Now we know why Governor Mimiko said he would pay all the outstanding salaries by Monday if Jegede was voted for: Goodnews! Federal Government Credits OSG Bank Account With N82 Billion -CBN ********** The thirty-six states of the Federation collectively received over $4bn being the over-deductions on Paris and London Club Loans on the accounts of State and Local Governments from February 1990 to March 2002. Nasarawa State received over N68bn, CBN confirmed. Details from both the CBN and Federal Ministry of Finance headquarters showed neighboring States, Kogi received about N80bn, Plateau and Benue got N75bn and N91bn respectively. Meanwhile, the states of Osun and Edo got N84bn and N82bn respectively. The monies were credited into the respective accounts of all the 36 states of Federation on Monday 21st November, 2016. While that of Plateau State was paid into a UBA account (1019894291), that of Nasarawa State as confirmed from Govt. House was paid into Fidelity and Skye Banks for State Govt. (N46bn) and Local Govts. (N22bn) respectively. Regrettably, most of the 36 states governors don't want the general public, especially civil society organizations (CSOs) to know about these monies, hence the secrecy. However, approving the disbursement of this sum of over $4b to all the 36 states in naira, President Muhammadu Buhari directed the States Governors to use the monies to settle the civil servants salaries and welfares. We hope with this money, Governors will pay civil servants their salaries in full, both at the state and LGAs levels, to ameliorate the suffering of our people as directed by President Buhari. Start calling on the EFCC and ICPC to monitor the spending of these huge $4b disbursed to the 36 states governors.
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