Governor Fayose: FG To Release Ekiti State's N1bn Budget Fund

The Federal Ministry Of Finance via an official communication with the State Governor has reversed its decision over the N1bn Budget Support Facility for the month of January for Ekiti State, says The Governor , Mr Ayodele Fayose.

The Governor had accused the Federal Government of trying to cripple the state over its refusal to pay allocation to the state.
The ministry had said that Ekiti state failed to comply with the conditions to get the facility, which is a loan by the Federal Government to States to cushion the effect of revenue shortfall from the federation account and that a letter had been sent to the State government in August last year for the need to comply with the terms of the loan.