EMBEZZLEMENT OF UBEC FUNDS IN KWARA STATE
Misappropriation of previous funds denied Kwara N5.4 billion UBEC money – Governor
Abdulrahman Abdulrazaq of Kwara State [Photo: THISDAYLIVE]
Governor AbdulRahman AbdulRazaq made this known in a statement by his Chief Press Secretary (CPS), Rafiu Ajakaye, on Friday in Ilorin.
According to Mr Ajakaye, the governor got to know of the fund not accessed when he visited UBEC on Thursday in Abuja.
He said that UBEC blacklisted Kwara government because the immediate past administration mismanaged N1. 5 billion grant meant to upgrade schools in Kwara in 2013.
Mr Ajakaye said UBEC officials told Mr AbdulRazaq that N1.5 billion was allotted to Kwara in 2013 with a request for the state to pay another N1.5 billion as counterpart funding.
“The officials said the government was later discovered to have borrowed the N1.5 billion from a bank with which it immediately accessed the UBEC fund.
“Upon receipt of the UBEC’s N1.5 billion, Kwara returned the N1.5 billion it had borrowed from the bank and then diverted the UBEC’s N1.5 billion without investing it in educational infrastructure as required by the law,” he said.
The governor’s aide said this led to UBEC blacklisting Kwara and demanding for an immediate refund of its N1.5 billion.
Mr Ajakaye said Kwara later refunded N1.050 billion, leaving an outstanding of N450 million which the Abdulfatah Ahmed’s administration never paid to UBEC.
The News Agency of Nigeria (NAN) reports that Kwara accessed UBEC fund last in 2013.
In 2014, UBEC allocated N952.2 million to Kwara, 876.7 billion in 2015, in 2016 Kwara was to access N1.04 billion, N1.3 billion in 2017 and N1.5 billion in 2018.
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