Edo - Edo State Governor, Adams Oshiomhole, has revealed that none of the 36 state governors had received his state’s share of the N713.7bn bailout fund from the Federal Government, Punch reports.
Oshiomhole explained that while he was unaware of any disbursement, there were conversations going on between the governors and the Federal Government.
He added that President Muhammadu Buhari had been “extremely positive” in recognising that he did not want to preside over a country whose workers were not paid.
Also read: Buhari approves N804.7bn bailout for states
President Muhammadu Buhari approved a comprehensive relief package designed to end the lingering crisis of unpaid workers’ salaries in several states of the federation, Vanguard reports.
In addition to the direct cash bailout, the three tiers of government will be sharing $1.7 billion from the Excess Crude Account (ECA), effectively emptying the account meant to shield the economy from exogenous shocks.
Read more at Punch
- News 24