Osun State Will Not Pay State Workers March Salaries
Osun State received only N6.23m in funding for the month of March. According to Governor Rauf Aregbesola, the government will not be able to pay the State Secretariat’s electricity bills, let alone its N2.6bn wage bill.
March’s federal allocation represents a significant decline from February’s allocation of N1.677bn. Additionally, Osun State received N19.418m and N726.1m from the exchange rate gain and value added tax, bringing the total February allocation to N2.423bn.
The reason for Osun State’s insufficient funding comes from debt obligations amounting to over N2bn. The debt payments included external debt and an irrevocable standing payment order (ISPO).
Every other state was granted a March allocation of at least N1bn, with Akwa Ibom, Delta, Lagos, and Rivers States topping the list with N8.557bn, N6.062 bn, N6.612 bn and N5.427bn, respectively.
More Stories
OGUN GOVERNORSHIP POLLS: ADEBUTU REJECTS TRIBUNAL JUDGEMENT, HEADS TO APPEAL COURT
Oladipupo Adebutu, the People's Democratic Party's (PDP) candidate for governor in Ogun State's March 18 governorship election, has disagreed with...
TRIBUNAL: LASPAGA, TRICYCLE RIDERS CELEBRATE SANWO-OLU’S VICTORY AS A LEGITIMATE ELECTED GOVERNOR
By Aishat Momoh. O. The Lagos State Election Petitions Tribunal's decision to recognize Babajide Sanwo-Olu as the legitimately elected governor...
NLC, TUC SUSPEND PLANNED STRIKE, FG TO PAY WORKERS N35,000 EXTRA
The Nigerian Labour Congress, NLC, and Trade Union Congress of Nigeria, TUC, have suspended their planned nationwide indefinite strike action...
WHY TRIBUNAL SACKED GOV. SULE OF NASARAWA
Earier on Monday, the Nasarawa State Governorship Election Petition Tribunal nullified the election of Governor Abdullahi Sule and declared David...
MOHBAD WAS OWING SAM LARRY 2M NAIRA FOR CONTRACT BREACH SAYS GHANI ROTIMI
Olusayo Elutinju Sam Larry, a Nigerian music executive claims Mohbad was owing him money. Larry said he paid Mohbad 2...
VIRAL MAGODO VIDEO: WE GAVE SEIZED FOOD ITEMS TO MOTHERLESS BABIES HOME – LAGESC
The Lagos Environmental Sanitation Corps (LAGESC) has reacted to viral video on social media where its officials enforced environmental laws...