Categories: Local

Edo Govt Lends N850m To LGAs To Pay December Salary

File photo of Edo State Governor, Godwin Obaseki

 

The Edo State Government says it has loaned local government councils in the state, the sum of N850 million to clear salaries of council workers for December, in lieu of the release of Federation Accounts Allocation Committee (FAAC) allocations to the councils.

The state governor Godwin Obaseki on Wednesday said he got the recommendation from the state’s ministry of finance which confirmed that the councils are yet to receive an allocation from the Federation Account even after the December 18, 2021, FAAC meeting in Abuja.

He disclosed this during an onboarding programme for his political appointees at the John Odigie-Oyegun staff training centre in Benin City, the Edo State’s capital.

READ ALSO: Police Service Commission Promotes Two AIGs, Over 7,000 Others

The governor said its prudent management of public resources, made it possible to settle salaries and pension of state workers since December 14 from its Internally Generated Revenue (IGR).

According to the Finance Ministry who were part of the virtual FAAC meeting of December 18, where N675.9billion was shared among the three tiers of government, Edo state local government authorities have not been able to access their funds thereby putting them in a financial crisis.

In view of this, however, the executive council agreed that the State Government advance the 18 local government councils in the state a bailout to enable them to clear the salary of their workers.

Ronke Idowu

Disqus Comments Loading...
Share
Published by
Ronke Idowu
Tags: December Salary Edo Govt

Recent Posts

  • Sports

Burnley-Everton Joins List Of Premier League Games Postponed By COVID-19

  Burnley's match at home to Everton on December 26 has become the latest Premier League fixture to be postponed…

12 mins ago
  • Info Tech

Russia Fines Google $98m Over Banned Content

  A Moscow court slapped Google with an unprecedented hefty fine of nearly $100 million on Friday as Russia ramps…

1 hour ago
  • Local

Christmas: Our Commitment To Reform Nigeria’s Policing Architecture Remains Unwavering – Dingyadi

  The Minister of Police Affairs Maigari Dingyadi has assured Nigerians that the Federal Government is committed to reforming the…

1 hour ago
  • Headlines

Yuletide: FG Declares Free Passenger Train Rides

  The Federal Government through the Ministry of Transportation has in the spirit of Christmas declared passenger trains across the…

2 hours ago
  • Headlines

Christmas: ‘Invoke The Indomitable Spirit,’ Buhari Tells Nigerians

  President Muhammadu Buhari has called on Nigerians to rekindle hope in the country, urging them to use the Christmas season…

2 hours ago
  • Local

Court Orders NSCDC Commandant To Forfeit 60 Buildings, Land To FG

  A Federal High Court in Abuja has ordered the final forfeiture of 60 buildings illegally acquired by a former…

2 hours ago