Edo Pays Traditional Councils N1.3 Billion
The Edo Government on Tuesday said about N1.3 billion was being distributed to traditional rulers across the 18 local government areas of the state. The state Commissioner for Information and Orientation, Chris Nehikhare, announced this during a briefing with newsmen in Benin.
“The Traditional rulers are sharing N1.3 billion; traditional rulers in Edo South Senatorial District will get N639.2 million and out of this, the Benin Traditional Council, which is the palace of the Oba of Benin, will receive N319.6 million while traditional rulers in the other seven local government areas in the district will share N255.7 million.
“Traditional rulers in Edo Central will get N299.8 million while traditional rulers in Edo North district will share N377.6 million,” he said
The commissioner said the funding to the traditional rulers increased as a result of the inclusion of Value Added Tax (VAT) and the excess crude components in the disbursement.
Nehikhare, however, denied the allegations making the round that the state government had withheld the monthly subvention to the Benin traditional council. He said rather, the money accrued to the traditional rulers under Gov. Godwin Obaseki increased.
He noted though that traditional rulers in the state had at a time agreed with the state government to temporarily warehouse the funds due to a disagreement among them until the administrative issues were resolved.
“It is important to state here that against the false information that the fund was withheld from July 2022 to July 2023, all statutory payment was paid until April 2023, when it was agreed for the funds to be warehoused till date for the resolution of outstanding issues.
“These administrative issues have now been resolved by the Edo State Government and the palace delegation, led by the Iyase of Benin, Chief Sam Igbe.
“This pool of funds is now being disbursed to the various traditional rulers across the State as well as the Benin Traditional Council. # Edo Pays Traditional Councils N1.3 Billion Nigerian Treasury Bills Yield Rises to 7%
