Ekiti government rejoice with N3.9billion paris club funds

The Ekiti State Authorities, on Thursday, obtained N3.9 billion from the Federal Authorities because the final tranche of its Paris Membership refund.

The state bought the N3.9 billion after a deduction of N3.three billion, as directed by the President, which was paid as excellent 2016- 2018 counterpart fund for Common Primary Training Fee (UBEC) being owed by the state.

Consequently, the State Governor, Dr. Kayode Fayemi, has directed that the N3.9 billion Paris Membership refund be utilized to pay one month of excellent arrears to state and native authorities employees, academics and pensioners, according to his promise to Ekiti employees and other people.
This will probably be executed with an augmentation from inner financial savings.

In line with a press release by the Chief Press Secretary to the Governor, Mr Yinka Oyebode, the Paris Membership refund was obtained following President Mohammadu Buhari’s intervention within the matter, after Governor Fayemi’s final week go to to the President.

Governor Fayemi expressed appreciation to the President for the well timed intervention, having assured employees within the state that his administration would discover all avenues to clear the 5 to eight months wage arrears owed employees within the state by the quick previous administration, inside an affordable interval.

Governor Fayemi, had whereas fielding questions through the month-to-month “Meet Your Governor” programme on tv and radio final week re-assured employees that he was but to obtain the Paris Membership refund, including that he would make it public as soon as the state obtained the fee.

The quick previous administration of Mr Ayodele Fayose had obtained a complete N18.34 billion Paris Membership refund in three tranches between December 2016 and December 2017, along with bailout funds, finances help funds and extra crude help, all totalling about N55 billion, however didn’t utilise it on wage being owed employees and retirees.

The primary tranche of the Paris Membership refund totalling N8.87 billion was obtained in December 2016. The state additionally bought N4.77 billion in July 2017 and one other N4.7billion in December 2017.

Governor Fayemi has nonetheless assured employees within the state that his administration won’t owe them salaries, including that he would clear excellent salaries for all classes of employees inside one 12 months.

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8 Comments

  1. Thanks hope that money is not embezzled

  2. Very good one

  3. Good news

  4. Odiegwu ooo

  5. That’s nice just use it wisely

  6. Good idea

  7. New year shashaa

  8. Great news

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