The Edo State Government has responded to Governor Nyesom Wike of Rivers State who challenged oil producing states to declares their shares of the 13%derivation allocation. The Commissioner for Finance in Edo State, Joseph Eboigbe, in a media interaction in Benin City, that the state has received only N2.1 billion of the expected N28 billion, being the Edo State share from the 13% oil derivation paid by the Federal Government to oil-producing state.
The commissioner said that 13% derivation funds are to be spread over five years in 20 installments, disclosing that Edo State has received three installments of N700 million.
Governor Wike had challenged oil-producing states to account for the 13% derivative funds being paid by the Federal Government.
Wike was cited to have stated, “I am not an Apostle of Buhari; he is not my friend, but I have no regret to appreciate him for paying the money meant for the Niger Delta states. He has paid. Let everybody come and account for it.”