Skip to content
Calitown

Calitown

News, Here, Everytime!

  • Home
  • News
    • Cross River News
  • Features
  • Community
  • Inspirational
  • Toggle search form
  • Court Orders UniCal To Pay N55 Million Naira To Eight Students  News
  • See Full List Of Newly Elected CRS Working Committee Of The All Progressives Congress, APC  News
  • Ayade At 58: Otu Celebrates Ex-Governor’s Visionary Legacy News
  • Report On Efforts Towards The Resolution Of Salary Concerns In Unicross News
  • Of Oil Wells, Greed: Nigeria In A Bubble Of Self-Denial News
  • Assemblyman Condemns Burning Of Catholic Church In Cross River News
  • Owan Enoh Mourns Brother, Burial Fixed For March 3, 2026! News
  • Greed, Avarice and Mendacity: The Portrait Of Obong Victor Attah As Amnesiac, Opportunist News

CR: Labour Insists Ayade Blew N38.BN, Continues Strike

Posted on November 4, 2021November 4, 2021 By Admin No Comments on CR: Labour Insists Ayade Blew N38.BN, Continues Strike
Labour’s Bulletin 15

While the industrial action embarked upon by Organized Labour in Cross River State continues with no immediate plans to call off the action, Labour in the state is insisting that the Ben Ayade administration blew away N38.85 billion, over a three year period, 2015 to 2017.

“We wish to remind Cross Riverians that the suffering of workers/retirees of Cross River State is majorly caused by this Ayade administration”, Labour, began in her document.

According to Labour, the funds, representing Bail Out Funds and Paris Club refunds given to the state by the Federal Government, were not appropriately applied to pay pensions and gratuities as directed by the FG.

The first tranche of N7.8 billion, preceded the sum of N11.5 billion of the Bail Out Funds, while the Paris Club Refunds also came in two tranches of N12.15 billion and N6.75 billion, according to Labour.

Specifically, Labour is insisting that, “the Paris Club Refunds were monies over deducted from governments before the Ayade led administration, so we can say previous governments saved these monies for the present government” as contained in a widely circulated document captioned “Bulletin 15”, dated, November 3, 2021.

Several Labour sources who insisted on anonymity are maintaining that government in the state has shown no financial sincerity in dealing with workers in her employ and retirees, especially.

Investigations by www.calitown.com, over the course of time show that because of government’s attitude to paying pensions and gratuities, some unscrupulous persons in the state are exploiting anxious retirees, extorting huge sums of money from them under the guise of helping to facilitate payment of pensions and gratuities. In several instances, some of these retirees are coerced into entering into written agreements to pay specified sums before their names are payrolled. We hear it is a huge extortion scheme, drawing even the attention of the British Broadcasting Corporation, BBC, which showed the huge corruption in the payroll system, brought on by government’s posture.
We were yet to get government’s replies to inquiries on this matter before press time.

Subscribe to Our Newsletter

Get the latest news, articles, and updates delivered straight to your inbox.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Share this post:

Share on X (Twitter) Share on Facebook Share on Pinterest Share on LinkedIn Share on Email Share on WhatsApp Share on Telegram
Cross River News, News Tags:Ben Ayade, Organized Labour

Post navigation

Previous Post: CALABAR-OGOJA ACCORD: Still Relevant And Binding For Rotation Of Power In Cross River State?
Next Post: “We Have Become The Laughing Stock Of Every Part Of Nigeria” – Sen. Bassey Ewa Henshaw

Related Posts

  • B R E A K I N G : CR Born Onnoghen Confirmed By Senate As Chief Justice Of Nigeria Breaking News
  • IMOKE To JOHN GAUL: “Don’t Pursue This Matter Any Further In The Courts” Breaking News
  • See Full List Of Newly Elected CRS Working Committee Of The All Progressives Congress, APC  News
  • Welcome To ‘EFAK SATAN’… Calabar’s ‘Satan Street’ News
  • Jarigbe’s 55th Birthday Celebration & The Anatomy Of Soft Power  News
  • UPDATE: N88 Million ‘Soup’ And Why CRSWB MD Wanted Chemicals Sold News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Comments

  • Maurice Eneji on Owan Enoh Mourns Brother, Burial Fixed For March 3, 2026!
  • Ata-okongo Akwa Ibom on Greed, Avarice and Mendacity: The Portrait Of Obong Victor Attah As Amnesiac, Opportunist
  • Eno Ekpenyoung on Gov Otu Hails Chief Okoi Obono-Obla At 56, Describes Him As A Beacon Of Justice
  • Fayman on A Shared Love: Reflections On Iwara Iwara’s Journalistic Odyssey As He Adds Another Year!

ADVERT: Click to Watch!

https://calitown.com/wp-content/uploads/2017/10/VID-20170928-WA0003.mp4
  • Cross River Born Professor Makes Significant Cancer Treatment Breakthrough Cross River News
  • Investors Compete As Obudu Mountain Resort Gets N5bn Cash Injection From FG News
  • National Assembly Committee Visit Shows Calabar/Itu/Ikot Ekpene Road Contract Is A Lie! Cross River News
  • Mr & Miss Leboku 2015 To Hold August 23 – Organisers Community
  • Protests Trail CRSG’s Attempt To Introduce New State Logo Cross River News
  • CR IRS Takes A Beating News
  • “There is no other place for the Super Eagles to play…” – Odegbami News
  • “The People In Govt, Cannot Even Get The Taps To Run In Cross River After Two Years” – CR PDP Chieftain! Cross River News

CALITOWN
...News, Here, Everytime

Quick Menu

  • Home
  • News
    • Cross River News
  • Features
  • Community
  • Inspirational

Copyright © 2021 calitown
172 Greenwood Avenue , Hull. East Yorkshire. HU6 9NY

Powered by PressBook News WordPress theme