The Delta state Government has refuted claims that the
government received more than N18.62 billion from the Fderation account.
Commissioner for Information, Mr. Patrick Ukah said
that contrary the claims, that the figures below depicts the net proceeds from
FAAC for July 2016:
“Gross FAAC (Statutory, Mineral Derivation, VAT, etc
N 7,485,871,893.05
Less Deductions (Bond, Foreign Loans, Salary Bailout,
etc N 2,259,803,247.27
Net FAAC receipt accruing to the State's Account for
July 2016 N 5,226,068,645.78
“From the figures above it is clear that the net FAAC
proceed which accrued for July 2016 is N5, 226,068,645.78 and not the
N18.6billion being peddled.
“As well, the Local Government Councils (LGCs)
received a gross allocation of N3.332 billion from the Federation Account for
the month of July, 2016.
“It will equally interest the general public to know
that the State Government has approved the payment of July salaries and
pensions to all employees of the State workforce,” the commissioner declared.
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