Ruling party hails relief package for bankrupt states



from AUGUSTINE OSAYANDE in Abuja, Nigeria
ABUJA, (CAJ News) – THE ruling All Progressives Congress (APC) has welcomed the debt relief programme President Muhammadu Buhari has approved to help bankrupt states pay their workers.

The N1,2 trillion package would come as a relief to workers owed salaries for several months as well as help states restructure their commercial loans currently put at over N680 billion.

“History is repeating itself before our very eyes,” APC spokesperson, Alhaji Lai Mohammed said.

“Some 31 years ago, Buhari, then as a military head of state, also inherited a huge national rot similar to what has been bequeathed to it by the NPN government and had to approve 480 million Naira for the payment of arrears of workers’ salaries. Truly, the President is a man of destiny.”

Mohammed blamed the immediate past ruling party, the People’s Democratic Party (PDP) for the challenges facing the states.

“The PDP that spent the past 16 years plundering and pillaging Nigeria has boasted that the Nigerian people will soon come, cap in hand, to beg them to return to power. What delusion! What arrogance!”

APC said following the approval of the debt relief programme, thousands of workers would be given a new given a new lease of life.

“We thank Nigerians for voting the APC into power at the centre and for believing in us even when the horizon became hazy, not out of our making but because of the misdeeds of the past.

“By their relentless support for President Buhari and the APC, Nigerians have indeed demonstrated that what is worth fighting for is worth defending,” Mohammed stated.

At least 12 of the 36 states of the federation are believed to owe workers over N110billion in salaries and allowances.

The worst hit are Bauchi, Benue, Ekiti, Kogi, Kwara, Ondo, Osun and Plateau States.

– CAJ News







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Posted by on Jul 7 2015. Filed under Africa & World, Featured, Finance, Finance & Banking, News, Regional. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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