The Border Communities Development Agency is effectively paralysed by a bitter leadership crisis, with the Federal Ministry of Finance reportedly declining to release N10bn approved allocation until questions over who legitimately heads the agency are resolved.
The ministry stressed that the release of public funds to any government agency is subject to compliance with statutory and administrative requirements.
The Director of Press and Public Relations at the Ministry of Finance, Efe Ovuakporie, stated this while speaking with Sunday PUNCH on Friday.
Responding to reports that Minister of Finance and Coordinating Minister of the Economy Taiwo Oyedele had withheld the agency’s funds, she said,“The Ministry of Finance cannot and will not comment on the internal administrative process of the BCDA.
“On the issue of the Minister of Finance and Coordinating Minister of the Economy reportedly withholding funds, you should understand that as a matter of due process, the ministry takes appropriate
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