Group petitions ICPC over Fayemi’s alleged misappropriation of N852.9m Ekiti SUBEB fund
The end may not have been heard on the alleged misappropriation of a
sum of N852, 936,713.92 counterpart fund belonging to the Ekiti State
Universal Basic Education Board (SUBEB) by the Minister of Solid
Minerals, Dr Kayode Fayemi and others as a group based in Abuja,
Vanguard for Credible Representation has petitioned the Independent
Corrupt Practices and other related offences Commission (ICPC).
In the petition dated March 3, 2016 and signed by its Chairman,
Comrade Akinloye Oyeniyi, the group alleged that as Governor of Ekiti
State, Dr Fayemi, in contravention of Section 11(2) of the Universal
Basic Education (UBE) Act, 2004 authorised the illegal withdrawal of
the a sum of N852, 936,713.92 from SUBEB Access Bank Account Number
0065385694 on October 8, 2014, eight days to the end of his tenure.
The N852, 936,713.92 was counterpart fund paid by the Ekiti State
Government to access the Universal Basic Education Commission (UBEC)
2012 Marching Grant of N852, 936,793.12.
Responding to the petition, ICPC in a letter dated March 21, 2016 and
signed on behalf of the Chairman by one M. M. Abdulai, said the
petitioner will be notified of further development and that Reference Number ICPC/P/NC/363/2016 should be quoted in further correspondence with the Commission.
The petition read; “It should be noted that UBEC Deputy Executive
Secretary, Dr. Yakubu Gambo told the Senate Committee on Finance’s
Budget Defence that Dr Fayemi, used the N852.9 million counterpart
funds dedicated for education by the federal government through the
UBEC for other purposes.
“Mr Dapo Kolawole, who was Fayemi’s Commissioner for Finance, while
defending the allegation, said there was no law forbidding States from
borrowing counterpart funds to support states capital development
“Consequent upon this illegal withdrawal, UBEC caused a letter to be written to the Ekiti SUBEB in which the commission called for the
return of the N852, 936,713.92 to the account of SUBEB.
“UBEC also suspended Ekiti SUBEB from accessing any further FGN-UBE
Intervention Fund until further notice.
“UBEC, in the letter dated April 16, 2015, with Reference Number;
UBEC/FA/SUBEB/EK/183/Vol.II/162 described the withdrawal as criminal
act that violated Section 11(2) of UBE Act 2004 and conveyed its
suspension of Ekiti State from accessing any further FGN-UBE
“UBEC letters dated April 16, 2015 and April 29, 2015 as well extract
from Ekiti SUBEB Statement of Account are herewith attached.
“In view of the anti-corruption stance of the President Mohammadu
Buhari’s government, we hereby demand that the EFCC should investigate
this clear case of misappropriation of public fund; with a view to
bringing those found culpable are brought to justice.
“We must let you know that most Nigerians who are already of the
opinion that your commission is only after those opposed to the
Federal Government are interested in your response to this complaint.
“We however trust that you will use your good offices to direct an
immediate and thorough investigation into these complaints with a view
to bringing whoever that is found culpable to justice.”