Governor Adams Oshiomhole of Edo State has said that there is nothing ‘personal’ between him and former Minister of Finance and Coordinating Minister of the Economy, Dr Ngozi Okonjo-Iweala.
The Edo State Governor in a statement signed by Kassim Afegbua, Special Adviser, Media and Public Affairs, to the governor, on Thursday said the questions asked were: how come those accruals into the Excess Crude Account got depleted without the knowledge of the National Economic Council?
BLACKMAIL WON’T HELP YOUR CASE, OSHIOMHOLE TELLS OKONJO-IWEALA
It is instructive at this point in time to state categorically without equivocation that there is nothing “personal” between Okonjo-Iweala and Comrade Adams Oshiomhole in terms of the request by the Edo Governor that Okonjo-Iweala should come clean on the issue of revenue that accrued to the Excess Crude Account.
PERTINENT QUESTIONS.
The simple questions which the Comrade Governor asked were:
(1)how come those accruals into the Excess Crude Account got depleted without the knowledge of the National Economic Council?
(2)How come monies that were supposed to accrue into the said account cannot be found in it going by the balance sheet provided by the former Minister? How come the Minister unilaterally dipped her hand into the Excess Crude Account to spend money in defiance of the constitution and the laws of the land?
(3)How come that the Minister finds it convenient to publish allocations to States and Local Governments, but refused to publish accruals into the same account for us to know the status of the account at any point in time; how much was left from where she was distributing from?
What the Comrade Governor stated was that; it was interesting to note that by December 2012, the ECA had a balance of over $10billion. This had been depleted to $2.07billion by May 2015, according to the former Finance Minister. Between January 2013 and May 2015, not more than $4billion was shared among the three tiers of Government. Indeed, the last time any money was shared from the ECA was in May 2013.
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