₦airaland Forum

Paris Club refund: FG bars states owing salaries 
Punch Newspapers / Agency Report / 17 minutes ago


The Federal Government said states must clear the backlog of salaries and other related staff arrears before they would be able to access the remaining 2.69 billion dollars Paris Club Refund.

The Director of Information, Federal Ministry of Finance, Mr Hassan Dodo, on Tuesday, said the Federal Government would commence phased payments of the refund to the states once the condition and several others were met.

“The DMO led the reconciliation process under the supervision of the Federal Ministry of Finance. The final approval of 2.69 billion dollars is subject to some conditions.

“Salary and staff related arrears must be paid as a priority. Also, commitment to the commencement of the repayment of Budget Support Loans granted in 2016 must be made by all states.

READ ALSO: Is the release of N16.6bn Paris Club refund to Osun right?

“Furthermore, they must clear amounts due to the Presidential Fertiliser Initiative and make commitment to clear matching grants from UBEC.

“This is in cases where some states have available funds which could be used to improve primary education and learning outcomes,” Dodo said in a statement.

Recall that the issue of Paris Club loan over-deduction had been a long-standing dispute between the Federal Government and the state governments, dating back to 1995.

In response to the dispute, President Muhammadu Buhari directed that the claims of over-deduction should be formally and individually reconciled by the Debt Management Office.

This reconciliation commenced in November 2016.

As an interim measure to alleviate the financial challenges of the states during the 2016 recession, the President had approved that 50 per cent of the amounts claimed by States be paid to enable them clear salary and pension arrears.

This approved sum was released to the states between December 1, 2016 and September 29, 2017.

NAN

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Now when alerts don come nobody talk ooo

Rexmarysweet:
Just one paid via zenith on this platform. Doesn't sound good anyway. I pray alerts rain in today. To be candid, Gov Wike administration is a mess

Not only one paid but only one alerted the house

darkstan:
Which LGA? Is it UBE or Senior Secondary?

LGA no matter. The fact is Zenith has paid

gold360:
Zenith guys... Should we hold crusade for you before you break the alert news to us? Lols

I wonder what is delaying payment of salaries when fed allocation have been shared. Workerholic governor indeed

kingsjeroneyah:
Nomination as to what

Nomination as to who will become the next APC guber candidate in Rivers State

TheWatchDog:
Why calling her Prophet of doom? did she insult or malign anyone? she only gave a piece of advice, which is true considering the current trend of things going on in the State. I hope you are aware of the N117 Billiond drawn over the counter from ZENITH bank without any trace of meaningful transactions as to payment of salaries or contract. This has led EFCC to invite RVSG officials which Gov. Wike has kicked against it because of his secret deal. Pleas don't call her prophet of doom, her advice was welcome.

117 gini That kind money dey this state. And them no wan pay us our 2016 February and March money. Hmm were is God ooooo

FAAC: FG, States, LGs share August allocation [Breakdown]Published on August 30, 2018 By Wale Odunsi

Federal, states and local governments on Thursday shared N714.8 billion revenue generated in July.

The figure indicated a decline of N107.1 billion when compared to what was generated in June.

The Minister of Finance, Mrs Kemi Adeosun, while briefing newsmen in Abuja on the outcome of the monthly Federation Account Allocation Committee (FAAC) meeting, highlighted several factors that impacted negatively on the month’s income.

“Crude oil exports sales volume was 3.74 million barrels showing an increase of 0.17 million barrels when compared with the previous month sales of 3.57 million barrels.

“Despite the improved revenue, production was negatively affected in the period by shut-ins and shut-down at various terminals for repairs and maintenance of ageing facilities.

“The value Added Tax (VAT), import duty, Companies Income Tax (CIT) and Oil Royalty decreased, while Petroleum Profit Tax recorded an increase,” she said.

Adeosun, giving a breakdown of the revenue generated, said that N376.14 billion was generated as mineral revenue, while N221.8 billion came from non-mineral resources.

The minister said that Federal Government received N269.8 billion, states N136.85 billion and local government N105.5 billion.

She said that N44.96 billion was also shared among the oil producing states, representing 13 per cent of the oil revenue generated in the month of July.

endy83:
Thursday,friday alert will start raining,trust me.

Hmm

sunnysos:
Are u the only one in Zenith bank in this group... Others should also confirm too. Hmm, very strange.

No he or she is not the only one. But he or she dimmed it fit to let us know

Chibuking81:
Unpaid salary as main reason PDP was voted out from Ekiti.
This suppose to serve as a note of warning
/noticed to governors to be workers friendly.

Since more than 10 years in Rivers state, teachers has not been promoted, the one done has not reflected in their salaries.

Those employed about five years ago has not been promoted at all, even their steps has not changed.

Those of us whom didn't received their February and March salary 2016 till now, the money has not been paid.

The interest free revolving loan its form was filled, no sign of it coming soon. General election is just only 7 months to go.

As matter of urgency, governor should give teachers double promotion, pay their February/ March 2016 unpaid salary. Give them interest free revolving loan he promised.

Anything done at late hours is considered by the educated working class citizens as fake. This include the late hours promotion, as was done in Ekiti state.

United state recently categorized vote buying with money during election as part of election rigging, (Ekiti state as a case study) educated citizens view it as fake.

Capital projects and human projects are both important, but the most important is human project or human development, which has positive impact in the economy life of the state and her citizens.

Our governor should hasten his feet, to address the workers challenges, most especially teachers who constitute upto half of state civil servants.

Together with their families, they has significant number/ voting strenght in the state more than any other state ministry or establishment.

They should command more attention.

True talk. A word is enough for the wise

muami:
What happened to the alerts na? Stanbic how far?

I wonder

kebosky:
My friend at ICT sent this to me. Something about all RVSG staff registering and updating personal data online. Deadline is 15th Feb, 2018

thanks for sharing

nick4lifeng:
I thought they said there is a ban on transfer or something like that, one of my colleagues just showed me his transfer letter to another school in another LGA & he has resumed work there. Wonders shall never end!

long legs I guess

pee30:
How sure are we that zenith bank has received their December salary

Zenith has received. I confirmed from my friend using Zenith

Caringpro:
Thank God Zenith bank jst paid
Mr project you dey try ooo. I can now flex my Xmas

I just asked a friend who uses Zenith and she said nothing like that. So what's going on?

Diamond bank alert received

Cruize306:
My mum, a retiree just got alert for february.

Ours might be on the pipeline.

HAPPY BIRTHDAY TO ME

Happy birthday. God bless ur new age

Happy New Month People

Hello colleagues and Merry Xmas. Please I did not receive my July alert. Please do advice how do I go about it?

etin06:
Abeg who know if ecobank don pay? cos person dey owe me there ooo

yes eco has paid

Diamond Bank alert for June received. PPSB

kebosky:
Diamond bank just credited one month (June arrears) SSSB Abolga. It seems this Governor wants to pay only one month from all the arrears. Anyway I dey look like luku luku

It has always been one arrears before the other. So my broda Just Chilax

joyblinks:
Seriously When today?

Yes Joyblinks I was seated with my friend when her alert just pump in and I smiled like it was mine that came in

joyblinks:
Chibuking81.
Why are you crying more than the bereaved? People wey shishi no dey MMM na dem they cry pass. Who even told you MMM has crashed? Make ona shift go one corner abeg.
Back to topic.
I pray our arears drop before dec ending oo...

zenith has paid for june

Diamond Bank alert received. PPSB Ahoada East

onlyhandsome202:
was told diamond bank has been paid, pls is it true?

My dear we ve not received any alert from Diamond Bank oooo

ChyChy17:
No other alert? Only two people? Ha! O di egwu!

My dear I tire ooo

gold360:
No drug is as effective as a bank
credit alert.. It can wake up your
dead cells in a matter of minutes,
return your lost appetite and even
make you smile at a funeral
service..
May credit alert be a regular part of
our lives....

Lolz

waliezi:
Gov. E N Wike thank you for the up to date salary payment.

What is up to date in the salary payment?

Diamond Bank alert received. PPSB Ahoada East

emekatex:
1 month received. Unity bank. The month not specified.

Good. Now u should note that ur info is also incomplete