Benue State Workers To Be Paid 2 Months Salary Before Christmas

Benue workers to get two months Salaries before Christmas Benue State Governor, Samuel Ortom disclosed this yesterday.

According to the Governor "We will ensure that workers of the state get two months salaries before Christmas. Though the Paris and London Clubs refund is not enough for the payment of two months, we will make up for what is left".

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Posted: at 11-12-2016 10:18 AM (7 years ago) | Addicted Hero

And What will The 2 Months Salary Will Fetch For Them???

Posted: at 11-12-2016 11:59 AM (7 years ago) | Gistmaniac

I hope no be mouth

Posted: at 11-12-2016 01:50 PM (7 years ago) | Grande Master

 

Posted: at 11-12-2016 03:04 PM (7 years ago) | Hero

abeg governor try, make this xmas a gud one for the civil servnats in ur state

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Posted: at 11-12-2016 04:08 PM (7 years ago) | Addicted Hero

i sincerely hope these state and local politicians don't chop this refund for themselves


As Benue expects N75 billion

The 36 states of the federation are heaving sigh of relief as the Federal Government has approved refund of over-deduction for Paris and London clubs debts made on states by the Debt Management Office.

This coming as Federal Government will anytime from now commence refund of over deduction already cancelled by Paris and London Clubs.

Benue State Commissioner for Finance, Mr David Olofu disclosed to newsmen on Monday that the state government is expecting about N75 billion from the refund.

According to him, “The issue of refund of over deduction of Paris and London Clubs debts was not peculiar to Benue but all the states. At the time this administration came on board, the governors’ forum approached the President who agreed to pay the over deduction to the states.”

“The process for the refund started with the engagement of consultant to reconcile the account with Central Bank of Nigeria and Federal Government.

“During the negotiation of debt cancellation in 2006, states were not carried along so when the governors’ forum met, it was agreed that a consultant be engaged to reconcile the account and both the consultant and Federal Government have come to conclusion.

“The money is the monthly first line charge of the loan from Paris and London Club debts between 1995 and 2002.”

He explained that at the initial stage, it was agreed that 50 per cent of the amount be paid to each of the states but added that, “due to paucity of funds, the Federal Government later approved the release of 25 percent of the said amount.

“The approval has been given by Federal Government but as am speaking to you now (Monday) we are yet to receive alert to that effect.

“So what we are expecting as refund by our local aarrangement is between $ 181 million and $186 million and Central Bank of Nigeria has agreed that the amount be paid at N305 to a dollar, but of now we are expecting something between $45 million and $46million which if converted at CBN approved rate is between N13billion and N14billion.

The commissioner further explained that the state government has decided to use part of the money to offset the salary arrears of civil servants and pension

 http://tribuneonlineng.com/states-start-receiving-deducted-paris-club-debt-refund/

Posted: at 11-12-2016 04:42 PM (7 years ago) | Gistmaniac

at least civil servants will be happy

Posted: at 11-12-2016 08:09 PM (7 years ago) | Hero

Sidon there dey look like zombie,,,,.. I just dey wakaring

Posted: at 28-12-2016 01:57 PM (7 years ago) | Addicted Hero