By Barnabas Augustine
In a special press
conference organised by the Adamawa State Ministry of Finance and Budget, the
Honourable Commissioner of Finance and Budget, Alhaji Mamood Sali Yunusa
assured the state civil servants payment of their Leave Transport Grant (LTG). During
the Press Conference, the Honourable Commissioner of Finance and Budget
informed the state that the present Administration of Senator Mohammed
Umaru Jibril came on board on the 29th May, 2015 and inherited many of problems.
Apart from the insurgency problem, the Governor inherited an accumulated unpaid
salaries and allowances from past regimes.
According to the Hon
Commissioner, the Government also inherited unpaid gratuity of state civil
servants of over nine billion naira (N9b) and over five billion, five hundred
and fourty five million, four hundred and fifty four thousand naira only
(N5,545,454,000.00) for Local Government workers. When the bailout scheme came
on, the state government applied for it in line with the Central Bank of
Nigeria (CBN) guidelines. At the initial stage of the application, the arrears
of State and Local Government salaries and allowances came to a total sum of
eighteen billion naira only (N18, 000,000,000.00).
The Apex Bank made an
offer of two billion, three hundred and seventy eight million, three hundred
and sixty thousand naira only (N2, 378,360,000.00). This offer was meant for
only one component, which is the arrears of salary of both the State and Local
Governments Civil Servants salaries. His Excellency, Senator Mohammed
Umaru Jibrilla Bindow in his commitment to settling all the state and Local
Government outstanding salaries, LTG and allowances, directed the Ministry of
Finance and Accountant General's Office to make fresh request of seven billion,
two hundred million naira (N7.2 b) comprising some of the components left
out by the CBN.
With the approval of
the N7.2b, the total bailout fund offered to the state from the CBN through
Zenith Bank PLC stood at nine billion, five hundred and seventy eight million,
three hundred and sixty thousand naira only (N9, 578,360,000.00). The Ministry
of Finance and Budget presented two Executive Memoranda to the Council in
session. The Executive Council approved the request and it was sent to
the House of Assembly which graciously approved it.
According to the
Commissioner, the Governor had already directed the Finance team to work out
modalities for payment of all the outstanding salaries, liabilities, pension,
leave transport grant (LTG) for 2013, 2014, 2015 and other staff claims for
both State, Local Governments, the Judiciary and House of Assembly. Permanent
Secretaries entitlements such as the furniture allowances which for long have
ignored were also included in the bail-out funds.
Hon. Mahmood Sali
Yunusa said the bailout offered by the Federal Government through the CBN and
Commercial Banks are not free gifts. They are loans to be repaid within a tenor
of twenty years at 9% interest rate per annum. Already Government has started
the repayment of two billion, three hundred and seventy eight million, three
hundred and sixty thousan d nara only (N2,378,360,000.00).
The Press Conference
was attended by state Governor, Senator Mohammed Umaru Jibrilla Bindow,
the Deputy Governor Engr. Martin Babale, SSG Dr. Umar Bindir, Head of Service
Barr. Musa Kaibo, Commissioners, Permanent Secretaries including that of the
Ministry of Finance Ms Janet Erick, Accountant General of the State Mrs
Augustina Wandamihya, among other top government functionaries.
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