Despite being named among 27 states expected to benefit from N338billion bailout fund, the Ondo State Government has said it would go ahead with the payment of its workers’ salary without receiving the bailout.
On the sharing table, Ondo State, which got N14.686billion, owes its workers three months’ salary.
The State government, while claimed that it was yet to receive the bailout fund, said necessary arrangements had been made to ensure the workers were paid one month salary this week.
Speaking with reporters yesterday in Akure, the state Commissioner for Finance, Chief Yele Ogundipe said the state government was yet to access the said fund, adding however, that the process was ongoing by the state to access the bailout fund.
According to the Commissioner, the federal government had earlier directed that states could only access the fund through commercial banks.
He added that the state got an offer letter from a Commercial bank early this month, saying “we are currently processing the payment and what the federal government has done is to instruct the state to access the funds through the commercial banks.
“We have approved one of the commercial banks and like most other states have done and they just gave us an offer letter on Thursday, 3rd of September.”
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