APC ABOUT TO LOUT 10billion NAIRA

… Says new LCDAs used as cover-up
The Peoples Democratic Party (PDP) in Ekiti State has accused the state government of using the creation of
19 Local Council Development Areas (LCDAs) as a cover-up to siphon about N10 billion from the state’s treasury. In a statement signed by its state Publicity Secretary, Pastor Kola Oluwawole, the PDP alleged that the money would be taken out of the treasury before the expiration of the tenure of the present administration on October 15, this year.

The money, according to the PDP, was part of the accumulated slashed allocations due to the 16 local government areas in the state since the coming of the outgoing All Progressives Congress (APC) administration in October 2010 and other foreign and local aids collected by the government of the state since then.

Oluwawole added that a special account was being operated in one of the first generation banks since 2010, where the money had been kept with stern instructions that under no circumstances should it be withdrawn for any purpose until the issue of the local council development areas started.

According to the PDP publicity secretary, federal allocations to the constitutionally recognised 16 local government councils for the months of August, September and October, this year had also been arranged for sharing with the council caretaker chairmen allegedly to be coerced into the arrangements for a cover-up.

But in his reaction, the state Commissioner for Information, Mr. Tayo Ekundayo, said there was no iota of truth in the claim that the government intended to siphon such money, pointing out that “such money is not available in the first place.”

Ekundayo said: “ If what they are saying is true, which I know is not true, they should wait till October 16 when this government will leave and have access to the financial records of the state.”