Stakeholders fault N3bn disbursement plan by Edo govt

Stakeholders fault N3bn disbursement plan by Edo govt


The Coalition of Registered political parties (CRPP) in Nigeria, has faulted the modalities adopted by Edo State Government in disbursing the N3 billion grant meant to support small and Medium Enterprises (SMEs) that were impacted by Covid-19 in the State.

Permanent Secretary, Edo State Ministry of Wealth Creation and Cooperatives and Employment, Mr. Joel Edionwe, had on May 6, 2021, announced guidelines for disbursement of the money, which is part of the $750 million federal government economic recovery fund to 36 States of the federation.

Reacting to the development, the State Chairman of CRPP, Mr. Samson Isibor, alleged that the money may not get to intended beneficiaries, citing lack of transparent.

“Asking business owners to apply online is not healthy. We won’t be surprise to hear in the next few days that many people have been shortlisted as potential beneficiaries of the N3 billon loan.

“I do not trust him. The targeted beneficiaries may not benefit. The Government should take it through a third party in order to build confidence.

“In the case of any default, there is nobody to complain to. He doesn’t have a cabinet or any special Adviser.

“The grant may go the way they did Covid-19 palliatives. Before you know it they will tell us that they have shortlisted millions of applicants.

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“He (Governor Godwin Obaseki) should set up a Committee of eminent Stakeholders to handle the disbursement without passing through any third party.

Isibor, advised the State Government to pay attention to flooding menace in Benin Metropolis and deplorable roads in the State.

He also urge the Government to steps resolving the pending issues that made lecturers in the state-owned Ambrose Alli University, Ekpoma and the the Management for a seamless resumption of academic activities.

“We have not seen any improvement in flood control project in Edo State.

“Rather, what you hear often is evil imagination against his predecessor, Comrade Adams Oshiomhole. The storm water project is not working. He should continue to work.

“Roads in Benin City are dilapidated and the people are crying this Ogbane thing has backfire on them.

“Seven months into his second term in office, we have not seen much in terms of development.

“The bypass road in Benin is appalling. You cannot carry your vehicle to the place. The Governor should hasten up and work. The money is there. He should spend it for the benefit of Edo people who should not be taken for a ride”, he said.


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