I will continue going to work. Come on, i thought the motto was "service and humility". Pay or no pay, i'm working!

Nigeria Is Cash-Strapped, Can't Pay Monthly State Allocations And NYSC Allowances!

Sources in several state governments as well as the Federal Ministry of Finance have disclosed to SaharaReporters that Nigeria’s cash flow woes appear to be worsening. For the second month in a row, the Nigerian government was unable to meet the schedule for disbursing monthly allocations from the federation account to states.

Our sources accused President Goodluck Jonathan’s administration of depleting the country’s foreign reserves and recklessly overspending budgeted funds.
One source revealed that the Federal Ministry of Finance has paid March monthly allocations only to some states. The allocations for April and May 2012 remain unpaid. As a result of what some of the sources described as a major cash flow crisis, many civil servants and National Youth Corps members have yet to receive their April salaries or allowances.
In addition, the meeting of the Federal Accounts Allocation Committee (FAAC) has been postponed indefinitely after the secretariat said the earlier meeting scheduled for today and tomorrow was no longer feasible. SaharaReporters obtained a text message announcing the cancellation of the meeting. Sent by Philip K. Angulu, the terse message apologized to recipients for any inconveniences caused by the postponement.

SaharaReporters learnt that the Nigerian National Petroleum Corporation (NNPC) has not been able to make regular payments to the federation accounts as oil marketers and corporation are now deducting their share of profit in offshore accounts to avoid dealing with local bureaucratic bottlenecks.

A source within the Presidency described Mr. Jonathan as a confused pawn in the hands of members of his security team who manipulate him to approve huge “security votes” for the so-called fight against terrorism. “Many of the president’s security advisers just keep deceiving him into releasing more and more cash to them – and they have nothing to show for it,” said the source.

Another source in the Central Bank told SaharaReporters that fuel marketers continue to defraud Nigerians with undocumented and fraudulent claims. “As we speak, I can tell you that the government has virtually spent this year’s budget for fuel subsidies – and we are only in the middle of May,” said the source. He added, “Nigerians are calling on President Jonathan to prosecute those who committed fraud in collecting fuel subsidies in the past. They don’t know that the fraud has actually increased this year.”
One of our sources accused Christopher Kolade, the chairman of the Subsidy Reinvestment and Empowerment (SURE) Committee, of deliberately misleading Nigerians when he claimed that N60 billion has been saved for the implementation of the phantom palliative program put in place by Mr. Jonathan’s government to pacify Nigerians who thronged the streets of Nigerian and foreign cities in January to protest the removal of fuel subsidy. “Dr. Kolade knows that no such fund exists,” said the source, a ranking official in the federal government.

What is Nigeria turning out to be? Just imagine,owing the people who have sacrificed their family,life and others in order to serve their fatherland!Ngozi Okonjo could afford to pay the politicians their allowances while leaving the corpers to languish in hunger all in the name of serving their fatherland.God punish Jonathan and his cohorts and serve Nigeria.This is too terrible.

Mumu country with foolish thief thief demonic leaders

Issokay,.... Issorai... I see...

Haba!!! dis suffering too much.... PLS SUPPORT, OCCUPY CORPERS INTERNET PROTEST......[color=#006600][/color][b][/b]

This is not fair o. Meanwhile mrs jona is cooking designer food in her kitchen. Godiswatching

No be only for Nasarawa;have reliable info that many Corpers are mobilising to stop going to their various PPA from tomorrow.
Very unfortunate!

Quic quid plantantor solo solo cedit

This is how this country will ignite. Jonathan is fighting boko haram with huge security votes, yet he is not working. Nnpc is in debt but oil is being sold by naija. Politicians are only seeking their pocket and nysc peeps are hungry.

More pressure on the government please

mukina2:

Source

"no money to transport ourselves to work"...dats vry funny,ao abt ones dey av paid dem,av dey squanderd it all?....u guyz had beta serve wit humility.

Nigeria is on the brink of COLLAPSE ! I pray that the Youth Corp Members will not turn to AREA BOYS & GIRLS,STREET URCHINS,THIEVES,PROSTITUTES,...............................

Its scary when they said Nigeria is broke, I am even scared right now. No more crude oil money ?

This is really heartbreaking. Please they better pay corp members their allowance.

The two major problems are okonjo and sanusi.. Okonjo made said this and am really what would make nigeria cash_ strapped despite the billions the country make daily. Sanuni came up with his last week regarding the introduction of 5000 and 2000 naira notes. This country suffers a lot not because of the violence of bad people but silence of good people.

ollah1: The two major problems are okonjo and sanusi.. Okonjo made said this and am really what would make nigeria cash_ strapped despite the billions the country make daily. Sanuni came up with his last week regarding the introduction of 5000 and 2000 naira notes. This country suffers a lot not because of the violence of bad people but silence of good people.

GBAM!!!

i beg make them do pay oh,since january i neva colect alawi.na my mumsy dy help me like say i no dy work.

yorke: I will continue going to work. Come on, i thought the motto was "service and humility". Pay or no pay, i'm working!

I beg they don shop ur money

cyril83: "no money to transport ourselves to work"...dats vry funny,ao abt ones dey av paid dem,av dey squanderd it all?....u guyz had beta serve wit humility.

Will you stop talking.I bet you never served or won't ever.how much is 19,800 for an adult?some corpers eat good food o and have people to take care of.

Shey u've forgotten when u were singing under the sunshine and in the rain Nigeria we serve! Oya! Now is the time to proof it, next time don't sing what u will not do!

I don't know reason for delaying their stipends or allowee or whatever. Despite these people surender themselves to serve their fatherland. I just want to appeal to Fg to pay their allowance in time. Abscond or absent from dutyposts is not the best. Let matter be solved amicably.

noit: Quic quid plantantor solo solo cedit

You just started your Land Law class, abi?
And you wan show urself?

This is indeed a confirmation of d fact that our dear nation is broke. Its high time pol ofic holdrs began to reduce their allowances if they r truly thr to serve.

hmmn as tym dey go future dey bad, no money no action, guarantee is d money xpenses..

Govt has removed subsidy on allawi, every corper shld go and generate his/her own allowance. NO MORE SUBSIDY! Una money dey sure-p. GEJ will use it to make bomb available to all by year 2015 so that wen nxt BH bomb u, u bomb back this is sure security for all

Govt no pay NYSC allawie.Some Babes hair don dey smell, BIS don expire,food stuff don finish..

this is too bad.i wonder what Minister for Youth Development is doing.Our leaders should be ashamed of themselves.This is 15th day of the month,corpers have not been paid their April stipend.These leaders are disgrace to themselves.

Its quite unfortunate, despite the huge resources we have and our presence in OPEC, yet the people still suffer perpetually because of some few swindlers, muggers, educated airheads turning the wheels of governance. What a shame!

This is serious o! Corpers dey suffer now afta enjoyin allowie increase.

yorke: I will continue going to work. Come on, i thought the motto was "service and humility". Pay or no pay, i'm working!

GOOD FOR YOU! .... also stopped going to work last week...Good radiance to bad rubbish

Useless leaders! God is watching