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There Is No Money To Rely On From Federal Allocation – Aregbesola - Politics - Nairaland

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There Is No Money To Rely On From Federal Allocation – Aregbesola by Firefire(op): 11:34am On Nov 29, 2015
BY GBENGA OLARINOYE,

OSOGBO – The Governor of Osun state, Mr Rauf Aregbesola has said that states of the federation must look inward for their survival as funds coming to them from the federation account can no longer support their development projects.

Aregbesola said with Osun’s receipt of N55 million for the month of September, the message was clear that all avenues hitherto untapped must now be examined in order to sustain development initiatives.

The Governor stated this at the commencement of the reconstruction of Orita-Olaiya-Ita-Olokan Road at Olaiya Junction to commemorate the 5th year of the Aregbesola-led government in Osun.

The project is part of the designs to ensure smooth transportation within the state capital, Osogbo.

He pointed out that money coming from the Federation Account has dipped badly hence the need for people of the state to look inward in advancing the course of the state by returning to Agriculture.

He said, “We must at this point tell ourselves the truth, there is no money coming from the federation account, 34 million barrels of Niger‎ia’s crude oil are on the sea without buyers.

“Money coming from the Federation Account has dipped seriously and our hope for survival is in our hands, what our forefathers lived on was agriculture.

“We must now go back to the farms and work. We also need to pay our taxes so that government can meet its responsibilities. For September, our state got N55.8 million. The money we received cannot pay for the power supply by IBEDC that we use at the state Secretariat‎ monthly”. The governor told people at the programme.

Advising people to adhere to town planning rules, Aregbesola also added that the issue of separating houses during road constructions and expansions could have been avoided if there had been strict adherence to town planning rules in the past.

He emphasised that his government regret and offer sincere sympathy to those that will be affected with the construction of the road which his administration is embarking on.

The Governor admonished those affected to see this as their own sacrifice of the present administration’s effort to enhance the status of our cities for better living conditions of the generality of the people.

Aregbesola stated that Mess rs RATCON Construction Company Limited will be undertaking the reconstruction of the road at the cost of N985,115,410.78 million.

He said, “The expansion of the road and the need to have a reasonable setback unfortunately meant that some buildings are already standing in the way and has to be separated. This could have been avoided if there had been strict adherence to town planning rules in the past.

“We regret this and offer sincere sympathy to those affected. They should see this as their own sacrifice in our efforts to beautify our city and develop a decent human environment. Nevertheless, we have set aside the sum of N392 million to the 127 people whose buildings were affected”.

The Governor appealed to people of the state to bear with government on the pains and discomforts associated with the road construction projects embarked upon, especially Gbongan-Akoda Road, noting that the delay was due to the unexpected financial challenges that befell the nation.

He assured that all the projects embarked on by his government will be completed before the end of the present administration.

The Managing Director, Messrs RATCON Construction, Engr. Fouad Howayek held that Aregbesola deserves commendation for the massive on-going road construction works in the state.

He noted that RATCON has been partner with Osun since the first term of Aregbesola’s administration in the area of rehabilitation and construction of road projects.

‎According to him, “This kind of unprecedented achievement recorded in the last four years is an attestation to the fact that Mr. Governor’s passion for the rapid development of the state is undisputed,” The RATCOM boss stated

Speaking earlier, the Permanent Secretary, Ministry of Works, Engr. Nurudeen Adeagbo, stressed that the dual carriage way of Olaiya-Asubiaro-Ita Olokan spanning 2.8km forms the second phase of of on-going rehabilitation of selected roads in Osogbo township.

He stated that the road could have been executed along with others in the first phase if not for the paucity of funds in the state, adding that a total of N392 million will be required to pay compensation to people whose property will be affected by the reconstruction.

‎Adeagbo said, “This road project is to be executed by Messrs RATCON Construction Company Ltd. The company that handled the completion of 21 selected Osogbo township roads totaling 26.69km and the on-going Bisi Akande trumpet road awarded at N29.22 billion”

Cc: Lalasticlala

http://www.vanguardngr.com/2015/11/there-is-no-money-to-rely-on-from-federal-allocation-aregbesola/

Re: There Is No Money To Rely On From Federal Allocation – Aregbesola by Firefire(op): 11:34am On Nov 29, 2015
I blame GEJ cheesy



This governor once said, the reason osun is broke is because Jonathan was stealing the money in abuja. Today, he can't say buhari is stealing the money in abuja anymore. Shame on Aregbesola. Liars from the pit of hell. We can begin to solve our problems by going back to the confab. Why should a nation rely on oil from only one region. Let's stop sharing and think of how to create wealth for our country. - Solomon K.


A lie gets halfway around the world before the truth has a chance to get its pants on.
- Winston Churchill

APC, the party of professional liars and career propagandist.

Re: There Is No Money To Rely On From Federal Allocation – Aregbesola by Mogidi: 11:37am On Nov 29, 2015
OSOGBO – The Governor of Osun state, Mr Rauf Aregbesola has said that states of the federation must look inward for their survival as funds coming to them from the federation account can no longer support their development projects.
Aregbesola has been saying the same thing since 2011, but yet to actualise any plan to forgo monthly allocation.

Re: There Is No Money To Rely On From Federal Allocation – Aregbesola by BlackTechnology: 11:37am On Nov 29, 2015
Firefire:
I blame GEJ embarassed
grin Yes ooooooo

I over blame Jonathan

Chai Jonathan you have killed us


Firefire which country is the petroleum minister heading to grin
Re: There Is No Money To Rely On From Federal Allocation – Aregbesola by coolhamid(m): 11:39am On Nov 29, 2015
Lol
Re: There Is No Money To Rely On From Federal Allocation – Aregbesola by Nobody: 11:42am On Nov 29, 2015
Eregbasola You must be a LieNus
Re: There Is No Money To Rely On From Federal Allocation – Aregbesola by Firefire(op): 11:48am On Nov 29, 2015
BlackTechnology:
grin Yes ooooooo

I over blame Jonathan

Chai Jonathan you have killed us


Firefire which country is the petroleum minister heading to grin
I learnt President Buhary is visiting Nigeria comes 2nd December 2015.

https://www.nairaland.com/2769368/breaking-news-president-buhari-visit#40506302
Re: There Is No Money To Rely On From Federal Allocation – Aregbesola by luvinhubby(m): 11:54am On Nov 29, 2015
The lying liars are gradually being exposed for their grand deceptions and hypocrisy.
grin grin
So it is no more GEJ that is responsible for the poor state of Osun finances? It is now that Aregbesola knows he will look inwards financially after 5 years of looking outwards at GEJ to pay salaries for him.

They are being exposed one by one.

Nigerians has been scammed big time. cheesy

Severusnape and Ezenwammadu what do think?
Re: There Is No Money To Rely On From Federal Allocation – Aregbesola by luvinhubby(m): 12:01pm On Nov 29, 2015
Firefire:
I blame GEJ cheesy



This governor once said, the reason osun is broke is because Jonathan was stealing the money in abuja. Today, he can't say buhari is stealing the money in abuja anymore. Shame on Aregbesola. Liars from the pit of hell. We can begin to solve our problems by going back to the confab. Why should a nation rely on oil from only one region. Let's stop sharing and think of how to create wealth for our country. - Solomon K.


A lie gets halfway around the world before the truth has a chance to get its pants on.
- Winston Churchill

APC, the party of professional liars and career propagandist.
Na the retired soldier Buhari, whom they called out of retirement to heap the burden of shouldering Tinubu, Oshiomhole & co lies that i dey pity.
The poor old soldier is looking badly stressed already. cheesy
Re: There Is No Money To Rely On From Federal Allocation – Aregbesola by Firefire(op): 12:02pm On Nov 29, 2015
This is a pure state of mortgaging the future of Osun State and its resultant effect.

N55 Million is the 'NET' payables, accrued to the Osun State after all debts and loan deduction (including the bailout refund), it's high time Aregbesola resigned as the governor of that state.

Re: There Is No Money To Rely On From Federal Allocation – Aregbesola by luvinhubby(m): 12:09pm On Nov 29, 2015
Firefire:
BY GBENGA OLARINOYE,

OSOGBO –

He pointed out that money coming from the Federation Account has dipped badly hence the need for people of the state to look inward in advancing the course of the state by returning to Agriculture.

He said, [b]“We must at this point tell ourselves the truth, there is no money coming from the federation account, 34 million barrels of Niger‎ia’s crude oil are on the sea without buyers.

“Money coming from the Federation Account has dipped seriously and our hope for survival is in our hands, what our forefathers lived on was agriculture.



http://www.vanguardngr.com/2015/11/there-is-no-money-to-rely-on-from-federal-allocation-aregbesola/
And the rascal just realized the bolded.
Re: There Is No Money To Rely On From Federal Allocation – Aregbesola by Mynd44(mod): 12:10pm On Nov 29, 2015

1

Grand Total Federal Allocation To States From May 2015 To June 2016Federal Allocation To States For The Month Of July 2016Federal Allocation For Lagos For January 2016234

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