{"id":109379,"date":"2023-11-28T07:32:09","date_gmt":"2023-11-28T06:32:09","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=109379"},"modified":"2023-11-28T07:32:09","modified_gmt":"2023-11-28T06:32:09","slug":"report-reveals-how-gov-obaseki-spent-n973m-on-bank-charges-over-n670m-on-meals-cooking-gas-in-three-months","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/report-reveals-how-gov-obaseki-spent-n973m-on-bank-charges-over-n670m-on-meals-cooking-gas-in-three-months\/","title":{"rendered":"Report reveals how Gov Obaseki spent N973m on &#8220;bank charges&#8221;, over N670m on meals, cooking gas in three months"},"content":{"rendered":"<div dir=\"auto\" style=\"text-align: justify;\">The Governor Godwin Obaseki-led administration in Edo State, which is now in its seventh year, has said it spent N973,475,295.69 on \u201cbank charges\u201d between January and June 2023.<\/div>\n<div dir=\"auto\">\n<div dir=\"auto\" style=\"text-align: justify;\">\nThe government also recorded N296,390,714.00 as spent on publicity and advertisements during the same period.<\/p>\n<p>These are contained in the Edo State 2nd Quarter 2023 budget performance report on the state website where the statements of income and expenditure for the period between January and June 2023 were displayed.<\/p>\n<p>The Obaseki-led government also spent N425,768,967.40 on meals and refreshments while cooking gas gulped N254,577,158.27 in three months. For welfare, the Obaseki\u2019s administration spent N212,899,175<\/p>\n<p>Also, in the report, N375 million was spent on bank charges in the second quarter (April \u2013 June) while N973.4million was totally spent from January till June.<\/p>\n<p>The government also said it spent N306,173,051.33 on postages and courier services within six months, while over N330 million was expended on donation and gift.<\/p>\n<p>The 2023 budget in the state tagged \u201cBudget of Resilience and Transformation\u201d, had a capital expenditure estimate of N192billion and recurrent expenditure of N127.5billion.<\/p>\n<p>Recently, a civil society group under the aegis of Empowerment for Unemployed Youth Initiative (EUYI) petitioned the Economic and Financial Crimes Commission (EFCC), against Obaseki over the alleged diversion of a World Bank loan and other funds meant to improve the education system in the state.<\/p>\n<p>The group accused the governor, Edo State Commissioner for Education, Mrs. Joan Oviawe and the Chairperson of Edo State Universal Basic Education Board, Mrs. Ozavize Salam, of diverting the sum of $75 million World Bank loan and another N129.12 billion approved for the education sector in the state.<\/p>\n<p>In the petition addressed to the Chairman of the EFCC and signed by its National Coordinator, Danesi Momoh Prince and the Director of Research, Documentation and Programmes, Igwe Ude-Umanta, EUYI said that the state of public education in the state, in spite of the billions of Naira budgeted in the past seven years, is a social menace in waiting.<\/p><\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Governor Godwin Obaseki-led administration in Edo State, which is now in its seventh year, has said it spent N973,475,295.69 on \u201cbank charges\u201d between January and June 2023. The government&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":85958,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-109379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Report reveals how Gov Obaseki spent N973m on &quot;bank charges&quot;, over N670m on meals, cooking gas in three months - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/report-reveals-how-gov-obaseki-spent-n973m-on-bank-charges-over-n670m-on-meals-cooking-gas-in-three-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Report reveals how Gov Obaseki spent N973m on &quot;bank charges&quot;, over N670m on meals, cooking gas in three months - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"The Governor Godwin Obaseki-led administration in Edo State, which is now in its seventh year, has said it spent N973,475,295.69 on \u201cbank charges\u201d between January and June 2023. 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