condition stated?


Hey Niccur be informed that Aregbesola don pay outstanding gbese

36 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by sarrki(m): 6:39am On Jan 07, 2017
agabusta:


Did the news of Arebgesola clearing all backlogs of salaries not grace the frontpage??

If Arebgesola has utilised the funds for what the presidency advised, then there will not be unnecessary searchlight on him.

Fayose got same funds and he is still reluctant to pay backlogs of workers salaries.

Imagine his commissioner for Finance claiming Ekiti wage bill is 5billion. How possible is that?? Ekiti that receives 2b from FAAC as monthly allocation is having a monthly wage bill of 5billion.

Let Fayose do the right thing, and he will be praised for it. When Fayemi handed over to him, Fayemi was only owing 2 months and Fayose publicised it to the whole world. Now same Fayose is owing a record 8 months! And he is still reluctant in using available funds to offset the monies owed workers.

Infact Fayemi would have even cleared the 2 months before he left if not for Fayose that went to the banks not to grant the state govt over draft, and the vindictive PDP led FG govt, which prioritised payments to only PDP states.


God bless you bro

Ekiti

In Ekiti State for example, the IGR for March was N302m. The total IGR for the state in 2015, according to the National Bureau of Statistics, was N3.2bn. The state government has put the wage bill at N2.6bn monthly.

The Nigeria Labour Congress in the state had, however, disputed the claim of the state government that the wage bill was N2.6b monthly.

https://www.google.com.ng/amp/punchng.com/civil-servants-likely-forfeit-salary-arrears/amp/?client=ms-android-samsung

15 Likes

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by agabusta: 6:45am On Jan 07, 2017
sarrki:



God bless you bro

Ekiti

In Ekiti State for example, the IGR for March was N302m. The total IGR for the state in 2015, according to the National Bureau of Statistics, was N3.2bn. The state government has put the wage bill at N2.6bn monthly.

The Nigeria Labour Congress in the state had, however, disputed the claim of the state government that the wage bill was N2.6b monthly.

https://www.google.com.ng/amp/punchng.com/civil-servants-likely-forfeit-salary-arrears/amp/?client=ms-android-samsung

Thank you sir. So the state govt has even in time past stated that the monthly wage bill was 2.6b. Then how come the Commissioner for Finance is stating again that the bill is now 5b monthly.

Has Fayose added ghosts to the workforce??

I don't trust him at all. Infact, given his antecedents for propanganda, he can on his own add ghosts to the workforce and then claim it was Fayemi that did it. Fayose the drama king.

18 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by dunkem21(m): 6:48am On Jan 07, 2017
Fayose, my role model cheesy ..Just like other troubles he has scaled, he will jump and pass this one as usual cheesy

3 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by sarrki(m): 6:49am On Jan 07, 2017
agabusta:


Thank you sir. So the state govt has even in time past stated that the monthly wage bill was 2.6b. Then how come the Commissioner for Finance is stating again that the bill is now 5b monthly.

Has Fayose added ghosts to the workforce??

I don't trust him at all. Infact, given his antecedents for propanganda, he can on his own add ghosts to the workforce and then claim it was Fayemi that did it. Fayose the drama king.

Nothing is impossible with fayose my brother! !!!

6 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by sarrki(m): 6:50am On Jan 07, 2017
dunkem21:
Fayose, my role model cheesy

Morning brother

You mean he's your role model?

I don't think you have one then

28 Likes 2 Shares

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by dunkem21(m): 6:51am On Jan 07, 2017
sarrki:


Morning brother

You mean he's your role model?

I don't think you have one then


You heard it right ..He is my role model! cheesy

1 Like 2 Shares

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by Aristo3146(m): 6:53am On Jan 07, 2017
I dont know the basis use in allocating all these funds to states, there is no justification to allocating 14b naira to a state like Akwa Ibom with 31 LGAs and allocating the same 14b naira to Bayelsa with just 8 LGAs. Back to FayoSHAME, on two occasions, he denied federal government access to auditing ekiti state finance (first was when they discovered he mismanaged the bail out funds),he dubiously quoting sections in the constitution as regard state autonomy, God is watching...wailers will soon shout wizard hunting when FG decides to explore other means to put him were he rightfully belong...i remember people were calling PMB tyrant and Cat hunting when he decided to cleanse the judiciary...one thing people dont know is federal government has alot of options...

18 Likes

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by Aristo3146(m): 6:58am On Jan 07, 2017
agabusta:


Thank you sir. So the state govt has even in time past stated that the monthly wage bill was 2.6b. Then how come the Commissioner for Finance is stating again that the bill is now 5b monthly.

Has Fayose added ghosts to the workforce??

I don't trust him at all. Infact, given his antecedents for propanganda, he can on his own add ghosts to the workforce and then claim it was Fayemi that did it. Fayose the drama king.
Thats one of the reasons he refused FG access to audit state finances when they discover he mismanaged the bailout funds...

11 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by cyberguy72(m): 7:01am On Jan 07, 2017
Rednaxelot:
see how dem coin the news as if na only Fayose dey guilty of the crime.

What about other Governors, Aregbesola et al?
How many of them abided by the condition stated?
No mind dem zombies. Okorocha is even the biggest culprit..........so much for fighting kwaruption

2 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by Anago5000: 7:01am On Jan 07, 2017
sarrki:



Everything is not politics.
Are you resident in ekiti? , Do you work in Ekiti?
Salaries arrears are not paid you are comparing him with another governor that is not owing salary

mr man.do you have a life outside nairaland? you need to get ur self occupied with something useful for ur future sake and ur children.leave politics for politcians .am only saying this because you always take this APC PDP fight personal .this people dont care about you.dont tell me about you being a patriot cos patriotism doesnt work here.no offence meant

3 Likes 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by greatiyk4u(m): 7:31am On Jan 07, 2017
Rednaxelot:
see how dem coin the news as if na only Fayose dey guilty of the crime.

What about other Governors, Aregbesola et al?
How many of them abided by the condition stated?


Does that in any way exonerate Fayose from being a culprit if the news is true?

Why won't they do as it pleases them when they have many like u celebrating their rudity

8 Likes 2 Shares

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by Aburi001: 7:42am On Jan 07, 2017
joa2013:
Fayose: one day, one trouble.
His immunity will soon be over. Nothing last forever!

5 Likes

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by thunder74(m): 7:43am On Jan 07, 2017
sarrki:



Everything is not politics.
Are you resident in ekiti? , Do you work in Ekiti?
Salaries arrears are not paid you are comparing him with another governor that is not owing salary

I read the report and if the condition is to use 50% to pay salary then Gov Fayose has not breached the agreement.
May be you missed this from the news
Reacting to the allegation on the telephone yesterday, Ekiti State Commissioner for Finance, Toyin Ojo, admitted that the state got N8.8 billion from the Paris Club refunds.

But he said that the state’s share of the money was only N5.3 billion, which he said could barely pay one month out of the arrears of salaries owed the civil servants in the state.

According to him, the wage bill for a month stands at N5.2 billion.


Therefore, if the state's share of the money is N5.3B and monthly wages is NN5.2B, do the mathematics sir.
Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by Pavore9: 7:45am On Jan 07, 2017
These governors and their fraudulent ways.
Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by heykims(m): 7:47am On Jan 07, 2017
Hmm
Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by godoluwa(m): 7:47am On Jan 07, 2017
I dont knw when some Nigerian youths go get sense!

Politicians are there looting our common wealth while you are on social media ranting that you are a patriot just because dem dey pay u peanut every month

Ti e ti ta pau if u dnt knw

1 Like

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by Nobody: 7:47am On Jan 07, 2017
Lol! Na President go tell governor how to spend the state money.

OK

Who tells the President how to spend the nations money ?

Hahaha

Nonsense

1 Like 1 Share

Re: Fayose In Fresh Trouble For Alleged Diversion Of N8.877bn Paris Club Refund by Goldenheart(m): 7:49am On Jan 07, 2017
They would ve taken his head.....

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