April 13, 2024

Edo Govt Remits Outstanding One Year Statutory Allocation to BTC

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The controversy that has trailed the none-remittance of the statutory allocation of 5% of total revenue allocated to local government areas in Ed South may have finally been laid to rest. Several stakeholders have castigated Mr. Godwin Obaseki, Governor of Edo State for tampering with funds met for the Benin Traditional Council (BTC) for some time now.

Midwest Herald investigation can authoritatively reveal that the outstanding amount of N319,64,622.57 (Three Hundred and Nineteen Million, Six Hundred and Thirty Four Thousand, Six Hundred and Twenty Two Naira, Sixty Three Kobo) was remitted today, August 18, 2023.

A copy of the memo – F/MLG35/T/VOL111, titled “Disbursement of Statutory Allocation” an addressed to the Secretary, Benin Traditional Council reads: “I wish to refer to the above subject and to state that the Benin Traditional Council is to receive the sum of N319,634,622.63 being amount saved from the Seven Local Government Councils of Edo South Senatorial District as fund due to Benin Traditional Council (BTC) for the period; July 2022 to July 2023.”

The memo also gave the breakdown contributed by each of the seven local government areas in Edo South. Midwest Herald is however unable to confirm if BTC has indeed received the funds.

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