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Wednesday 8 July 2015

Fayose Explodes Again, Rejects Ekiti State’s FG Salary Bailout Report

Fayose Explodes Again, Rejects Ekiti State’s FG Salary Bailout Report

Ekiti State Governor, Ayodele Fayose, has rejected the notion that the N413.7billion shared from the Nigeria Liquefied Natural Gas funds by the tiers of government was a Federal Government bailout to states.
Mr. Fayose said in Ado-Ekiti on Tuesday that the N2.1billion allocated to Ekiti State from the $2.1billion fund was a legitimate earning and not a bailout from the Federal Government as being erroneously claimed.

Mr. Fayose said the N2.1 billion was part of the statutory earning due to Ekiti as one of the federating units in the country. He declared as false the insinuation that it was a federal government bailout to assist states offset salary arrears. Mr. Fayose said the clarification was necessary as result of the reports that listed the state among those that got a bailout from the Federal Government.

The governor noted that the N2.1billion could not pay the state’s N2.6billion wage bill for June. “For the N2.1 billion that is to be given to Ekiti, I want to make sure that I do not leave any gap,” he said. “Our wage bill is about N2.6 billion. I will find means to add to it to pay June salary within the next one week.” Mr. Fayose said his administration had not borrowed money since it assumed office, and assured that he would not renege on his determination to see the people live a meaningful life.
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