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The Edo State Government has said it has received only N2.1 billion from the N28bn that accrued to the state as 13 percent oil derivation fund for oil producing states. Edo State Commissioner for Budget and Finance, Mr. Joseph Eboigbe, disclosed this while briefing journalists after the weekly Executive Council (EXCO) meeting chaired by Governor Godwin Obaseki, at the Government House in Benin City. The Commissioner noted that N1 trillion was established for oil producing states and a distribution methodology was adopted by the Revenue Mobilization Allocation and Fiscal Commission (RMAFC), adding that N28bn accrued to the state and will be paid in 5 years of 20 tranches. He said, “The net amount will come to each state for over five years in 20 tranches. Each year, you will have quarterly remittances, which is four releases each year for over five years. Due to some court cases from some states, the releases started this year October 2022. “The Edo State Government got three tranches o

The Peoples Democratic Party (PDP) Presidential Campaign Organization ((PCD) has expressed appreciation to the Edo State Chapter of the party for the magnificent reception and support extended to the presidential candidate, His Excellency Atiku Abubakar (GCON), his running mate, Dr. Ifeanyi Okowa as well as other leaders and members of the party during the PDP rally and presidential campaign in Benin City, the Edo State capital on October 22, 2022. The appreciation was conveyed in a letter signed by the Director-General of the 2023 Presidential Campaign Organization (PCO), His Excellency, Rt. Hon. Aminu Waziri Tambuwal, and addressed to the State Chairman of the PDP, Anthony Aziegbemi. The Appreciation letter read: “I wish to convey to you and our teeming party members in Edo State the deep appreciation of our Presidential Candidate, H.E. Atiku Abubakar GCON, the Vice-Presidential candidate, HE Dr, Ifeanyi Okowa and members of the National Campaign Management Committee for the magnific

The Edo State Government on Wednesday, announced that following the recovery of government land at Irhirhi-Obazagbon-Ogheghe area of the state, the enumeration and capture of victims data, it was discovered that the sum of N1.5 billion was collected by land grabbers in the locality between 2020 to 2022. It therefore, reiterated its resolve to put an end to the illegal act by retrieving the whopping sums of money for the restitution of the 499 victims that had been identified by the verification committee saddled with that responsibility. The Commissioner for Communication and Orientation,  Mr. Chris Osa Nehikhare, who stated the position of the government during a press briefing in Benin after the day’s State Executive Council meeting, called on prospective property owners in the state to do due diligence before embarking on the development of their property. Nehikhare,  who decried the activities of land grabbers in the state,  said that the government was worried that such a huge amo