Governor Ayodele Fayose of Ekiti State has described allegations against him of mismanaging about N251.99bn belonging to the state as unfounded and spurious.
A political pressure group had asked Fayose to account for how he spent N251.99b being the amount that accrued to the state as federal allocation and Internally Generated Revenue (IGR) under his reign.
Reacting at a press conference, the Ekiti state Commissioner for Information, Lanre Ogunsuyi, said that at no time did the government receive N3 billion as monthly allocation since Fayose assumed office.
He said: “Even at a time, we were getting as low as N1.5 billion when the wage bill was undulating between N2.5 and N2.7 billion. That is why we are paying in arrears.
“It is worrisome that the government has been spending over 90 per cent of the allocation on payment of salaries and pensions and the fact that the allocations were too paltry accounted for why we have been unable to pay up.”