Skip to content
Calitown

Calitown

News, Here, Everytime!

  • Home
  • News
    • Cross River News
  • Features
  • Community
  • Inspirational
  • Toggle search form
  • Otu Felicitates Christians, Calls For Unity, Compassion, Renewed Hope News
  • Meet Ofem Arikpo, The New Cross River State Born Commissioner Of Police News
  • Governor Otu’s Appointment of Ward Development Officers: A Commendable Stride Towards Rural Empowerment & Transformation News
  • C’River: Forum Of LG Chairmen Insist Embattled APC State Chairman Must Go News
  • Response To The Open Appeal By “Concerned Students Of Cross River State University (UNICROSS)” News
  • A Life Etched In Culture, Service: Gov Otu Honours Edem Duke @ 70 News
  • PSC Promotes One To DIG, 50 Others To New Ranks  News
  • Court Backs Embattled C’River APC Chair, Stops APC, INEC From Dismissing Him 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

  • New Appointments Approved By CR Governor, Ben Ayade Cross River News
  • “It Is Our Turn” – FBI’s Random Thoughts On Zoning In CRS Cross River News
  • Okegbe Carpets Warring Abi Communities, CRSG News
  • REJOINDER; Hon. Patrick Ene’s Missiles Are Misguided Features
  • BETTA EDU: Jungle Justice And Where Is Her Father & Mentor President Tinubu? Features
  • Frontline Politician Condemns Post Election Violence In Ugep, Congratulates Ayade Cross River 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

  • Fayman on A Life Etched In Culture, Service: Gov Otu Honours Edem Duke @ 70
  • Maurice Eneji on Jarigbe’s 55th Birthday Celebration & The Anatomy Of Soft Power 
  • Omini Oden on CRSG Orders Closure Of Calabar’s ”8 Miles” Roadside Markets
  • Edem Mau on C’River To Conduct Forensic Audit Of Certificates In State Civil Service

ADVERT: Click to Watch!

https://calitown.com/wp-content/uploads/2017/10/VID-20170928-WA0003.mp4
  • Atekong’s Street Kids Return! News
  • CRSG Hands N10m Grant To 10 Hotels For Calabar Carnival Cross River News
  • Meet Maureen Eno, Author, Entrepreneur And Philantrophist Features
  • CRSG Had Planned For Fmr Senate President Joseph Wayas’ Burial, But… Cross River News
  • AMCON Is Mischievous; The Plot Was To Rubbish Me – Donald Duke Cross River News
  • C’River: Forum Of LG Chairmen Insist Embattled APC State Chairman Must Go News
  • Gov Otu Lauds South South Transformation Drive, Declares Region’s Support For Tinubu’s Continuity  Cross River News
  • Unical Sacks Professor Of Fine and Applied Arts 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