Offa Chairman laments dwindling revenue from FAAC

Date: 2015-03-22

The Chairman of Offa Local Government, Prince Segun Abdulwaheed Olanipekun has decried the dwindling revenue from the Federation Account since September 2013 that he assumed office.

Olanipekun stated this, in an interview with The Herald On Sunday revealing that as at September 2013, the federal allocation received was N2,011,396,683.29 compared to what was received in February 2015 which amounted to N1,536,237,282.00, leaving a difference of N485,159,401.29.

The same scenario he revealed continued with further reduction in February 2015 to N1,465,404,850.63, making a difference of N60,832,431.30, and stressed that a reduction of over N60,000,000 between one month has drastically affected development at the grassroots which has also resulted in the inability to pay salaries and enhance development at the local government level.

"It is worrisome that the Federal Government has ascribed the dwindling revenue to stolen crude oil, which means that the PDP led Federal Government has failed in its responsibilities of managing Nigerian resources", he added.

Olanipekun urged the people to vote out the PDP led government which is not only malfunctioning but has also stagnated development of the grassroots.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Balogin Alanamu     Ibrahim Jawondo     Makama Of Kaiama     Shaykh Luqman Jimoh     Shuaib Abdulkadir     Council Of The Wise     Wale Oladepo     AGM Professional Services     UNILORIN Alumni     Quran     Yahaya Abdulkareem Babaita     Ridwan Agboola     Sa\'adu Salahu     Adewuyi Funmilayo     Abdullahi Biffo     Forgo Battery     TIC     SAPZ Project     United Nigeria Congress Party     Ilorin Airport     All Confederation Of Principals Of Secondary Schools     Senior Staff Union Of Colleges Of Education     Metro Park     Gani Saadu     Mohammed Kamaludeen     Dar-Al-Handasah Consultants     Shola Odetundun     Yekeen Alabi     Alabi Lawal     Lucky Omoluwa     Ganiyu Abolarin     Saka Onimago     Col. Ibrahim Taiwo     Yusuf Abdulkadir     Raymond Olaitan     Umar Saro     Moshood Mustapha     Saliu Shola Taofeek     Suleiman Mora Omar     HAMFAT Clinic And Maternity     Kwha.gov.ng     Lafiagi     Okin Malt     Bamidele Aluko     Moremi High School     Lawal Olohungbebe     Prince Mahe Abdulkadir     Mohammed Lawal     Mamman Saba Jibril     Nigerian Medical Association     Saidu Kawu     Saliu Oluwole     Aisha Ahman Pategi     Ekiti     Busari Toyin Isiaka     Florence Saraki     Olaoye B. Felix     Plat Technologies Limited     Third Estate     Hamidat Sulyman-Yusuf     Y.A. Abdulkareem     Tuesday Assayomo     Suleiman Abubakar     Saka Adeyemo     Biliaminu Aliu     Na\'Allah     Abdulrauf Aliyu     Lanre Issa-Onilu     Oja-Oba     Joseph Daudu     Ayoade Akinnibosun     Awoye     Kisira     Otuka     Yusuf Aiyedun     New Naira Notes     Sarafadeen Kayode Akorede    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Aisha Ahman-Pategi     Kwara State Fire Service     Sulu Babaita Isiaka     LEAH Charity Foundation     Bello Abubakar     Sango-UITH Road     Colleges Of Education Academic Staff Union     Saliu Mustapha     Transition Implementation Committee     Olusola Saraki     Bayer Nigeria Limited     Olusin Of Ijara Isin     Adekunle David Dunmade     Air Peace     Gobirawa     Usman Rifun     Fatai Adeniyi Garba     AbdulGaniyu Kareem     Ahmed Mohammed Rifun     Yusuf Mubarak     Gbemisola Saraki     Ayobami Seriki     Opobiyi     Sheriff Shagaya     SSA Youth Engagement     Umar Adelodun     Abdulfatah Ahmed     Danladi     Code Of Conduct Bureau     John Mayokun Dada     Nigerian Army     Isapa     Sheikh Ridhwanullah     Ganiyu Abolarin     AbdulRahman Saad     Eghe Igbinehi     Adesoye College     Adamu Jemilat-Baki     Yaman     Toyin Abdullahi     Adisa Logun     Federal Polytechnic Offa     Gobir     Rafiu Ibrahim     Earlyon Technologies     Amasa     Sa\'adu Salau     Federal Neuro-Psychiatric Hospital     ER-KANG Mining Nigeria Company Limited     Ibrahim Agboola Gambari     Iyaloja-General     Council Of The Wise     Isiaka AbdulRazaq     Akande Idowu Ayoola Muhammed     Awili Pedro     Atiku     Sardauna Of Ilorin     Shoprite     Gbenga Olawepo     Damilola Yusuf     Yakubu Mohammed Abdullahi     Abubakar Imam     Sunday Popo-Ola     Agbarere     Local Government     Ubandoma     Florence Saraki     Salami Adekunle     HYPPADEC     Raji AbdulRasaq     Toyosi Thomas     Emir Of Kano     11th Galadima     Bello Bature     Ganmo Electricity Sub-Station     Sulyman Atolagbe Alege     Jeunkunu-Malete-Bani