NOW, LET US HAVE A LOOK AT WHAT ACCRUED COMPREHENSIVELY TO US IN THE MONTH OF MARCH BUT PAID IN APRIL... (1) Gross Statutory Allocation....#3,115,261,648.86. (2) 13% share of derivation( net)....#1,339,808,663.58 (3) Gross Total...#4,455,070,312.43 (4) Funds used to service external debt...#22,641,488.12 (5) Servicing of contractual obligations ( ispo)...#520,000,000.00 (6) Other deductions...#278,287,184.28 (7) Net Statutory Allocation...#3,634,141,640.03 (8) NNPC installment refund...#97,814,915.40 (9) Net VAT Allocation..#654,915,977.79 (10) Total Gross Amount...#5,207,801,205.63 (11)Total Net amount...#4,386,872,533.23 (12) LGAS total net amount from the federal Government....#2,636,749,045.65 as follows: Akokoedo...#181,616,994.71 Egor...#176,737,172.36 Esan Central..#116,479,916.68 Esan northeast...#120,181793.61 Esan southeast...#142,049,212.69 EsanWest...#122,187,268.30 Etsako central...#120,928,421.82 Etsako East...#139,269,193.88 Etsako West..#153,917,813.07 Igueben....#112,437,467.94 Ikpoba Okha...#193,852,494.88 Oredo...#198,795,673.00 Orhiomwon...#153,965,273.88 Ovia Northeast...#146,435,415.51 Ovia southwest...#157,500,649.41 Owan East...#141,358,468.70 Owan West...#117,129,767.18 Uhonmwode...#141,906,048.01 PLEASE, NOTE THE SUM AND RECONCILE IT WITH OSHIOMHOLE BURDENSOME TAX REGIME AND SACKING OF WORKERS. TAKE NOTE TOO OF HIS BRAZILIAN TRIPS. Also note that the Local Council hardly get up to 50% of their federal allocations from the state govt. Now, ask yourselves...Is Edo State really in Safe Hands?
Posted on: Fri, 06 Jun 2014 07:51:14 +0000
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