Niger State government has debunked the claim that it received N500 billion since June 2015 to date but stated that N263 billion was received from June 2015 up to September 2018.
This position of the government under governor Abubakar Sani Bello was sequel to the claim by the Niger State Peoples Democratic Party (PDP), Governorship candidate, Umaru Nasko that the administration has collected N500 billion as accrued fund since inception of the government .
The state commissioner of Finance, Alhaji Zakeri Abubakar at a news conference on the details of the recipe and expenditure of the government since it came in 2015 June, also disclosed that the debt profile of the state stood at N59 billion contrary to the claim of N100 billion debts profile.
Alhaji Abubakar stated that the funds accrued to the state was made up of N131 billion statutory allocation from federation account, N33 billion from the Value Added Tax (VAT) N18.6 billion, from Internally Generated Revenue (IGR) as well as other inflows of Paris club refund of N27 billion released in three trenches, bailout of N8 billion released two trenches, excess crude account borrowing of N10 billion and budget support of N16.4 billion totaling N79.7 billion.
According to him of the total amount received N90 billion was expended on Capital Investment, making up of the 32 per cent of the total receipts, even as 31 per cent total receipt went to salary and pension payment, as well as 34.9 per cent for other overhead costs.
On the claim by the Umaru Nasko campaign group, the state received N500 billion from 2015 to date, the commissioner of Finance said, “There is no N500 billion in Niger State, but between 2015 June to September 2018, N263 billion was accrued to the state from various sources, so I am refuting that claim unequivocally.”
He stated that when the administration came into power, the expectations were high, amidst various challenges, as such the state adopted both short term and long term measures to revive the state economically and remained solvent as a government.
Consequently, he said the government adopted Treasury Single Account (TSA) strategy to improve internally generated revenue, conducted staff audit to reduce ghost workers as well as adopting various accounting standards to block leakages in line with best practices.
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