{"id":2354,"date":"2019-05-11T12:25:22","date_gmt":"2019-05-11T11:25:22","guid":{"rendered":"http:\/\/dubawa.org\/dir\/?p=2354"},"modified":"2019-08-26T16:48:56","modified_gmt":"2019-08-26T15:48:56","slug":"how-accurate-is-akeredolus-claim-on-ondo-states-monthly-igr","status":"publish","type":"post","link":"https:\/\/dubawa.org\/dir\/how-accurate-is-akeredolus-claim-on-ondo-states-monthly-igr\/","title":{"rendered":"How Accurate is Akeredolu\u2019s Claim on Ondo State\u2019s Monthly IGR?"},"content":{"rendered":"\n<p class=\"has-background has-very-light-gray-background-color wp-block-paragraph\"><strong>CLAIMS: <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Ondo state\u2019s monthly IGR has increased to over N1.5 billion<\/li><li>Ondo state\u2019s monthly IGR was previously N700 million before Akeredolu\u2019s administration<\/li><\/ul>\n\n\n\n<p class=\"has-background has-pale-cyan-blue-background-color wp-block-paragraph\"><strong>CONCLUSION: <\/strong>For CLAIM 1, it is <strong>TRUE<\/strong>; for CLAIM 2, it is <strong>PARTLY FALSE<\/strong><\/p>\n\n\n\n<p class=\"has-background has-cyan-bluish-gray-background-color wp-block-paragraph\"><strong>EVIDENCE: <\/strong>Ondo state\u2019s monthly IGR has increased to over N1.5 billion with an average monthly IGR of N2.07 billion in 2018, according to the NBS. However, NBS data also shows that Ondo state average monthly IGR from 2012 to 2015 has been more than N700 million, except in 2016 when it fell by 14 percent to N723.7 million!<\/p>\n\n\n<hr \/><hr \/><hr \/>\n<p style=\"text-align: justify;\"><b>FULL TEXT:<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Ondo State Governor, Oluwarotimi Akeredolu, on Tuesday, May 8 while receiving members of the state chapter of the Association of Licensed Private Security Practitioners of Nigeria in his office in Akure said his administration has improved the monthly Internally Generated Revenue (IGR) of the state from N700 million to over N1.5 billion.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">What this means is that the state under his administration has grown its IGR by more than double to N1.5 billion monthly compared to N700 million which the state recorded previously as IGR.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">No date was quoted or referenced in the report. But emphasis was made on his administration.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">BusinessDay <\/span><span style=\"font-weight: 400;\">could not reach the governor to clarify the claim, but a statement issued by a press officer in the governor\u2019s office, Bode Akinwumi, confirmed he made the statement.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">According to the statement, Akeredolu said his \u201c<\/span><i><span style=\"font-weight: 400;\">administration has so far improved its (Ondo state) IGR from N700 million monthly to over N1.5 billion monthly.\u201d<\/span><\/i><\/p>\n<hr \/>\n<p style=\"text-align: justify;\"><b>CONTEXT<\/b><\/p>\n<p style=\"text-align: justify;\"><b>Oluwarotimi Akeredolu, SAN, was sworn into office<\/b><span style=\"font-weight: 400;\">\u00a0on February 24, 2017, in Akure, succeeding Olusegun Mimiko as Ondo State Governor. Since no timeframe was mentioned in the first claim, Gov. Akeredolu may have also been implying that not only was the state\u2019s monthly IGR as low as N700 million <\/span><span style=\"font-weight: 400;\">before<\/span><span style=\"font-weight: 400;\"> his administration, but that he has also greatly increased the monthly IGR <\/span><span style=\"font-weight: 400;\">during<\/span><span style=\"font-weight: 400;\"> this administration.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">As such, we will consider the average monthly IGR from 2008 &#8211; 2018.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: justify;\"><b>ONDO MONTHLY IGR MORE THAN N1.5 BILLION<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">According to IGR data at state level for the year <\/span><span style=\"font-weight: 400;\">2018<\/span><span style=\"font-weight: 400;\"> obtained from the National Bureau of Statistics (NBS), Nigeria\u2019s official repository of data, Ondo State generated N3.61 billion as IGR in the first three months of 2018, the amount rose to N5.81 billion in the second quarter of the year, spanning from April through June.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">However, the revenue receipt of the state fell to N5.04 billion in the third quarter compared to the previous quarter but rebounded in the last quarter of the year to N10.33 billion, bringing the total IGR of the state for the year to N24.79 billion. This represents a 126.8 percent increase when compared with N10.93 billion generated a year earlier.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">With the sum of N24.79 billion realised by the state in 2018, we decided to divide the amount by 12, which indicates the number of months in a year, to obtain the state\u2019s monthly average IGR. This results in N2.07 billion monthly IGR.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: justify;\"><b>ONDO GENERATED MORE THAN N700 MILLION BEFORE AKEREDOLU\u2019S ADMINISTRATION<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">BusinessDay and Dubawa gathered the state\u2019s IGR statistics from 2008 to 2018 in order to properly evaluate the accuracy of the governor\u2019s claim on improving the state revenue from N700 million monthly. We discovered that in <\/span><span style=\"font-weight: 400;\">2008,<\/span><span style=\"font-weight: 400;\"> the sum of N3.98 billion was generated, translating to N332 million monthly IGR.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">That amount shrank to N312.7 million in <\/span><span style=\"font-weight: 400;\">2009<\/span><span style=\"font-weight: 400;\"> but rose to N540 million monthly in <\/span><span style=\"font-weight: 400;\">2010<\/span><span style=\"font-weight: 400;\">. The growth in Ondo state\u2019s monthly IGR was continuously extended in <\/span><span style=\"font-weight: 400;\">2011, 2012, 2013<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">2014<\/span><span style=\"font-weight: 400;\"> to N668 million, N846 million, N875 million, and N977 million respectively.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">In <\/span><span style=\"font-weight: 400;\">2015<\/span><span style=\"font-weight: 400;\">, an average of N842 million was generated in Ondo state every month. It dropped to N724 million in <\/span><span style=\"font-weight: 400;\">2016<\/span><span style=\"font-weight: 400;\"> and rose to N911 million in <\/span><span style=\"font-weight: 400;\">2017<\/span><span style=\"font-weight: 400;\">, implying the state\u2019s average monthly IGR has remained over N700 million since 2012.<\/span><\/p>\n<p style=\"text-align: justify;\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" data-attachment-id=\"2356\" data-permalink=\"https:\/\/dubawa.org\/dir\/how-accurate-is-akeredolus-claim-on-ondo-states-monthly-igr\/whatsapp-image-2019-05-09-at-15-45-08\/\" data-orig-file=\"https:\/\/i0.wp.com\/dubawa.org\/dir\/wp-content\/uploads\/2019\/05\/WhatsApp-Image-2019-05-09-at-15.45.08.jpeg?fit=1080%2C764&amp;ssl=1\" data-orig-size=\"1080,764\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"WhatsApp Image 2019-05-09 at 15.45.08\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/dubawa.org\/dir\/wp-content\/uploads\/2019\/05\/WhatsApp-Image-2019-05-09-at-15.45.08.jpeg?fit=1024%2C724&amp;ssl=1\" class=\"aligncenter wp-image-2356 \" src=\"https:\/\/i0.wp.com\/dubawa.org\/dir\/wp-content\/uploads\/2019\/05\/WhatsApp-Image-2019-05-09-at-15.45.08.jpeg?resize=545%2C385\" alt=\"\" width=\"545\" height=\"385\" title=\"\" srcset=\"https:\/\/i0.wp.com\/dubawa.org\/dir\/wp-content\/uploads\/2019\/05\/WhatsApp-Image-2019-05-09-at-15.45.08.jpeg?w=1080&amp;ssl=1 1080w, https:\/\/i0.wp.com\/dubawa.org\/dir\/wp-content\/uploads\/2019\/05\/WhatsApp-Image-2019-05-09-at-15.45.08.jpeg?resize=300%2C212&amp;ssl=1 300w, https:\/\/i0.wp.com\/dubawa.org\/dir\/wp-content\/uploads\/2019\/05\/WhatsApp-Image-2019-05-09-at-15.45.08.jpeg?resize=768%2C543&amp;ssl=1 768w, https:\/\/i0.wp.com\/dubawa.org\/dir\/wp-content\/uploads\/2019\/05\/WhatsApp-Image-2019-05-09-at-15.45.08.jpeg?resize=1024%2C724&amp;ssl=1 1024w\" sizes=\"(max-width: 545px) 100vw, 545px\" \/><\/p>\n<p>\u00a0<\/p>\n<p style=\"text-align: justify;\"><b>CONCLUSION <\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Governor Akeredolu\u2019s claim that Ondo state monthly IGR has increased to over N1.5 billion was <\/span><b>TRUE<\/b><span style=\"font-weight: 400;\"> as the state generated an average monthly IGR of N2.07 billion in 2018. However, his claim that his administration improved the state IGR from N700 million was <\/span><b>PARTLY FALSE<\/b><span style=\"font-weight: 400;\"> as the state average monthly IGR from 2012 to 2015 has been more than N700 million, except in 2016 when it fell by 14 percent to N723.7 million!<\/span><\/p>\n<hr \/><hr \/><hr \/>\n<p style=\"text-align: justify;\"><i>This fact-check was done by a Dubawa Fact-checking Fellow in collaboration with BusinessDay, the leading medium for up-to-date news and insightful analysis of business, policy and the economy in Nigeria. To see this article\u00a0and others, check out: <a href=\"https:\/\/businessday.ng\/business-economy\/article\/fact-check-how-accurate-is-akeredolus-claim-on-ondos-monthly-igr\/\" target=\"_blank\" rel=\"noopener\">https:\/\/businessday.ng\/business-economy\/article\/fact-check-how-accurate-is-akeredolus-claim-on-ondos-monthly-igr\/\u00a0<\/a><\/i><\/p>","protected":false},"excerpt":{"rendered":"<p>Governor Akeredolu\u2019s claim that Ondo state monthly IGR has increased to over N1.5 billion was TRUE as the state generated an average monthly IGR of N2.07 billion in 2018. However, his claim that his administration improved the state IGR from N700 million was PARTLY FALSE as the state average monthly IGR from 2012 to 2015 has been more than N700 million, except in 2016 when it fell by 14 percent to N723.7 million!<\/p>\n","protected":false},"author":1,"featured_media":2355,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"hannibal_claim_source":"","hannibal_source_label":"","hannibal_card_color":"blue","_jetpack_memberships_contains_paid_content":false,"footnotes":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_bluesky_share_type":"","_mastodon_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[120,16],"tags":[347],"verdict":[],"ppma_author":[889],"class_list":["post-2354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-politics","tag-featured"],"jetpack_shortlink":"https:\/\/wp.me\/p8R6dE-BY","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"authors":[{"term_id":889,"user_id":0,"is_guest":1,"slug":"oluwasegun-olakoyenikan","display_name":"Segun Olakoyenikan","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/4710487b8568a0a186fa902b07c8e9494050ba2da1ecd3163b8f4a98f6c71dfd?s=96&r=g","author_category":"","user_url":"","last_name":"Olakoyenikan","first_name":"Oluwasegun","job_title":"","description":""}],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/dubawa.org\/dir\/wp-content\/uploads\/2019\/05\/We%E2%80%99ll-continue-to-create-enabling-environment-for-our-artisans-says-Akeredolu.jpg?fit=1000%2C600&ssl=1","_links":{"self":[{"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/posts\/2354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/comments?post=2354"}],"version-history":[{"count":0,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/posts\/2354\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/media\/2355"}],"wp:attachment":[{"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/media?parent=2354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/categories?post=2354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/tags?post=2354"},{"taxonomy":"verdict","embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/verdict?post=2354"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/dubawa.org\/dir\/wp-json\/wp\/v2\/ppma_author?post=2354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}