Skip to content
Calitown

Calitown

News, Here, Everytime!

  • Home
  • News
    • Cross River News
  • Features
  • Community
  • Inspirational
  • Toggle search form
  • See The Two Year Scorecard Of Peter Akpanke, Member House Of Reps – Obudu, Bekwarra, Obanliku Federal Constituency  News
  • C’River Commissioner Doles Out N600m Grant, Sells APC To C’River Youths  News
  • CR-SUBEB Chairman Visit Schools, Okay Issuance Of Queries For Absent Teachers News
  • House of Reps Member Approves Free Transportation For Students Travelling To Calabar  News
  • “If Any First Timer In OBO Has Performed Better Than Me, I Will Not Seek A Second Term” – Akpanke News
  • Cross River Gov, Bassey Otu, Is The Sun Governor Of The Year 2025 News
  • Yakurr Council Chair Meets The People, Conclude Stakeholders Engagement  News
  • Otu Swears In Bekwarra Chairman, Says He Is A Product Of Due Process Who Understands Governance News

Labour Battles Ayade Over FG’s Bail-Out Funds To CR

Posted on September 30, 2015September 30, 2015 By Admin 1 Comment on Labour Battles Ayade Over FG’s Bail-Out Funds To CR

Ayade
Ayade
While sources inside Nigeria’s apex bank, the Central Bank of Nigeria, have confirmed to www.calitown.com that Cross River State has received a princely N7.856bn as bail-out funds, with a rider from the CBN that governors must “prioritise salary payments before other obligations”, it appears that the Cross River State Government and the Labour Union in the state are locked in a disagreement over how the funds should be deployed and the constitution of the committee to oversee the deployment.

The matter came out in the open yesterday when the Labour Union circulated a memo in which it insisted that the amount be used in the payment of outstanding gratuities and pensions, promotion arrears, as well as the payment of salary arrears to local government staff, CRUTECH staff, health staff and weigh-in allowances. It was further disclosed to www.calitown.com that Labour believes if it does not raise alarm, the funds may be deployed not according to specification, but at the instance of state governor, Ben Ayade.

Already, rumours are rife that government has put the amount in a fixed deposit account in one commercial bank in Calabar to draw interest, but the reality of the situation remains that while the
House of Assembly may have given Ayade her nod to collect the money, the absence of an Executive Council in the state and a written authorization from the Council, seemingly stands between Ayade and the funds, we gather.

Labour’s insistence on the money being spent judiciously stems from the experience in the past where funds collected are not properly spent, making government unable to meet her obligations to workers in the state.

The Cross River Geographic Information Agency,CRGIA, has all the solutions to your land needs in CRS…Don’t patronise touts, visit them now! Call 08035238992, 08037258415

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
Community, Cross River News, News Tags:Ben Ayade, Cross River State

Post navigation

Previous Post: Strike Begins In CR, October 2
Next Post: Arise Cross River… Don’t Ignore This!

Related Posts

  • Ndoma-Egba To Assist NBA Complete Bar Centre Project Cross River News
  • Ayade’s Proposed Resort, Calas Vegas, Going …! Cross River News
  • “I Will Not Insult Ayade Unless…” – Eyo Ekpo Cross River News
  • Unical To Take Delivery Of 400-Room Hostel In December 2018 Cross River News
  • Ayade Mourns Former Environment Minister, John Odey Cross River News
  • Gale Of Suspensions Set To Hit CRS PDP Cross River News

Comment (1) on “Labour Battles Ayade Over FG’s Bail-Out Funds To CR”

  1. Sunny Ubi says:
    September 30, 2015 at 8:22 am

    In as much as the Labour Union doubts or fears over the disbursement of the FG bail out by the Prof Ayade led Government may seem genuine or the facts, let us give him benefit of the doubt and watch/see how he goes about it before alerting the public or threaten strike action. The Union may after-all be wrong with the facts and truth about the situation and regret their actions. Let’s cooperate and understand with the Government for a better State.

    Reply

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

  • Wofai-Agbam on Cross River Politics, Christmas/New Year Rice & The Rest Of Us!
  • Fay on Former C’River Federal Lawmaker Essien Ayi Dumps PDP, Joins APC!
  • Edward on “Christmas Is Idolatrous And Unscriptural” – Kumuyi
  • Fayman on A Life Etched In Culture, Service: Gov Otu Honours Edem Duke @ 70

ADVERT: Click to Watch!

https://calitown.com/wp-content/uploads/2017/10/VID-20170928-WA0003.mp4
  • Leboku 2013 In Pictures News
  • Unical, Unicross Students Win Mr & Miss Leboku 2022 Cross River News
  • Akpanke Visits Sacred Heart Hospital Obudu, Clears Bill For All Patients Community
  • COVID-19: HIT FM Calabar Lends A Helping Hand, Distribute Palliatives News
  • Sports Minister’s Long Serving Driver Retires, Pours Passionate Encomium On Minister Cross River News
  • “There Was No Robbery At Ecobank Calabar” – Bank Cross River News
  • Anger, Uneasy Calm Grips CR Agency Cross River News
  • Police Storm Marina Resort, Arrest Squatters 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