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Shortfall in Fed. Allocation: Abiodun Bails Out LGs in Ogun

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The Prince Dapo Abiodun-led government in Ogun State has risen to the rescue of the 20 Local Governments in the state, following the shortage of N450,356,742.66 arising from first-line charges in the Federal Allocation for last month.

Commissioner for Local Government and Chieftaincy Affairs, Hon. Afolabi Afuape, who disclosed this, said the state government would make provision for funds as a bail out, just as he announced the approval of another N550 million for the execution of additional projects in the LG areas.

Speaking at the March 2022 Joint Account Allocation Committee meeting, held at the Oba’s Conference Hall, Oke-Mosan, Abeokuta, the commissioner noted that such a shortage was experienced in February.

Afuape

The government, he added, would continue to give necessary support to the LG councils to enable them to perform their statutory functions at the grassroots.

Giving a summary of the allocation, the Commissioner for Finance and Chief Economic Adviser to the Governor, Mr. Dapo Okuboyejo, who was represented by the Director, Treasury, Office of the Accountant-General, Mrs. Adunola Adebayo, said a total of N3,059,172,835.12 was allocated for March.

He disclosed that the total first-line charges disbursed to the 20 LGs were N4,142,315, 142.65 and that a deficit of N450,356,742.66 will be needed to balance the net payment.

Okubouejo also stated that while N632,785,564.87 forms Pay As You Earn, Contributory Pension, five percent Bond on Pension and Cooperative and Loans are still pending for payment until government revenue increases.

The Chairman of the Nigeria Union of Teachers (NUT), Mr. Abiodun Akinola, and the Chairman of the Nigeria Union of Local Government Employees (NULGE), Comrade Ayuba Akanji, in their separate remarks, appreciated the state government for the prompt payment of the union’s check-off dues, despite the shortage of funds.

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