Oshiomhole Squandered Over N1trn On Inflated Projects —Ize-Iyamu

Pastor Ize-Iyamu

A Peoples Democratic Party, PDP, governorship aspirant in Edo State, Pastor Osagie Ize-Iyamu, has disclosed that the Adams Oshiomhole-led administration in the state received over N1 trillion in the last seven and a half years from the Federation Account and Internally Generated Revenue, IGR, but lamented that the fund was squandered on highly inflated projects that were not evenly distributed across the state.

He also accused the state government of focusing on two sectors of the economy to the detriment of other critical sectors, regretting that the evils of poverty and unemployment were not tackled while agriculture, industry, tourism, sports, housing and other sectors were neglected Pastor Ize-Iyamu, a former Secretary to the Edo State Government, disclosed this in a paper entitled, Edo State Economy: The Way out, he presented at a town hall meeting, yesterday, in Benin, organised by a group, House 2 House Support Initiative.

 He, however, commended the Edo State Government for increasing the monthly Internally Generated Revenue,  IGR, of the state from N300 million to N2 billion.