Bailout Funds – InfoStride News

Campaign for Democracy gets new Gen Sec, condemn Demands for fresh Bailout Funds by Governors

Ade Adewale — Sun, 22 Oct 2017 15:25:59 +0000

Following the expulsion of General Secretary Goodluck Obi for lack of integrity as a disciplinary measure, Nigeria’s foremost pro-democracy group, Campaign for Democracy (CD) at a special convention recently held has elected a new secretary. The group, following the recommendation of a 5-man disciplinary panel which deliberated on the imperatives, unanimously elected Comrade Ifeanyi Odili [...]

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Bailout Funds: 20% for Pensioners, Niger State promises

Ebuka Oka — Thu, 17 Aug 2017 15:49:14 +0000

Director-General of the Niger State Pensions Board, Malam Tinau Muhammad, says the state will use 20 per cent of its bail out funds for settlement of all outstanding allowances of pensioners. Muhammad disclosed this on Tuesday at a 3-day sensitisation workshop on “Effective Pension Management and Administration in the state” in Minna. “I will reiterate [...]

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Some Pensioners in Edo State demand Investigation of Bailout Funds

Kunle Edun — Fri, 14 Jul 2017 10:53:39 +0000

Concerned pensioners in Edo State under the aegis of Most Aggrieved Pensioners on July 12,2017 led a peaceful protest to the office of the Economic and Financial Crimes Commission (EFCC) over the non payment of their pension entitlements by the Edo State government . The group carried placards with various inscriptions: “Mr. Governor, Fulfil your [...]

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Senate Bailout Probe: Governor Aregbesola Diverts Osun Bailout Funds, Says Civil Group

Ade Adewale — Tue, 15 Nov 2016 18:09:25 +0000

Following the Upper Chamber of the National Assembly (Senate) resolution to probe the Osun State governor, Mr. Rauf Adesoji Aregbesola, a civil group, Civil Societies Coalition for the Emancipation of Osun State (CSCEOS) had insisted that Mr. Aregbesola diverted over N16 billion out of the almost N35billion bailout funds accrued to the State by the [...]

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Some Governors Are Diverting Bailout Funds – NLC

Wale Adebayo — Fri, 02 Oct 2015 00:11:09 +0000

The Nigeria Labour Congress (NLC) has accused some governors of diverting the bailout funds from the Federal Government meant to pay workers’ salaries and pensions, into fixed deposit accounts for personal gains. NLC President Ayuba Wabba made the allegation in his message to Nigerians for Nigeria’s 55th Independence anniversary. According to him, such action was unacceptable [...]

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Bayelsa > Why We Won’t Draw Share Of FG Bailout Funds – Governor Dickson

Wale Adebayo — Wed, 23 Sep 2015 22:42:02 +0000

Bayelsa State government says it will not draw its share of the 222 billion naira approved by the Central Bank of Nigeria (CBN) for states to clear outstanding workers’ salaries. The News Agency of Nigeria (NAN) reported that CBN has approved N12.85 billion for the state. So far, only 19 states have drawn from the [...]

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