Anxiety grips 33 governors over N552.74bn refund


Some of the 33 governors whose states benefitted from the recent refund of N553 billion excess deductions are desperate to keep details of the financial transactions from
the public.

They do not want their civil servants in
particular to have the details so that the
workers will not be able to blackmail them as
they did in respect of the bailouts.

President Muhammadu Buhari had approved
the release of N522.74 billion to states as
refunds pending reconciliation of records.
In directing Finance Minister Kemi Adeosun to
release the money to the states, Buhari said
workers’ welfare, particularly salaries and
pensions, must be prioritized.
Some states were accused of diverting the
N300billion bailout first given to them last
year and abusing the loan restructure worked
out for them by the Debt Management Office

Many states are still owning their workers for
several months and there are fears that some
of the governors are less interested in using
the refunds to meet their financial obligations
to the workers.
Informed sources said in Abuja yesterday that
the Presidency is likely to show more than a
passing interest in how the states deploy the
refunds and may even monitor the use of the

It was also learnt that the Economic and
Financial Crimes Commission (EFCC) and the
Independent Corrupt Practices and Other
Related Offences Commission (ICPC) are also
going to keep tabs on the utilization of the
bailout funds by governors.
The refund sheets had been obtained by the
anti-graft agencies as at press time.
The Nation gathered that the governors
prevailed on Adeosun not to make details of
what they got public to avoid fresh
confrontation with workers.

The breakdown per state remains a secret at
the Ministry of Finance in line with the
agreement with the governors.
Following protest by states against over
deductions for external debt service between
1995 and 2002, 33 states were listed as
beneficiaries with each of them entitled to a
cap of N14.5 billion being 25% of the
amounts claimed.
Minister Adeosun said the payment of the
claims will enable the states offset
outstanding salaries and pensions which have
been “causing considerable hardship.”
The presidency asked the states to devote a
minimum of 50% of any amount disbursed to
address the challenges associated with
salaries and pensions.

Investigation by our correspondent revealed
that presidency had asked the 33 states to
use 50 per cent of the bailout funds for
“challenges associated with salaries and
Security reports have however indicated that
some of the governors have refused to disclose the amount actually given to their states.

Findings confirmed that some of the
governors have devoted only 10 to 25 per
cent of the bailout to payment of backlog of
salaries A reliable source in government said: “The presidency has received reports that some
state governors were not forthcoming on the
actual refunds paid to them. In fact, the row
over the figures has caused tension.

“Some state governors have openly come out
to declare that only a fraction of the bailout
funds will be used for salaries and pensions.
There is a state which purportedly received
about N5billion, but it only earmarked
N1.5billion, leaving outstanding wages

“The President will be personally upset if
these bailout funds are diverted or converted
to other use by the governors. The
presidency is already monitoring
development in all the states.
“If the bailout funds are not judiciously used,
the presidency may not be disposed to such
interventions in future.”
It was difficult at press time to get the exact
figures of what was released to each of the
33 states.

A finance ministry official said: “The
governors reached an agreement with the
Minister of Finance, Mrs. Kemi Adeosun, not
to release the breakdown in order not to
cause tension in the affected states. They
said they might incur the wrath of workers if
there is full disclosure.

“At the governors’ forum, all members were
directed to keep the figures under wraps
because of the likely consequences in each
state. This is why some governors have
under-declared what they were allocated.”
Attempts by our correspondent to get the
breakdown from the Federal Ministry of
Finance have failed as all relevant desks
claimed that “there is instruction from above
not to release the fact-sheet.”
One of the desk officers said: “There are even
threats to deal with whoever releases the
Meanwhile, it was also learnt that the EFCC
and ICPC have been mandated to keep tabs
on the utilization of these funds.
“The anti-graft agencies already have the
fact-sheet on the allocations to each state
and they are keeping tabs on all these
governors. In the last exercise in April, ICPC
had discovered that about 16 states were yet
to disburse about N57, 663, 185, 735
allocated to them out of N713.7billion
intervention funds to states.

“The first bailout was part of a three-pronged
relief package that will end the workers’
plight. While N413.7billion represents special
intervention funds, the balance of about
N250billion to N300billion is a soft loan to
“Altogether, we are talking of about N1,
266.44trillion in nine months given to
governors as bailout funds. This is why the
EFCC and ICPC will take more than a passing


About Author


  1. It’s actually a great and helpful piece of information. I’m satisfied that you simply shared this helpful information with us.
    Please stay us informed like this. Thank you for sharing.

  2. Heya i am for the primary time here. I found this board and I in finding
    It truly helpful & it helped me out much. I hope to present one
    thing again and aid others like you helped me.

  3. Please let me know if you’re looking for a writer for your blog.
    You have some really great posts and I think I would be a good asset.

    If you ever want to take some of the load off, I’d absolutely
    love to write some articles for your blog in exchange for a link back to mine.

    Please shoot me an e-mail if interested. Thanks!

  4. An interesting discussion is definitely worth comment.
    I believe that you need to write more about this topic, it might not be a taboo
    subject but typically people don’t talk about these subjects.
    To the next! Best wishes!!

  5. May I simply just say what a comfort to find someone who actually
    understands what they are talking about online.
    You definitely understand how to bring an issue to light and make it important.
    More people ought to look at this and understand this side of your
    story. I can’t believe you are not more popular since you certainly have the

  6. Hey there just wanted to give you a brief heads up
    and let you know a few of the pictures aren’t loading properly.
    I’m not sure why but I think its a linking issue.
    I’ve tried it in two different internet browsers and both show the
    same outcome.

  7. I have been browsing online more than 2 hours today, yet I never found any interesting article
    like yours. It’s pretty worth enough for me. In my view, if all website
    owners and bloggers made good content as you did, the web will
    be much more useful than ever before.

  8. Your style is really unique compared to other folks
    I have read stuff from. Thanks for posting when you’ve got the opportunity, Guess
    I’ll just bookmark this site.

  9. Hi there to every body, it’s my first pay a quick visit of this website;
    this website contains amazing and really good data in support
    of readers.

  10. Its like you read my mind! You appear to know a lot about this, like you wrote the book in it or something.
    I think that you could do with some pics to drive the message home a
    little bit, but other than that, this is wonderful blog.
    A great read. I’ll definitely be back.

  11. Howdy! I could have sworn I’ve visited this site before but after going through a
    few of the articles I realized it’s new to me.
    Anyhow, I’m certainly pleased I came across
    it and I’ll be bookmarking it and checking back often!

  12. What i do not understood is in fact how you are now not really a lot
    more smartly-preferred than you may be now.
    You are so intelligent. You realize thus significantly in terms of this matter, made me in my view
    imagine it from a lot of numerous angles. Its like women and men don’t seem to be fascinated except it’s one thing to accomplish with Woman gaga!
    Your own stuffs excellent. Always take care of it up!

  13. Write more, thats all I have to say. Literally, it seems
    as though you relied on the video to make your point.
    You clearly know what youre talking about, why throw away your intelligence on just posting videos to your weblog when you could be giving us something informative to read?

  14. This is the perfect web site for anybody who wants to
    find out about this topic. You know a whole lot its almost tough to argue
    with you (not that I really would want to…HaHa).
    You certainly put a brand new spin on a subject
    that’s been written about for a long time. Great stuff, just wonderful!

  15. Every weekend i used to pay a visit this site, for the reason that i want
    enjoyment, for the reason that this this web site conations truly good funny data too.

  16. Just wish to say your article is as astonishing. The clearness to your post is
    simply cool and that i can suppose you are knowledgeable on this subject.
    Fine with your permission let me to grasp your RSS feed
    to stay up to date with approaching post. Thank you 1,000,000
    and please keep up the enjoyable work.

  17. Greetings from Ohio! I’m bored at work so I decided to check out
    your website on my iphone during lunch break. I love the knowledge you
    provide here and can’t wait to take a look when I get home.
    I’m surprised at how fast your blog loaded on my cell phone ..
    I’m not even using WIFI, just 3G .. Anyways, awesome

  18. Its such as you read my mind! You appear to know so much
    about this, such as you wrote the e book in it or something.
    I think that you just could do with some percent to
    force the message house a little bit, however instead of that,
    that is fantastic blog. An excellent read.
    I’ll certainly be back.

  19. whoah this blog is wonderful i like reading your posts.
    Stay up the great work! You already know, lots of
    persons are searching around for this info, you can aid them greatly.

  20. Greate pieces. Keep writing such kind of info on your blog.
    Im really impressed by your site.
    Hello there, You’ve done an excellent job. I’ll certainly digg it and individually
    suggest to my friends. I am sure they’ll be benefited from this website.

  21. Do you have a spam problem on this site; I also am a blogger, and I
    was curious about your situation; we have developed some
    nice practices and we are looking to swap strategies with
    others, please shoot me an email if interested.

  22. Good post but I was wondering if you could write a litte
    more on this subject? I’d be very thankful if you could elaborate
    a little bit further. Thank you!

  23. I’ve been surfing on-line greater than three hours
    today, but I by no means found any fascinating article like
    yours. It’s pretty worth sufficient for me. Personally,
    if all web owners and bloggers made just right content as you probably
    did, the web will be much more helpful than ever before.

  24. Amazing blog! Do you have any hints for aspiring writers?
    I’m hoping to start my own site soon but I’m
    a little lost on everything. Would you suggest starting with a
    free platform like WordPress or go for a paid option? There are so
    many options out there that I’m totally overwhelmed ..
    Any suggestions? Many thanks!

  25. Link exchange is nothing else except it is only
    placing the other person’s web site link on your page at suitable
    place and other person will also do similar for you.

  26. magnificent points altogether, you simply received
    a new reader. What would you suggest in regards to your publish that you simply made some days in the past?
    Any sure?

  27. Its like you learn my mind! You seem to know a lot approximately
    this, such as you wrote the guide in it or something.
    I feel that you could do with a few percent to drive the message
    house a little bit, however other than that, this is
    fantastic blog. A great read. I’ll certainly be back.

  28. Pretty nice post. I just stumbled upon your blog and wished
    to say that I’ve truly loved browsing your weblog posts.
    In any case I’ll be subscribing for your feed and I am hoping you write again soon!

  29. Unquestionably imagine that which you stated. Your favorite justification seemed to be at the net the easiest factor to consider of.
    I say to you, I certainly get irked at the same time as
    other people consider issues that they just don’t know about.
    You controlled to hit the nail upon the highest as well as defined out the whole thing without having side-effects , other
    people can take a signal. Will likely be back to get more.
    Thank you

  30. I was curious if you ever considered changing the layout of your website?

    Its very well written; I love what youve got to say. But maybe you could a
    little more in the way of content so people
    could connect with it better. Youve got an awful lot of text for only having one or two pictures.
    Maybe you could space it out better?

  31. Hello there! I could have sworn I’ve been to this website
    before but after reading through some of the post I realized it’s new
    to me. Anyhow, I’m definitely happy I found it and I’ll be book-marking and checking
    back frequently!

  32. I simply couldn’t leave your web site prior to suggesting that I extremely enjoyed the
    usual information an individual supply for your visitors?

    Is gonna be back ceaselessly in order to investigate cross-check new posts

  33. You really make it appear really easy with your presentation but I to find this matter to
    be actually something which I feel I’d never understand.
    It kind of feels too complex and very vast for me.

    I’m having a look ahead to your subsequent post, I’ll attempt to get the hang of it!

  34. I have been browsing on-line more than 3 hours lately, but I never found any attention-grabbing article like yours.
    It’s pretty worth enough for me. Personally, if all site
    owners and bloggers made good content material as you did, the net can be much more
    helpful than ever before.

  35. Hi would you mind letting me know which web host you’re
    working with? I’ve loaded your blog in 3 completely different internet browsers and I must say this blog loads a lot quicker then most.
    Can you recommend a good web hosting provider at a honest price?
    Thank you, I appreciate it!

  36. Woah! I’m really loving the template/theme of this website.
    It’s simple, yet effective. A lot of times it’s tough to get that “perfect balance” between usability and visual appearance.
    I must say you’ve done a very good job with this. Additionally, the
    blog loads super fast for me on Opera. Exceptional Blog!

Leave A Reply