ARITHMETIC OF FRAUD: GOV. AMBODE ALLEGEDLY LOOTS LAGOS STATE DRY BY POWERING JUST ONE STREER LIGHT FOR N10.4 MILLION AND N12 BILLION IN A YEAR.

Secret Reporters

Lies are told daily by Nigerian Governors to justify their loots and to euphemize their kleptomaniac lifestyle. Figures are inflated daily on budgets so that they can take the lion share for themselves and in most times the budgeted funds are never channeled to what it was said to be for. Other times citizens claims to have seen no results in what they trumpet to have done.

The Governor of Lagos State, Akinwunmi Ambode has said that his administration has spent about N12 billion Naira on power in one year.

He noted that the essence of the street lights was to ensure that there is security and stability in all areas of the state.

He further stated that the money is used in buying diesel to power street lights. He let it slip that there are a total of 31,446 street lights in the state. This he made known while speaking at the Lagos Means Business Event which was held at Victoria Island.

From an analytical calculations made by Secret Reporters statisticians, it was found out that from the given sum, an average of N1 billion Naira is used per month for the powering of street lights.

A further breakdown of this revealed that N330 million naira is used every day. This gives a final breakdown of N10.4million spent on one street light per day.

Independent findings by us revealed that it costs a little above One Hundred Thousand Naira to power a Mikano Generator than can power twelve street lights on one kilometer road, thus bringing an obvious perpetration of defrauding Lagos State by the Ambode’s Government. Where then did Ambode get his N10.4 million mathematics of powering just one single street light in Lagos, remains the big question?

Attempts to get the names of contractors responsible for the supply of these disel proved abortive, as the Commissioner for Information phone line was not available.

1 COMMENT

  1. You are wrong in your calculations. You need to settle down and do it again. Given the data you provided, it costs #10,400:00 per street light per day which I agree with you is still a reflection of waste and fraud even if the street lights are to be on 24/7 which again I know is not the case since the street lights come on only at night.

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