The
Delta State Government has refuted the contents of a front page publication in
one of the national newspapers on June 13, 2016, which supposedly gave details
of grand total of Federation Account Allocation to States and Local Government
Councils (LGCs) from May 2015 to June 2016.
A press
release signed by the state Commissioner for Information, Mr. Patrick Ukah,
described the publication as untrue.
The
report wrongly stated that Delta State got N144, 706, 571, 893.61 from May 2015
to June 2016 instead of N88, 271, 852, 589.55 that the state actually
received.
According
to the press release, the period covered gave the impression that FAAC receipts
for June 2016 had been received by June, 13, 2016. This is incorrect because
the FAAC meeting for June 2016 which approves release of fund for the month was
held on June 21, 2016 and funds for that month were received on June 27, 2016
by Delta State Government.
The
press release revealed that the report failed to distinguish what accrued to
the State Government from what was allocated to LGCs, a separate tier of
Government. It went further to state the total figures, which ignored
deductions at source from the gross allocation, thereby giving impression that
the entire amount accrued and were released to the State.
According
to the press release, 'for the purpose of keeping the records straight, we
state that for the one-year period of the administration of His Excellency,
Senator Dr. Ifeanyi Okowa, the financial summary of FAAC receipts from June 1,
2015 to May 31, 2016 is as follows: Gross Allocation: N111, 642, 776, 745.82,
Deductions: Bonds, Foreign And Local Loans And Refunds To FAAC: (23, 370, 924,
156. 27), Net Allocation To Delta State: N88, 271, 852, 589.55, Allocation To
Local Government Councils: N28, 561, 041, 308.32'.
From
the analysis of funds allocated to Delta State for the period of June 1, 2015
to May 31, 2016, as shown above, it is obvious that Delta State got N88, 271,
852, 589.55 and not N144, 706, 571, 893.61 as contained in the report, the
press release added.
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