FG RELEASES ANOTHER TRANCHE OF PARIS REFUND TO STATES’ - OYA Magazine
Don't Miss

FG RELEASES ANOTHER TRANCHE OF PARIS REFUND TO STATES’

By on July 18, 2017

By Bankole Wright

The Nation reports that another tranche of Paris Club refund has been paid to states,

According to the newspaper, Ekiti received N4.772 billion while Abia got N5.715 billion.

Governor Ayo Fayose’s Media Adviser Lere Olayinkaconfirmed Ekiti’s receipt of the second tranche.

Commisioner for Finance Obinna Oriaku confirmed that of Abia to The Nation.

In the first tranche, a total of N516 billion was released to the 36 states and the Federal Capital Territory (FCT).

Oriaku said Abia git lower than the N11 billion to N12 billion it was expecting. .

He said the state could no longer meet up with its promise to clear all arrears of wages at the end of this month because of the reduction in its entitlement.

Oriaku said labour leaders were informed of the development at a meeting yesterday, adding: “Despite the shortfall, Governor Ikpeazu has instructed that the funds be committed wholly to salary arrears”.

He said the committee of government officials and labour leaders that shared the first tranche would also share the second tranche, adding that areas that needed more attention would be given priority.

According to him, Ministries, Departments and Agencies (MDAs) workers were owed one month salary. Some agencies’ workers are owed much more, he added.

About Bankole Wright

Leave a Reply

Your email address will not be published. Required fields are marked *