Plateau re­ceives sec­ond bailout, clears March to May salary ar­rears

Daily Trust - - NEWS - From Lami Sadiq, Jos

The Plateau State gov­ern­ment said it had cleared its three months’ back­log of salary ar­rears for March, April and May fol­low­ing its re­ceipt of the sec­ond tranche of salary bailout amount­ing to N5.2 bil­lion from the fed­eral gov­ern­ment.

Daily Trust re­ports that the state gov­ern­ment had in the last quar­ter of last year re­ceived the first batch of bailout funds in the sum of N5.3 bil­lion.

State Com­mis­sioner of Fi­nance Tamwakat Weli said in a press con­fer­ence in Jos that the bailout was dis­trib­uted be­tween the State and lo­cal gov­ern­ments with N1.2 bil­lion for the LGs and N4 bil­lion to the state gov­ern­ment.

Weli said the sec­ond batch of bailout had also cov­ered out­stand­ing ar­rears of Jan­uary and Fe­bru­ary salaries, ad­ding that Gover­nor Si­mon La­long had ap­proved that the dif­fer­ence in the short­fall of May salaries and the Novem­ber and De­cem­ber pen­sion ar­rears be sourced and paid.

She said the state had qual­i­fied to ac­cess the Fed­er­ally Guar­an­teed Con­di­tional Bud­get Sup­port Loan of N14.1 bil­lion which will be dis­bursed in three tranches, ad­ding, “The money will be dis­bursed in to the State in three tranches of N1.3 bil­lion for three con­sec­u­tive months. There­after, the bal­ance will be dis­bursed over a pe­riod of nine months in equal amount of N1.1 bil­lion at the in­ter­est rate of 9% for a ten­ure of one year mora­to­rium be­fore pay­ment be­gins.”

Photo: FRSC

From right: District Gover­nor for the In­ter­na­tional As­so­ci­a­tion of Lions Clubs, Chief Paul Uchenna Muo­tolum the Corps Mar­shal of FRSC Dr Boboye Oyeyemi ,and the Deputy Corps Mar­shal ,Mo­tor Ve­hi­cle Ad­min­is­tra­tion, Charles Teophilus dur­ing a cour­tesy visit to the Corps Mar­shal by the district gover­nor in Abuja yes­ter­day.

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