Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,804 members, 7,820,815 topics. Date: Tuesday, 07 May 2024 at 10:19 PM

Salary Crisis: Buhari To Bail Out States - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Salary Crisis: Buhari To Bail Out States (556 Views)

APC Crisis: Buhari Moves To Pacify Tinubu With More Ministerial Nominees-Tribune / APC CRISIS: Buhari Meets Atiku, Oyegun And Others / Salary Crisis: Buhari To Bail Out States - Ortom (2) (3) (4)

(1) (Reply) (Go Down)

Salary Crisis: Buhari To Bail Out States by kinggenesis(m): 6:34am On Jun 13, 2015
Governor Samuel Ortom of Benue State has said that President Muham-madu Buhari would extend bailout to states to enable them offset backlog of salaries and liabilities crippling their economic activities across the country.

He made this known yesterday in Makurdi, the state capital,
during separate meetings with students and other union leaders from the Benue State University, BSU.

Ortom further revealed that his predecessor, Gabriel Suswam left behind a debt burden of over N90 billion for his administration, contrary to the N9.2 billion debt as claimed by the former governor.

Benue is among the distressed states in the country. Others
include Osun, Enugu, Kaduna, Plateau and Imo. Most of the
states or their local governments are said to be owing between four to six months salaries of workers amounting to several billions of Naira.

However, according to Ortom, “the list of the debt (left behind by Suswam) include N50 billion incurred from ongoing contracts, N18 billion on certificated contracts, N12 billion on salary arrears and about N10 billion for bonds and bank facilities and loans.”

He stated that the President had agreed to avail the states some lifeline but noted that Benue State government had concluded arrangements to borrow funds to pay one month of the backlog of salary arrears across board and to also ensure the take off of both the executive and legislative arms of government.

He said the decision was prompted by the need to demonstrate to the state work force that he was determined to address their problems and to persuade striking tertiary institution workers to call off their four-months-old strike.

Earlier, President of the BSU Students’ Union Government, Bobby Taver-shima, had lamented that students of the university had been at home for four months but assured that they would not do anything to jeopardize the administration.

Also, a representative of the National Association of Nigerian
Students, NANS, Gideon Obande appealed to Ortom to clear
arrears of bursary owed students in order to alleviate their
sufferings.

http://www.vanguardngr.com/2015/06/salary-crisis-buhari-to-bail-out-states/#sthash.emx97L9U.dpuf
Re: Salary Crisis: Buhari To Bail Out States by papoose999(m): 6:37am On Jun 13, 2015
.
Re: Salary Crisis: Buhari To Bail Out States by Bishop4bella(m): 6:39am On Jun 13, 2015
If it hit FTC then I comment
Re: Salary Crisis: Buhari To Bail Out States by tyson99(m): 6:41am On Jun 13, 2015
ok :-Xok

(1) (Reply)

Open Letter To Fg From A Wise Individual / 36 Governors Made 6 Demands From Buhari / Tribunal Rules On Ambode’s Objection Today(Friday) pic

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 25
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.