According to Governor Rauf Aregbesola, the government will not be able to pay the State Secretariat’s electricity bills, let alone its N2.6bn wage bill.
According to Governor Rauf Aregbesola, the
government will not be able to pay the State Secretariat’s electricity bills,
let alone its N2.6bn wage bill.
The Osun
State government has
announced that it will be unable to pay State workers their March salaries.
March’s federal allocation represents a significant decline from
February’s allocation of N1.677bn. Additionally, Osun State
received N19.418m and N726.1m from the exchange rate gain and value added tax,
bringing the total February allocation to N2.423bn.
The reason for Osun
State ’s insufficient
funding comes from debt obligations amounting to over N2bn. The debt payments
included external debt and an irrevocable standing payment order (ISPO).
Every other state was granted a March allocation of at least
N1bn, with Akwa Ibom, Delta, Lagos , and Rivers States
topping the list with N8.557bn, N6.062 bn, N6.612 bn and N5.427bn, respectively.
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