Newsexpress place banner advert Yudala genuine products
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: 461

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 2:16:57 PM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

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

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

 

You may also like...
10,000 hunters seek clearance to fight Boko Haram...

No plan to spend N1bn on Ogun LG...

Tony Elumelu Foundation convenes Africa’s largest gathering of...

SSANU calls on Buhari to intervene on staff...

Boko Haram kills 30 villagers in fresh Borno...

A third of oil producers at high risk...

HURIWA to Buhari: Generals can’t probe generals •Wants...

Abe warns Wike on false accusation on corruption...

Abia Govt. calls for an end to pro-Biafra...

No FG presence in Anambra — Obiano

Osinbajo introduces new IDP food distribution plan

NiMET predicts cloudy Sunday, thunderstorms

 

Latest News Nigerian Police nabs Italian kidnapper Over N4 trillion worth of projects abandoned in Niger Delta 33 hoodlums, cattle rustlers lynched 50 arrested in Jos for robbery, murder Over 100m Nigerians cannot afford treatment in public hospitals: Dogara FG issues 7-day ultimatum to truck drivers, others to vacate Apapa roads Eko Electric warns of power outage in VI, Ikoyi Next Einstein Forum launches first-ever Africa Science Week in Nigeria FG declares Monday, Tuesday (June 26, 27, 2017) public holiday to Mark Id-El Fitr EFCC arraigns Ex-Minister Jumoke Akinjide for N650m fraud Market women protest in Osun over weighting scales Delta PDP Mega Rally holds Friday

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (257,610 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (236,403 views) Shameless Genevieve Nnaji exposes breasts in public (194,123 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (169,174 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (164,206 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (145,472 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (126,159 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (120,962 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (111,200 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (104,987 views) Lagos plane crash: Journalist releases victims’ names (104,797 views) APC cries foul as PDP’s Fayose takes early lead in Ekiti governorship election (97,699 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (27) Business (2,598) Business Verdict (17) Columnists (701) Complaints & Requests (91) Enterprise & Opportunities (157) Entertainment (333) Features (461) Global Business Monitor (154) International (1,424) Interviews (124) Live Commentary (28) Love Matters (59) News (25,692) Opinion (736) Pidgin (8) Politics (3,740) Religion (558) Sports (1,281) Stock Watch (18) AMA & Al Jazeera Global Update

 

CBN words on marble advert

 

 

Thousands of Biafrans gather at Nnamdi Kanu’s father’s palace for address...

 

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

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

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