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Buhari Gives States Govt. N714Billion Intervention Funds To Settle Unpaid Workers Salaries

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Buhari Gives States Govt. N714Billion Intervention Funds To Settle Unpaid Workers Salaries

buhari 714billion unpaid salaries

July 7, 2015 – Buhari Gives States Government N714Billion Intervention Funds To Settle Unpaid Workers Salaries

President Buhari is set to put smiles on the faces of civil servants who are yet to received their salaries since last year.

PMB has approved the release of an urgent N713.7 intervention funds that will soon end the unpaid workers’ plight.

In the package are N413.7billion special intervention funds and the balance of about N250billion to N300billion, which is a soft loan to states.

Also, N413.7b( $2.1b) is sourced from the recent LNG proceeds and the remaining N300b is a Central Bank-packaged special intervention fund.

The Debt Management Office(DMO) is expected to assist states to restructure over N660billion commercial loans.
With the development, President Buhari has stopped deductions from monthly allocations to states at source.

Instead, the Federal Government will “use its influence to guarantee the elongation of the loans for the benefit of the states”.

The beneficiaries of the relief package include workers in Federal Ministries, Departments and Agencies(MDAs) who have remained unpaid for many months.

According to sources, the President took the decision to boost the purchasing power of Nigerians, especially average and low-income earners, and to reflate the economy.

The sources said: “In his resolve to put an end to the lingering crisis of unpaid workers’ salaries in the country especially in many states, President Muhammadu Buhari has approved a comprehensive relief package designed to save the situation.
“Specifically,the President has okayed a three-pronged relief package that will end the workers’ plight.

How kind of him.

14 Comments

14 Comments

  1. Bench

    July 7, 2015 at 4:07 AM

    I was think bifor say this man na bad persin. Maybe he don change small. It mean say devil fit change one day.

  2. Big Daddy

    July 7, 2015 at 5:39 AM

    Change has come, De different is clear b/t De Empty headed jonathan and Cool headed President Buhari (Sai baba)

  3. Prophet Gbenga Rotimi"KINI IWO NFE"

    July 7, 2015 at 6:18 AM

    Let me repeat my word according to the revelation revealed to by the holy spirit “THE ADMINISTRATIVE IMAGE WILL BE STAIN BY SOME POLITICIAN THAT HAS BAD NAMES MANY YEARS BACK IN NIGERIA POLITICE AND THE PARTY NAME WILL BE NO MORE IN THE NEST FEW YEARS, i mean the party will not breakup because i dnot speak negative word”
    President Buhari has a good dream and focusing but his own dream is different from his people do we remember the previous president, late president Yaradua of blessed memory, how is vice become nigeria president and at the end of his administration to show up for, so let us pray for president buhari very well so the enemies plan will not over come him.
    may the Lord empower him more for the work in the mighty name of Jesus Christ(AMEN)
    *08038433483#

  4. iyke

    July 7, 2015 at 6:34 AM

    that is a good start,

  5. sf

    July 7, 2015 at 8:57 AM

    Bench, big !!! u be pdp person.

  6. Promise01general

    July 7, 2015 at 9:54 AM

    The great physician now is near; The record is set to break, don’t know that they av good plan for us

  7. bello

    July 7, 2015 at 10:21 AM

    @prophet benga I say a very big n loud Amen to tht prayer may God bless ur heart n other Nigerians

  8. Abdul Aziz

    July 7, 2015 at 11:47 AM

    prayers is just ur answer for now i really believe in your principles during ur first appearance as the head of this beloved nation you turn things around for better its only those that experience it then will testify,i believe Nigeria would have been by now a duelling place us to leave,”if not for the selfish and devilish minded few people who turned our comfort to bitter. you are not a magician but your thoughts are positive, productive,selfless and to crown it result oriented. although we all have our(-ve) sides but i still respect your gallantry you are a man of your words i would like you to prove to your foes that you are here for real regardless of your age.I believe with the support from the two houses you will bring us back to our lost glories.With this development i believe you are on the right path, prove to them that you are not fake, and save us YOUR DIE HARD SUPPORTERS from the claws of these hyenas.I salute 09031524796

    .

  9. jerry

    July 7, 2015 at 5:02 PM

    Wait a minute; we just heard “I met an empty treasury”. So the so-called “empty treasury” actually contained up to N714 Billion.

  10. Jilo

    July 7, 2015 at 6:01 PM

    This really shows how sensitive this President is toward all civil servants. Thank you for this smart idea and your concern towards all government workers. May God continue to increase you in knowledge and wisdom to direct the ship of Nigeria to a save berth. I have been thinking of how government workers are going to get paid for their job done. However, for the fact that Federal government can step forward to bail state government out shouldn’t pave a way for our unscrupulous Governors to embezzle state money and think that federal government will bail them out. President Buhari should have attached a condition to this bailout money for example he should have let them know that, that money will be taken out of state allocations over a period of time let say four years. If any State suppose to get 10 billion for the fiscal year, that state should be given 8 Billion and let State generate its own revenue to support that until their bailout money is paid. I just don’t like an idea where these governors will just sit back and think of getting free money. For any reasonable government, what PMB did is a better way to ease the burden associated with workers salary not paid on time.

  11. AYOGAH OSCAR A.

    July 7, 2015 at 9:48 PM

    Say Baba!!!!
    Thank God for you Mr. president.
    Pls keep it up!
    Only GOD will reward you for us(Civil Servants ).
    We have gone through untold trauma and pereal.
    O GOD !
    We thank you Lord.
    Long Live Mr. President,
    Long Live Nigeria.
    Oscarlightsuccesslink@gmail.com
    07034464109.

  12. MAN OF GOG

    July 13, 2016 at 10:34 AM

    THE ISSUE HERE IS CLEAR, BUT PDP ARE PLANNING TO SPOIL BUHARI ADMINISTRATION SO AS TO TAKE POWER NEXT 2019.THE PDP ARE CULTIC PARTY WHERE CONCERN ARE BEEN GIVEN TO ONLY THEIR MEMBERS.PDP WOULD FETCH GOD’S CONSEQUENCE IN IN THE VERY FEW TIME. COMPETE WITH AND SEE.

  13. MAN OF GOG

    July 13, 2016 at 10:39 AM

    THE ISSUE HERE IS CLEAR, BUT PDP ARE PLANNING TO SPOIL BUHARI ADMINISTRATION SO AS TO TAKE POWER NEXT 2019.THE PDP ARE CULTIST PARTY WHERE CONCERN ARE BEEN GIVEN TO ONLY THEIR MEMBERSHIP WOULD FETCH GOD’S CONSEQUENCE IN IN THE VERY FEW TIME. COMPETE WITH GOD AND SEE.

  14. Joseph

    November 30, 2016 at 1:08 PM

    Please, Mr President, kindly monitor the governor to see that they release the fund to the affected retirees and workers. May God bless the president for his kind gesture.

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