She included that the ECA is talked about at each month to month session of the government accounts assignment board of trustees (FAAC), where all the state magistrates of money are generally present.
"Streams got N257.6 billion from the Federation Account in the middle of January and October 2013," she said in an announcement issued by Paul Nwabuikwu, her representative, in Abuja on Tuesday.
"The announcement by the governors is absolutely unusual in light of the fact that Federal Accounts Allocation Committee (FAAC), meets consistently and the ECA is examined at each session with all the state officials of fund present. "Nothing is covered up. At these gatherings, the Minister of State, who is the Chairman of FAAC, declares the equalization in the ECA which is then examined."
The Minister coordinated governors who need further clarification on the record to counsel their chiefs. Okonjo-Iweala included that Amaechi, who read the report of the governors at an early stage Tuesday, made unconfirmed cases that N5 billion was lost in 2013.
"Governors who need any data about the ECA ought to request subtle elements from their chiefs who ought to have the records of what was examined and settled upon. "Gov. Rotimi Amaechi of Rivers, why should reported have read the report in the interest of the governors, made a comparable unconfirmed affirmation in November 2013. "He claimed in November 2013 that $5 billion was lost from the ECA however we consequently demonstrated with realities that the sum was not missing." The announcement included that in light of a legitimate concern for straightforwardness and responsibility, the service of fund would, in a few days, distribute the points of interest of the ECA throughout the previous four years.
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