How we spent 13% oil derivation in Ondo — Akeredolu - Thepodiummedia

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My support for Tinubu unwavering, says governor

Post published:December 5, 2022
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On Sunday, Governor Rotimi Akeredolu of Ondo State stated that the 13 percent oil derivation, subsidy and SURE-P refunds from the Federal Government were expended on capital projects and payment of accumulated salary arrears.

Akeredolu, in a statement by his Chief Press Secretary, Richard Olatunde on Sunday, also disassociated himself from those alleged to have been stealing funds meant for local government areas from the Federation Account Allocation Committee, FAAC.

The statement reads: “Some of the impactful projects undertaken and completed by this administration include the rehabilitation and asphalt overlay of the 32.6km Araromi-Alape road in Ilaje Local Government Area; 16.65km Ikaramu-Akunnu-chainnage 7-Oke Agbe Road in Akoko Northwest Local Government Area; 4.5km Agadagba Obon-New Ajapa Road in Ese-Odo Local Government Area; 3.0km Oke Igbo Township roads, Ile-Oluji/Okeigbo Local Government Area, among others.

“Recently, the Governor commenced the rehabilitation of over 35 kilometres of a network of roads in Akure, the state capital.

“The roads being rehabilitated are those built by past governments several years ago and which are already in bad shape with potholes and failed sections. The 9.5km Emure- Iporo Road and rehabilitation of 15.2 Akure phase “D” road networks have all begun.

“The 10-km Okitipupa-Igbokoda virgin road, commissioned by Governor Babajide Sanwo-Olu of Lagos State, is another evidence of Governor Akeredolu’s commitment to infrastructural development. These intensive capital projects are financed from these refunds and Internally Generated Revenue.

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“The monthly FAAC receipts are devoted to the payment of salaries and pensions as agreed by Labour leaders at the monthly meetings presided over by the Head of Service and Chairman of Joint Negotiating Council, JNC.

“Despite Governor Akeredolu’s vow to always pay salaries and pensions as and when due, the financial crisis across the country occasioned by the COVID-19 pandemic resulted in non-payment of salaries in full for some months.”

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Morak Babajide-Alabi is a graduate of Mass Communication with a Master of Arts Degree in Journalism from Napier University, Edinburgh, United Kingdom. He is an experienced Social Media practitioner with a strong passion for connecting with customers of brands.

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He had a successful media practice at The Guardian, Punch and This Day.

He started his brand management career at Owena Bank as Media Relations Manager before joining Prudent Bank (now Polaris Bank) as the pioneer Head of Corporate Affairs.

The British Council appointed him as Head of Communication and Marketing to co-ordinate branding and reputation management activities at its Lagos, Abuja, Kano and Port Harcourt offices.

In 2007, he was recruited as the Head of Corporate Planning and Strategy for the Nigerian Aviation Handling company. He led on the branding, strategic planning and stakeholder management support function.

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Ademola obtained a M.Sc. Degree in Digital Marketing & Web Analytics from Dublin Institute of Technology in 2016, and the Master of Communication Arts degree of the University of Ibadan in 1997. He had previously obtained a Higher National Diploma (with Upper Credit) in Mass Communication from Ogun State Polytechnic, Abeokuta.

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