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FG Releases Seized Ekiti Budget Fund

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Ekiti State Governor Ayo Fayose.
  • FG Releases Seized Ekiti Budget Fund

Ekiti State Governor, Ayodele Fayose, on Saturday, said the Federal Government had released the withheld January Budget Support Fund to the state.

The governor, who did not give details of the efforts he made to secure the release, however, thanked the Minister of Finance, Mrs. Kemi Adeosun, for her efforts.

Speaking on a live programme tagged, ‘Meet Your Governor’ aired on the state-owned Ekiti Television and radio stations, Fayose promised that workers would get their salaries as soon as the money got to the state account.

Fayose had at a press briefing in Ado Ekiti on Tuesday raised the alarm that the Federal Government withdrew the money after initially paying the money.

He said the government did this in order to set the workers against his government and discredit him ahead of the 2018 governorship election in the state.

He said, “What happened behind the scene is no longer important, it is the resolution of the issue that is important. I thank the minister of finance and the CBN governor.”

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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