GTB 737 banner Yudala banner

Abia House gives Ikpeazu green light to spend N19 billion Paris Club inflow fund

By News Express on 31/12/2016

Share on facebook Yahoo mail icon Gmail icon

Views: 509

Governor Ikpeazu.
Governor Ikpeazu.

Abia State Governor, Dr Okezie Ikpeazu, has received the consent of the state House of Assembly to spend the state’s share of the Paris Club inflow funds of N10.6 billion on payment of arrears of salaries and pensions owed workers and retirees in the state.

The House which passed the resolution during its sitting Friday also approved that part of the funds be deployed to provision of infrastructure.

This was sequel to a request by the governor through a correspondence to the House, seeking the approval of the lawmakers to spend the money on specified items.

The passage of the resolution was the first official assignment of the new and 10th Speaker of the sixth Abia State House of Assembly, Rt. Hon. Chikwendu Kalu, who, on resumption from a “tea break” after his election, announced that he has a letter from the governor of the state. The letter reads:

“The government of Abia State received the sum of N10,631,724,520.96 from the federal government of Nigeria representing 25 per cent of $146 million being the sum total of Abia State excess charges of the Paris Club by the federal government.

“Furthermore, the President and Commander-In-Chief of the Armed Forces of Nigeria, President Muhammadu Buhari issued a Presidential Directive on the specific application of the funds to payment of arrears of salaries and pensions and for execution of capital projects.

“I hereby seek your resolution of the honourable House approving expenditure of the said fund as follows:

•N5, 315,662,620.48 for arrears of salaries and pensions
•N1, 771, 887, 420.16 for roads
•N2, 657, 831, 130.24 for bridges
•N685, 943, 710.08 for hospitals
•N200, 000, 000 for street lighting.”

After reading the letter, the Speaker put it to question, saying “those in favour of the resolution say Aye, and the lawmakers chorused a loud Aye; Kalu again asked those against the resolution to say nay, and a lonely voice resounded nay; and the Speaker ruled that the ayes “have it.
 

Source News Express

Posted 31/12/2016 9:16:57 PM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
NEMA records 1,037 emergences in FCT

Intersociety, Anambra CLO expose roles of Military Commander...

NAFDAC raids Onitsha shop, nabs 3 over fake...

Breaking News: Muazu takes oath as PDP’s new...

Card reader experiment a monumental failure, says Intersociety...

Buhari’s Economic Team CAN'T get us anywhere; Finance...

FCT Police nabs kidnappers

Bayelsa Poll: Timi Alaibe, Lokpobiri, Inokoba, others are...

Herdsmen kill 1,878 in Benue in 3 years...

Buhari leaves for 5-day visit to Kenya, African...

Fraud case fabricated to bring down Saraki, says...

Anambra Govt. squandering LG funds — Rep Nwoye...

 

Latest News 55 Bishops grace Obiano’s mother’s burial Japanese Govt. donates hospital to FCT Edo Govt. moves to create 200,000 jobs Lagos LG Polls: TMG expresses fears over tension in Mushin, other areas; warns LASIEC Notorious armed robber nabbed in Katsina Enugu Govt. releases fund to Electoral Commission for council polls Senate wants N200 to US$ rate for pilgrims Anambra Guber primaries: APC alleges plot to compromise NWC Senate to consider Constitution Review Committee Report Tuesday WASCE: Ikpeazu congratulates Abia school children, vows to prioritise teachers welfare Bayelsa Council workers set to down tools over unpaid salaries INEC asks court to set aside interim order on Melaye’s recall

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (266,005 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (246,778 views) Shameless Genevieve Nnaji exposes breasts in public (201,172 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (172,221 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (168,999 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (150,896 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (130,569 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (123,368 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (115,105 views) Lagos plane crash: Journalist releases victims’ names (107,267 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (106,957 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (99,584 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (27) Business (2,631) Business Verdict (18) Columnists (714) Complaints & Requests (92) Enterprise & Opportunities (164) Entertainment (343) Features (470) Global Business Monitor (163) International (1,457) Interviews (126) Live Commentary (28) Love Matters (63) News (26,645) Opinion (755) Pidgin (8) Politics (3,806) Religion (579) Sports (1,287) Stock Watch (20) AMA & Al Jazeera Global Update

 

CBN words on marble advert

 

 

Senator Adeleke on the dancing steps in London

 

APO Newsbreak logo

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!