Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,225 members, 7,815,284 topics. Date: Thursday, 02 May 2024 at 10:14 AM

List Of 19 States Given Bailout As Released By CBN - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / List Of 19 States Given Bailout As Released By CBN (49056 Views)

Five States Meet Conditions For N90Billion Federal Bailout / Nigerian Ministers And Their Phone Numbers As Released By Sahara Reporters / List Of 19 States Given Bailout Funds By Cbn [see Amount Each State Received] (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

List Of 19 States Given Bailout As Released By CBN by argon500: 10:18am On Sep 19, 2015
CBN Releases Names Of 19 States Given Bailout

The Central Bank of Nigeria, CBN said on Friday that 19 of the 36 states of the federation have so far benefitted from the workers’ salary bailout package.

The states that applied for and received various sums from the aid include Kwara, Zamfara, Osun, Niger, Bauchi, Gombe, Abia, Adamawa, Ondo, and Kebbi, the CBN states.

Others include Ekiti, Imo, Ebonyi, Ogun, Plateau, Nassarawa, Sokoto, Edo and Oyo which were granted their packages this week.

CBN spokesperson, Ibrahim Mu’azu, said the bailout, which was in line with the recent resolution by the National Economic Council, NEC, was to enable the affected states to pay the backlog of workers’ salary arrears.

The package has a 20-year repayment tenor for all states, except Ogun State, which opted for a 10 year tenor.

Mr. Mu’azu explained that contrary to reports that Ogun state accessed N20 billion from the bailout, the state actually received a total of N18.9 billion.
The Nigeria Labour Congress, NLC had on Thursday pledged to work with the Independent Corruption Practices and related offence Commission, ICPC to monitor the use of the N338 billion total bailout meant for use in paying workers.

The Congress directed its affiliate councils in the states to serve as whistle blowers to report any criminal diversion of bailout funds by the state governments.

The states that benefited from the funds, which the NLC said it would monitor include:

Abia (N14.152bn)
Adamawa( N2.378bn)
Bauchi (N8.60bn)
Bayelsa (N12.85bn)
Benue(N28.013bn)
Borno(N7.680bn)
Cross River(N7.856bn)
Delta( N10.036bn)
Ebonyi(N4.063bn)
Edo(N3.167bn)
Ekiti (N9.604bn)
Enugu (N4.207bn)
Gombe (N16.459bn)
Imo (N26.806bn)
Kastina (N3.304bn)
Kebbi (N0.690bn)
Kogi (N50.842bn)
Kwara (N4.320bn)
Nasarawa (N8.317bn)
Niger (N4.306bn)
Ogun (N20.00bn)
Ondo (N14.686bn)
Osun(N34.988bn)
Oyo( N26.606bn )
Plateau (N5.357bn)
Sokoto (N10.093bn)
Zamfara (N10.02bn)



http://www.premiumtimesng.com/news/top-news/190299-nigeria-cbn-releases-names-of-19-states-given-bailout.html

1 Like 1 Share

Re: List Of 19 States Given Bailout As Released By CBN by argon500: 10:19am On Sep 19, 2015
hope the money wont enter one chance.

Happy weekend to you all

12 Likes 1 Share

Re: List Of 19 States Given Bailout As Released By CBN by baralatie(m): 10:21am On Sep 19, 2015
osun and KatsinA money don't lose Ooooo
Re: List Of 19 States Given Bailout As Released By CBN by SonOfTheLion(m): 10:22am On Sep 19, 2015
Ok
Re: List Of 19 States Given Bailout As Released By CBN by omenka(m): 10:28am On Sep 19, 2015
Very good. Very close tabs need to be kept on the movement of this money by release of statements like this periodically so those crooked "excellences" wouldn't divert the monies and tell us fairy tales in the end.

12 Likes

Re: List Of 19 States Given Bailout As Released By CBN by nwannaeto: 10:29am On Sep 19, 2015
I thank God for Anambra state and Peter Obi.

93 Likes 6 Shares

Re: List Of 19 States Given Bailout As Released By CBN by omenka(m): 10:31am On Sep 19, 2015
CUM4WHAT:
NONSENSE
You are trying too hard to become famous on the forum, posting this trash on every single thread. We have noticed you.

Can you stop now

45 Likes

Re: List Of 19 States Given Bailout As Released By CBN by OfoIgbo: 10:38am On Sep 19, 2015
nwannaeto:
I thank God for Anambra state and Peter Obi.

You should be thanking Obiano who has been the governor of Anambra for nearly two years now.
And the projects in Anambra state are still carrying on in a blinding pace with no sign of a slowdown

53 Likes 4 Shares

Re: List Of 19 States Given Bailout As Released By CBN by MyMouth(m): 11:04am On Sep 19, 2015
My state kogi got the highest! Smh

5 Likes

Re: List Of 19 States Given Bailout As Released By CBN by dejitenaj(m): 11:21am On Sep 19, 2015
when will kogi state be in the news for good reasons? so backward

15 Likes

Re: List Of 19 States Given Bailout As Released By CBN by Nobody: 11:44am On Sep 19, 2015
[s]
OfoIgbo:


You should be thanking Obiano who has been the governor of Anambra for nearly two years now.
And the projects in Anambra state are still carrying on in a blinding pace with no sign of a slowdown
[/s]

11 Likes

Re: List Of 19 States Given Bailout As Released By CBN by modath(f): 12:18pm On Sep 19, 2015
MyMouth:
My state kogi got the highest! Smh


Don't shake your head, How do you expect him to get the funds to "win" the imminent elections?


Fayose collected money from his "enemy" , he is chopping what Yoruba call "iwo" (poison) smiley ....

15 Likes

Re: List Of 19 States Given Bailout As Released By CBN by XYZ123: 12:57pm On Sep 19, 2015
What is katsina and kebbi doing on that list
Re: List Of 19 States Given Bailout As Released By CBN by MyMouth(m): 1:06pm On Sep 19, 2015
Even that noisy Fayose sef collect loan! Smh

12 Likes

Re: List Of 19 States Given Bailout As Released By CBN by uduokirika1(m): 1:17pm On Sep 19, 2015
Bailout
Re: List Of 19 States Given Bailout As Released By CBN by SlyIg(f): 2:04pm On Sep 19, 2015
God bless my state for not being a part of this.(Akwa Ibom).

7 Likes

Re: List Of 19 States Given Bailout As Released By CBN by kettykin: 2:18pm On Sep 19, 2015
What is really happening to the south west states of ogun, Osun, oyo, apc states are really very very imprudent and unviable

29 Likes 2 Shares

Re: List Of 19 States Given Bailout As Released By CBN by newheartub(m): 2:20pm On Sep 19, 2015
SlyIg:
God bless my state for not been a part of dis.(Akwa Ibom).
Amen
Re: List Of 19 States Given Bailout As Released By CBN by LRNZH(m): 2:25pm On Sep 19, 2015
MyMouth:
Even that noisy Fayose sef collect loan! Smh

Don't mind the vagabond.

12 Likes

Re: List Of 19 States Given Bailout As Released By CBN by cronsberg: 2:41pm On Sep 19, 2015
Throughout Nigeria's history, i have never seen a state so well positioned and so well placed to be extremely developed than Kogi state with everything a geographical location needs to be fully developed. From Ajaokuta steel, to the large West African ceramics industrial complex, to the confluence of river Niger and Benue, to the ever agile and active populace, to the thousands of square miles of untapped woodland, to the world class Obajana industrial complex, to the massive IPP power plants and many more, yet this very well placed state is disapointingly poor and underdeveloped. The road network of Kogi is a shame to say the least, the pipe borne water and sewage infrastructure is almost non existent, integrated public tranport is also non existent, the state capital Lokoja was recently shown on TVC, it looked like a common local government, a poor one at that, and now the state is trying to borrow 50 billion naira from the FG? of what importance will that be since the state will now spend huge chuncks of its FG allocations for the next 20 years repaying the loans? further depriving the the state of common developement. what a shame

56 Likes 1 Share

Re: List Of 19 States Given Bailout As Released By CBN by asha80(m): 3:04pm On Sep 19, 2015
cronsberg:
Throughout Nigeria's history, i have never seen a state so well positioned and so well placed to be extremely developed than Kogi state with everything a geographical location needs to be fully developed. From Ajaokuta steel, to the large West African ceramics industrial complex, to the confluence of river Niger and Benue, to the ever agile and active populace, to the thousands of square miles of untapped woodland, to the world class Obajana industrial complex, to the massive IPP power plants and many more, yet this very well placed state is disapointingly poor and underdeveloped. The road network of Kogi is a shame to say the least, the pipe borne water and sewage infrastructure is almost non existent, integrated public tranport is also non existent, the state capital Lokoja was recently shown on TVC, it looked like a common local government, a poor one at that, and now the state is trying to borrow 50 billion naira from the FG? of what importance will that be since the state will now spend huge chuncks of its FG allocations for the next 20 years repaying the loans? further depriving the the state of common developement. what a shame
kogi is a potentially richer state than some of the states regarded as rich states in the country?

7 Likes 1 Share

Re: List Of 19 States Given Bailout As Released By CBN by Image123(m): 3:07pm On Sep 19, 2015
Why's Kogi borrowing that much, when their elections are soon? What's Delta and Bayelsa borrowing for? Shameful lot.

7 Likes 1 Share

Re: List Of 19 States Given Bailout As Released By CBN by Nobody: 3:09pm On Sep 19, 2015
SOPHISTICATED STATES GETTING THE HIGHEST BAIL OUT FUNDS

Ogun (N20.00bn)
Ondo (N14.686bn)
Osun(N34.988bn)
Oyo( N26.606bn )

44 Likes 2 Shares

Re: List Of 19 States Given Bailout As Released By CBN by ketiy77: 3:17pm On Sep 19, 2015
'
Re: List Of 19 States Given Bailout As Released By CBN by Lordtrillion(m): 3:25pm On Sep 19, 2015
shocked shocked
Re: List Of 19 States Given Bailout As Released By CBN by OfoIgbo: 3:27pm On Sep 19, 2015
cronsberg:
Throughout Nigeria's history, i have never seen a state so well positioned and so well placed to be extremely developed than Kogi state with everything a geographical location needs to be fully developed. From Ajaokuta steel, to the large West African ceramics industrial complex, to the confluence of river Niger and Benue, to the ever agile and active populace, to the thousands of square miles of untapped woodland, to the world class Obajana industrial complex, to the massive IPP power plants and many more, yet this very well placed state is disapointingly poor and underdeveloped. The road network of Kogi is a shame to say the least, the pipe borne water and sewage infrastructure is almost non existent, integrated public tranport is also non existent, the state capital Lokoja was recently shown on TVC, it looked like a common local government, a poor one at that, and now the state is trying to borrow 50 billion naira from the FG? of what importance will that be since the state will now spend huge chuncks of its FG allocations for the next 20 years repaying the loans? further depriving the the state of common developement. what a shame

Nnaa I agree with you. Kogi should be doing much better than this.

To its south is Anambra state, which is the land of industrialists.
Kogi can position itself as a frontier state that buffers core south from the north, and the authorities can make it extremely business-friendly based on this.

Also a lot of Igbos are now reluctant to invest in far-flung places, and this is a niche Kogi can easily fill. No other state has a better chance than Kogi, in meeting this need. The state government can sponsor investment and business symposia, to notify Igbo investors of the nearness of Kogi state to Anambra.

The majority ethnic group in Kogi is Igala, and their ancestor left Eri-aka (now known as Aguleri), to settle in Idah, and in traditional circles in the Nri towns, they recognize Igala people as relatives, along with the Aguleris, Igbariam, Amanuke e.t.c
Igalas still use the four market days introduced by the Nris, so Kogi has big historical, cultural stick to wield to attract investments and make the state super-viable.

25 Likes 5 Shares

Re: List Of 19 States Given Bailout As Released By CBN by tinkinjow: 3:39pm On Sep 19, 2015
After the toads will say we don't need oil money. Shame. That's why they want the status square sustained.
yeye dey smell

6 Likes

Re: List Of 19 States Given Bailout As Released By CBN by Gboliwe: 3:50pm On Sep 19, 2015
MyMouth:
My state kogi got the highest! Smh

Election is just a few weeks ahead. Guys must chop na.

The way these governors will divert this fund will shock NLC. Let them continue forming "monitoring" spirit.

4 Likes

Re: List Of 19 States Given Bailout As Released By CBN by Gboliwe: 3:51pm On Sep 19, 2015
tinkinjow:
After the toads will say we don't need oil money. Shame. That's why they want the status square sustained.
yeye dey smell

No be only square, even pentagon. tongue

6 Likes

Re: List Of 19 States Given Bailout As Released By CBN by wasco24: 3:51pm On Sep 19, 2015
God help the masses
Kogi
Benue
IMO
Osun
Delta
Ogun and
Even beylsae, gombe and nasarawa That's up to 1 senatorial zone of kano, Lagos still borrow

May God punish our political leader with untimely death

Amen

1 Like

(1) (2) (3) (4) (5) (Reply)

Saraki Reacts To Viral Audio On Helping Buhari In 2015 / Nigerian Soldiers Training In Senegal With British Army (video) / Obi Salutes Gen Babangida At 80

(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. 45
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.