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Saturday 26 November 2016

NASARAWA STATE TO RECEIVE ANOTHER N68BILLION NAIRA EARLY 2017 - CBN BY NASARAWA MIRROR


NASARAWA STATE TO RECEIVE ANOTHER N68BILLION NAIRA EARLY 2017 - CBN
BY NASARAWA MIRROR (n-Mirror)
n-Mirror stands on its revelation of the payment of monies ($4bn) into the accounts of Nigeria' 36 states and the FCT, Abuja. The figures quoted earlier in our previous report is just 50% of the amount due to each state and FCT, investigation further reveals.
It would be recall, we published that the thirty-six states of the Federation and the FCT, Abuja, collectively shared a whopping $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.
Also as earlier published, Nasarawa State received N68bn (state govt., N46bn; LG, N22bn). Our neighbors, 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 least amount paid in the first trench (21st November, 2016) was FCT, of which its got about N9bn.
Further investigation revealed that the monies will be paid in 2 trenches. The second and final trench of the monies which is the remaining 50% will be paid between February-April 2017. “The time is to enable the agent to properly reconcile the figures before final disbursement,” a top official of CBN told n-Mirror.
While approving the first disbursement of this sum of over $4b to all the 36 states and FCT in naira, President Muhammadu Buhari directed the States Governors to use the monies to settle the civil servants salaries and welfares.
Based on our estimation, the amount of N68bn with the expectation of the second trench by first quarter of next year totaling N136bn, without FAAC and IGR, this amount of money can pay salaries of all civil servants in the state for 5years at the rate of N2.3bn per month (NSG acclaim figure) or for the next 9 years at the rate of N1.3bn per month (which is the real wage bill of NSG).
We call on the NSG to hearkens to the good intention of Mr. President by paying all civil servants in Nasarawa State their full salaries, entitlements and pensions/gratuity. For workers deserved their wages, says the holy books.
We also call on President Muhammadu Buhari to direct the EFCC, ICPC, DSS and other relevant authorities to monitor all the 36 states governors especially the Nasarawa State Governor who has penchant for stealing/corruption and primitive accumulations.
Regrettably, following the revelation, the state government has sanctioned the security agencies to go after us, instead of doing what is expected of her. n-Mirror however is well armed with documents as evidences for this. All the account numbers and mandate letters from 36 states governors where these monies were paid are in our possession. We await patiently the official statement from NSG to read anything in the contrary and we then publish the documents in our custody.
For all our good doubting thomases, we shall not release any document for now except a mandate letter from Plateau State for the payment. For we believe the NSG will do the needful by making public the amount so that we don't carry them to the cleaner through the documents.
For those agents being paid to defend NSG on social media, we advice them to look for something meaningful to do with their lives than being used against us. Nasarawa State must move forward. We will continue to champion good governance and transparency in government through exposing bad/sharp practices.

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