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Why we withheld Ekiti’s N1.1bn loan — FG

The Federal Government on Thursday explained why the N1.1bn Budget Support Facility for Ekiti State for the month of January was suspended, adding that the state failed to meet some of the criteria specified for the release of the fund.

The development was confirmed by a statement issued by the Director of Information, Federal Ministry of Finance, Mr. Salisu Dambatta.

The statement was a reaction to allegations by the Ekiti State Governor, Ayodele Fayose, that the Federal Ministry of Finance deliberately withheld the state allocation.

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