The Museum of West African Art (MOWAA) has released a financial audit detailing the costs associated with its Benin institute, a move that occurs amidst an ongoing dispute regarding the project's funding. The newly published documents indicate that the total expenditure for the institute amounted to N22.26 billion.
According to the audit, Edo State contributed N3.95 billion in cash toward the construction and development of the facility. The release of these figures aims to clarify the financial breakdown of the project, which has become a point of contention between the museum and state authorities.
The publication of the audit comes at a time when questions have been raised about the allocation and utilization of funds for the institute. By providing a detailed account of the costs, MOWAA seeks to address concerns surrounding the financial management of the project.
The Benin institute serves as a significant cultural and educational hub, and its development has been a focal point for discussions on heritage preservation and infrastructure in the region. The specific contribution from Edo State highlights the collaborative nature of the project, despite the current disagreements over funding details.
Stakeholders are now expected to review the audited figures to determine the next steps in resolving the dispute. The transparency offered by the audit may help facilitate further dialogue between the museum and the state government regarding the project's financial status.
<small>Source: Punch Nigeria — read the original story there.</small>