FG's Bailout Fund Not Meant to Pay Workers' Salaries - Ahmed

Date: 2015-07-24

Kwara state governor, Alhaji Abdulfatah Ahmed Thursday clarified the issue of the federal government's bailout fund to the 36 states of the federation, saying that the it was not meant to pay outstanding salaries and allowances being owed workers and pensioners. Rather, he said, the it was to restructure the debts of the states of the federation in various banks and financial institutions in order to give them a new lease of life to run the day to day administrations of their affected states. It would be recalled that striking council workers in the state had begged stakeholders in Kwara state to help appeal to the state government to use the bailout funds from the federal government that accrued to the state to offset their outstanding salaries and allowances.

But Ahmed in his monthly personality programme tagged ," Governor Explains", held in Ilorin on Thursday, said that the bailout has to do with restructuring of existing loans because states had not been able to pay salaries of workers because of two things, first , is that there is drop in federal allocation and second is that states have incurred debts that had made their cash flow to be under pressure.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Taibat Ayinke Ahmed     Fola Consultant     March 28     Kwara Teaching Service Commission     Atunwa     Oluwatoyin Lukman     Abdul-Rahoof Bello     Sidikat Alaya     Otoge     Afonja     Oko-Erin     Toyin Abdullahi     Damilola Yusuf Adelodun     Bello Taoheed Abubakar     Oro Grammar School     Adeola Abraham     Volunteers Of Ilorin Community And The Emirate     Kwara North     Haruna Olawale Sulaiman     Ijagbo     Awwal Jawondo     Abdulrasheed Akogun     Issa Memunat Moyosore     Ophthalmological Society Of Nigeria     Obasanjo     Yahaya Abdulkareem     Okin Malt     Abdulrosheed Okiki     Olupako     Yakub Lai Gobir     Aishatu Ahmed Gobir     Abdul-Rasheed Na\'Allah     Illyasu Abdullahi     Ayedun     Usman Yunusa     Chief Imam Of Ilorin     Omotosho     Sardauna Of Ilorin     Chikanda     Aro Yahaya     Shaaba Lafiagi     Musa Yeketi     Grillo     Kaosarah Adeyi     Rasaq Jimoh     Ile Arugbo     Adisa Logun     Abraham Ojo     M.Y. Abdulrahaman     Abdulganiyu AbdulAzeez     Michael Nzekwe     Bolakale Kawu Agaka     Aliyu Sabi     Firdaos Amasa     Valsolar Consultoria     Kaiama     Joshua Adeyemi Adimula     Gabriel Fashanu     Femtech     Yahaya Dumoye     Lawal Jimoh     Photo News     Unicontinental Construction Company     Yusuf Lanre Badmas     Oju Ekun Sarumi     Waheed Ibrahim     Ibrahim Mashood     Abdulkadir Jimoh     Ahmed Bolaji Nagode     Nigeria Computer Society     Najim Yaasin     Saka Balikis Kehinde     Onilorin Of Ilorin     Mutawali Of Ilorin     Alimi Abdulrazaq     Asa LGEA School     Tanke Road    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

KW-GIS     Kulende     Peculiar Allowance     Ibrahim Taiwo Road     Alapado     Maryam A. Garuba     Babata     Omu-aran     Sulyman Age AbdulKareem     Mohammed Lawal     Iyabo Adisa Ibiyeye     Leke Ogungbe     Federal Road Maintenance Agency     Face Masks     Olofa Of Offa     Ilorin South Constituency     Muhammed Danjuma     Zubair Folorunsho Erubu     Haruna Tambiri Mohammed     Awwal Jawondo     Sheikh Hamzat Yusuf Ariyibi     Government High School Adeta     International Public Sector Accounting Standards     Saka Onimago     GRA     Abdulmumini Sanni Jawondo     Photo News     Student Learning Support Helpline     Balogun Ajikobi     Olatunde Michaels     Tunji Arosanyin     Ahmed Mohammed Rifun     Ilorin East     GAMA     Millennium Development Goals     Isa Aremu     Adamu B. Yaqubu     General Hospital     Kola Bukoye     Gurei     Kazeem Gbolagade     Samuel Adedoyin     Mumini Ishola Hanafi     College Of Arabic And Islamic Legal Studies     MMWG     Abdulquawiy Olododo     Olabode Towoju     Abdulrahman Abdullahi Kayode     Kolawole Akande     Yahaya Abdulkareem     Ibrahim Kayode Adeyemi     Nigeria Computer Society     Oba Abdulkadir La\'aro     Ile Arugbo     Ayodele Olaosebikan     AbdulRaheem Ahmad Shayi     Yunus Lawal     Aliyu Adebayo     Bola Shagaya     Olohungbebe     Tsaragi-Share     Florence Saraki     Okedare     Isapa     Dar-Al-Handasah Consultants Ltd     Bankole Omisore     Abdulrasheed Akogun     Kayode Issa     IYA YUSUF     Ilorin West/Asa Federal Constituency     Raliat Islamic Foundation     Oba David Oyerinola Adedunmoye     Emmanuel Olatunji Adesoye     Simeon Sule Ajibola     EndSARS     Sarakite     Owu Fall