Skip to main content

Buhari Approves N522b To States For Payment of Salary and Pension Arrears

Nigeria President Muhammadu Buhari has reacted to the current economic situation in the country by releasing some cash to state government to off set its back log salary and pension arrears.


President said, “I have approved the disbursement of 522 billion naira to the State Governments, to enable them pay salary and pension arrears, and put money in the economy.”
The President further added that, “we have stipulated that at least 50% of the funds should be dedicated to salaries and pensions, and we will audit disbursements to ensure compliance.”
The Ministry of Finance is currently processing the first batch of 153 billion naira, which, I am told, will be released to 14 States.

The Ministry will provide more details on how the funds will be disbursed and how we will monitor the utilization to ensure that Nigerians receive the full benefits from their State Governors.
“As I said in my Independence Day Speech, I firmly believe that this recession will not last,” Buhari added.

Further more, concern with the economic crunch in the country, President Buhari said, “we should not allow our temporary problems to blind us from the corrective course this administration is charting for Nigeria. We know what our challenges are and we are working very hard to provide solutions that will last.”
The first batch is expected to be disbursed within the coming days to the first 14 states selected to receive the disbursement.


Comments

Post a Comment

Popular posts from this blog

GHANA: NDC condemns NPP attack on members

The National Democratic Congress (NDC) has expressed dissatisfaction about the alleged unprovoked attacks on members of the Party, following the Electoral Commission’s declaration of the results of the 2016 Presidential Elections. “We have received several reports of unprovoked physical attacks on supporters of the National Democratic Congress (NDC), across the country,” a statement issued by the NDC National Organiser in Accra and copied to the Ghana News Agency said. “We wish to request the leadership of the New Patriotic Party (NPP) and President-elect Nana Akufo Addo to call on their supporters to desist from the attacks and contribute to building a more stable democracy. These attacks are nothing more than situations that can only create chaos should the attacked also decide to defend themselves. “While urging the Security Agencies to move in and protect life and property, we believe that our political parties must be interested in promoting political tolerance among...
Post a Comment
Read more

KATSINA: SSG APPOINTS ‘YAR’ADUA’ AS NEW CHIEF PRESS SECRETARY

The Secretary to the government of Katsina State, Dr. Mustapha  Mohammed Inuwa has approved the appointment of Alhaji Abdullahi Aliyu Yaradua as the new Chief Press Secretary of his office. Yar’adua holds a Diploma in Hausa Studies from Katsina Polytechnic; Higher Diploma in Mass Communication from Hassan Usman Katsina Polytechnic and a Diploma in Journalism from International Institute of Journalism (IIJ), Abuja. He also holds a Bachelor of Arts Degree in English from Al-Qalam University Katsina and a Masters Degree in English Literature from Bayero University, Kano. Before his appointment, Yar’adua was the Head of Political Unit of Katsina State Radio and  two terms Chairman of NUJ Katsina State Radio Chapel and the immediate past Secretary of the Katsina state Council of the NUJ.  Credit: Katsinapost
Post a Comment
Read more

Homosexuality: One Auwalu Yusuf in prison for raping 2 boys in KANKARA

A Katsina magistrate court has remanded one Auwalu Yusuf, 25, of Maddobal village in Kankara town for allegedly sodomizing  two teenagers aged between 12-14 years. Yusuf, who was apprehended and handed over to the police by vigilante officers at the community, was charged with unnatural offence contrary to Section 284 of the Penal Code. According to the Police First Information Report read at the court, the accused criminally entised the victims with his money by taking them to Pole Wire side at Dandutse Quarters and individually sodomised them. The prosecutor, Inspector Kabir Mohammed, told the court that the victims reported the matter to their elder brother who in turn reported the matter to the vigilante, adding that upon interrogation, the said Auwal Yusuf confessed to have committed the act. The presiding magistrate, Fadila Dikko, remanded the accused and adjourned t he case to February 23, saying that it was brought for mention only as the court has no jurisdicti...
Post a Comment
Read more