Skip to content
Calitown

Calitown

News, Here, Everytime!

  • Home
  • News
    • Cross River News
  • Features
  • Community
  • Inspirational
  • Toggle search form
  • 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
  • At 80, Gov Otu Hails Ita-Giwa As “Cross River’s Lighthouse Of Courage” News
  • Cross River Shuts Down 13 Schools, Vow To Continue Closure Of Unapproved Schools!  News
  • Police Nab One Person After Discovery Of Eight Corpses In Cross River  News
  • Why Cross River’s Oil-Producing Status Is Grounded In Law, Science, Geology & Constitutional Process – Not In The 2012 Supreme Court Decision News
  • Gov Otu: The Day Academia & Media Spoke With One Voice News
  • “Ikpeme, UCTH CMD Has No Case To Answer” – Onwe 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

  • Want A Pleasant Xmas In Calabar? … Read This! News
  • Cross River Lawmaker Slumps To Death Breaking News
  • Soldier’s Death Sends CR Communities To War Again Breaking News
  • Calabar Municipal Chairman Announce Plans To Remodel Ikot Ishie Market News
  • P R E S S R E L E A S E Cross River News
  • Norsemen Club of Nigeria, Embark On Pre-Leboku Clean Up Exercise 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

  • 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
  • Gov Otu Hails Chief Okoi Obono-Obla At 56, Describes Him As A Beacon Of Justice News
  • Cross River Central Senator Clears Medical Bills For Patients In Ikom Cross River News
  • Emil Inyang Steps Down For Dansuki Cross River News
  • Anglican Bishop Blasts Gov Ayade Over Uncompleted Projects In C’River Cross River News
  • PHOTO SPEAK! Community
  • “Imoke Told Alex Egbona To Run For House Of Reps” – Chuks Agube Cross River News
  • Solomon Esor
    “Get It Right, Getting Elected Is A Rare Call To Serve The People” – Esor Cross River News
  • Photo Speak 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