Home News Oyo State Government Clears Air on Why Its Owing Workers

Oyo State Government Clears Air on Why Its Owing Workers

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By Adeola Oladele, Ibadan

The inability of the Oyo State Government to pay salaries of its workforce may not end anytime soon.

This reality came to fore during a news briefing by the State’s Commissioner for finance, Mr. Bimbo Adekanmbi, where clarifications were made on the supposed N84billion bail out fund received from the Federal Government since May last year.

Clearing the air on the said fund, Adekanmbi explained that between May last year and May this year, the state government received only the sum of N37. 4 billion, while N40.4 billion was received by the local government councils.

The commissioner explained further that with that breakdown, it was still difficult for the state government to offset workers’ salaries deficit as the funds were not received in bulk.

Adekanmbi stated that currently, the state government has a deficit of N29 billion as outstanding salaries of workers.

Reacting on the new bailout fund in the sum of N14.6 billion to be accessed by the state government, Adekanmbi said what would come to the coffers of the state government on a monthly basis is not up to N1.5 billion, which would be spread over a period of one year.

Adekanmbi noted that though the money coming to the state government was not enough to offset workers salaries, but the  government would not relent in proffering a lasting solution through the improvement of its Internally Generated Revenue(IGR).

He then appealed to the labour leaders and the entire workforce in the state to see the reason behind government’s inability to pay their salaries as and when due, stating that the welfare of workers of the state matters in no small measure to the government.

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