✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Election: APC urges FG to withhold Bayelsa N7bn VAT refund

The federal government should not release N7 billion VAT refund to Bayelsa State government for now to avoid squandering the money on vote buying, the All Progressives Congress (APC) warned on Thursday.

The APC Deputy National Publicity Secretary, Yekini Nabena, who gave the warning in a statement in Abuja, said such action was important because the governorship election in the state is less than a month.

READ: Knocks as Buhari seeks approval to refund N10bn to Kogi

SPONSOR AD

Nabena specifically urged the Minister of Finance, Budget and National Planning, Zainab Ahmed, to delay approval of a N7 billion VAT refund to the Bayelsa state government until after the conduct of the November 16 governorship election in the state.

He said that if the money was released to the outgoing government in the state, it would not serve the purpose it meant to achieve.

“There is a 7 billion Naira VAT refund to Bayelsa State awaiting the Minister of Finance approval. The Governor of Bayelsa State, Seriake Dickson, has committed to a commercial Bank to give him the 7 billion with an agreement that the Ministry will in turn pay the money to them.

“The Minister is advised not to approve the VAT refund until after the governorship election. Governor Dickson has recently been in the news on account of several schemes to raise money through diversion of state funds to fund the election of his stooge and Bayelsa governorship candidate of the Peoples Democratic Party (PDP).

“Coupled with Governor Dickson illegally withdrawing and diverting N17.5 billion from bank accounts belonging to the state government to prosecute the November 16 Bayelsa governorship election in the state, Bayelsans are still smarting from the exposed plan of Governor Dickson to sell off an oil field, Atala Marginal Field (OML 46) belonging to the state, months to the his handover.

“Governor Dickson must be stopped from achieving his selfish and desperate plan to buy votes using state funds and rig the election in favour of his unpopular candidate,” the statement partly read.

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.