₦airaland Forum

ABIA EARNED AN UNPRECEDENTED N161BN FROM FAAC ALLOCATIONS, IGR & CAPITAL RECEIPTS IN 11 MONTHS

Please find below, Abia's earnings under Governor Alex C. Otti from May 2023 to March 2024. Note that May 2023 Allocations were paid in June 2023. The last month allocation is always paid in the current month.

1. State Revenue (excluding loans) = N108.64bn
2. LGA Revenue (Excluding IGR, Capital Receipts & loans)= 52.08BN

Total Inflow excluding loans, LG IGR & Capital Receipt = N160.71bn (Abia Budget Implementation Reports Q3 2023 to Q1 2024, & Office of AGF of Nigeria).

3. Governor Ikpeazu left him about N3.5bn in the bank (KPMG Report).

4. There are also $50m RAMP loan, N116bn AFDB loan, $125m Islamic Development Bank Loan, which the Government, is either accessing or can access.

No Abia Governor has enjoyed this abundance of resources ever.

The big question remains what Governor Alex C. Otti is doing with the state & LGA Revenues.

yarimo

Never again will PDP smell abia government house again , if you like yan from now till tomorrow nothing nothing

Is that for you to decide ?!

Someone is question what an elected governor does with revenue accruing to the state, an irritational clown like you is lamenting PDP will never be governor in the state ?! How is that related to to rubbish you are spewing ?

Adiola:
Never again will PDP smell abia government house again , if you like yan from now till tomorrow nothing nothing

PDP youth looters talking out from hunger and starvation.


Alex otti has come to stay

PDP returning to Abia State will be the day Jesus will come to earth.

aguluobi:
Is that for you to decide ?!

Someone is question what an elected governor does with revenue accruing to the state, an irritational clown like you is lamenting PDP will never be governor in the state ?! How is that related to to rubbish you are spewing ?

go and look for something doing no more free abia money , you will never smell that free largess again , never ever will you hungry f*ols smell it again

aguluobi:
Is that for you to decide ?!

Someone is question what an elected governor does with revenue accruing to the state, an irritational clown like you is lamenting PDP will never be governor in the state ?! How is that related to to rubbish you are spewing ?

where is our airport

Show us the airport you looters constructed with 10 billion naira.

Animals.

Dubetex96:
PDP youth looters talking out from hunger and starvation.


Alex otti has come to stay

PDP returning to Abia State will be the day Jesus will come to earth.

Hahahaa! But you know that Jesus is coming very soon!!!

ALEX OTTI only mission as governor is to defraud Abia state

yarimo:
ALEX OTTI only mission as governor is to defraud Abia state

you are always bringing baseless issues concerning the East.

Parasite ass hole

MyX1:
ABIA EARNED AN UNPRECEDENTED N161BN FROM FAAC ALLOCATIONS, IGR & CAPITAL RECEIPTS IN 11 MONTHS

Please find below, Abia's earnings under Governor Alex C. Otti from May 2023 to March 2024. Note that May 2023 Allocations were paid in June 2023. The last month allocation is always paid in the current month.

1. State Revenue (excluding loans) = N108.64bn
2. LGA Revenue (Excluding IGR, Capital Receipts & loans)= 52.08BN

Total Inflow excluding loans, LG IGR & Capital Receipt = N160.71bn (Abia Budget Implementation Reports Q3 2023 to Q1 2024, & Office of AGF of Nigeria).

3. Governor Ikpeazu left him about N3.5bn in the bank (KPMG Report).

4. There are also $50m RAMP loan, N116bn AFDB loan, $125m Islamic Development Bank Loan, which the Government, is either accessing or can access.

No Abia Governor has enjoyed this abundance of resources ever.

The big question remains what Governor Alex C. Otti is doing with the state & LGA Revenues.

Una go complain tire. Alex Otti will be there for 8 years and there is nothing you can do about it. PDP will never smell Abia state money!!!

Corruption is fighting back.

Dubetex96:
PDP youth looters talking out from hunger and starvation.


Alex otti has come to stay

PDP returning to Abia State will be the day Jesus will come to earth.

You really thing you were responding to a PDP supporter? You haven't seen the pattern, don't you? APC ediots have been tasked with demarketing Otti for two things to happen. One is for him to be emotionally manipulated into joining their evil party for 2027 or two, to completely demarket him before Abians to pave way for their candidate in 2027 because they are allergic to good governance. Don't fall for APC manipulations. Simply ignore them and see them be frustrated and start eating each other.