• Governors uncomfortable with investigations into spending of bail-out funds – ICPC boss

    Governors uncomfortable with investigations into spending of bail-out funds – ICPC boss

    Chairman, Independent Corrupt Practices and Other Related Offence Commission (ICPC), Mr. Ekpo Nta, said most state governors were jittery when the commission commenced investigations into the spending of bailout funds.

    Nta stated this in Bauchi on Monday in his speech at the opening of Bauchi State Anti-Corruption Summit, titled “Transparency and Accountability: A Panacea to Good Governance and Sustainable Development.

    He said that when the commission commenced investigations into coffers of state government accounts most of the governors were uncomfortable.

    “Most of the […]

  • Buhari should stop giving bail-out funds to lazy governors – Dangote

    Buhari should stop giving bail-out funds to lazy governors – Dangote

    Africa’s richest man, Aliko Dangote, has urged the Muhammadu Buhari government to stop granting bailout funds to state governors.

    According to him, this will not take the country forward.

    “I don’t believe the Federal Government should continue to be bailing out the states, the states have to sit down and plan to cut costs instead of looking for bailout and being lazy,” NTA quoted him as saying.

    “They can create jobs and give incentives to people to come and invest, they should assure […]

  • Why N14.1bn fresh bail-out won’t end Oyo salary arrears problem – Ajimobi explains

    Why N14.1bn fresh bail-out won’t end Oyo salary arrears problem – Ajimobi explains

    To avoid another round of industrial crisis, Governor Abiola Ajimobi, has pleaded with the workers and pensioners in the state to exercise patience over the unpaid N29 billion wage deficit representing five-month salary arrears, saying the new bailout the state applied for would not be paid in bulk.

    The governor said the N14.1 billion which the state applied for would be paid in tranches.

    While assuring that the N14.1 billion would be used to pay salaries, he explained that the money would […]