ENUGU—Contrary to the Central Bank
of Nigeria’s,CBN,position that Enugu State has received N4.207 billion
as bail-out funds designed by the Federal Government to ease financial
difficulties in payment of workers salary arrears,the state government
yesterday,denied to have received such funds.
Reports indicated last week that the state was among five additional states that have received bail-out from CBN.
In a telephone chat with Vanguard,the Chief Press Secretary to the
governor,Mr. Uwakwe Abugu who contacted the Commissioner of
Finance,faulted the CBN’s position, adding that the state was not owing
workers salaries.
Abugu said,”the government is not owing worker’s salaries. The
bail-out accruable to Enugu State is meant for the payment of pension
arrears and salaries due to casual workers.
“The CBN has placed conditions for states to access the bail-out.
The state executive council must meet and approve the bail-out. It will
then be sent to the House of Assembly for consenting and an Irrevocable
Standing Payment Order,ISPO, issued to enable CBN deduct at source when
allocations become available.”
Meanwhile, Vanguard checks revealed that apart from the Ministries in
the state,most parastatals,departments and agencies were being owed
between six-twelve months salaries arrears.
Some of them includes; Enugu State Transport Company,ENTRACO; Daily
Star, Enugu Water Corporation, Enugu State Printing Company,among
others.
Source: Vanguard
No financial bailout fund for Enugu
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