FACT-CHECK: Adamawa huge income under Bindow: How Fintiri lied against Bindow in claim of Bindow getting more allocation under his watch

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    Adamawa gov-elect, Ahmad Umaru Fintiri, on Saturday said Bindow administration got a combine income of 332 billion naira in four years.

    He made this claim while addressing members of his transition committee  at Muna hotel in Yola, Adamawa state capital.

    The gov elect said Bindow received a combined income of N332 billion and hopelessly neck deep in debt and has to take overdrafts to pay salary in the last four years..

    In his words, ““Posterity will not forgive us if we fail to ask the right questions about how a state that received a combined income of N332 billion is hopelessly neck deep in debt and has to take overdrafts to pay salary in the last four years..

    ““As a corrective government popularly elected by the people, we will not hesitate to step on toes in the interest and advancement of the public good.

    THE CLAIM

    “Posterity will not forgive us if we fail to ask the right questions about how a state that received a combined income of N332 billion is hopelessly neck deep in debt and has to take overdrafts to pay salary in the last four years..

    Verification of Claim

    According to the Ministry of finance, Adamawa state monthly income from FAAC hoovers between 2billion to 4 billion naira per months, before commercial bank deducts loans taken by the state government.

    For example in 2018 Adamawa got about 43billion naira from FAAC allocation, Adamawa salary bill stand at about 2.7 billion when deduction is made, the state government cannot pay salary without seeking for overdraft from bank.

       In the month of January 2018 to September 2018 Adamawa state and local government got the combined following allocation from federation account

    JANUARY 2018 =       4,060,044,183.252016

    FEBUARY 2018 =       3,856,191,239.64

    MARCH 2018    =       3,906,066,780.08

    APRIL 2018            = 3,768,439,354.27

    MAY 2018               =    4,085,905,463.01

    JUNE   2018            =     4,038,670,060.43

    JULY 2018         =          4,413,165,867.26

    AUGUST 2018   =          4,132,999,065.58

    SEPTEMBER 2018=      4,313,473,072.75

     

    According to official documents from ministry of Finance, Adamawa state and local government usually get about 42billion naira per year.

    There is no way Adamawa state government under Bindow could have gotten 332 as alleged by Fintiri, so the outrageous claim is false.    

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