HomePoliticsKogi State Gets Its...

Kogi State Gets Its Own Share of The Bailout Funds As CBN Approves N20 billion

The Central Bank of Nigeria, CBN, has approved N20 billion as bailout for the Kogi Government.

The state governor, Yahaya Bello, announced this on Sunday in Lokoja while addressing a rally held by organised labour to mark this year’s May Day celebration.

Mr. Bello explained that the N20 billion was the first tranche of the N50 billion applied for to clear salary arrears of the state and local government workers.

He blamed the delay in the release of the fund on the last administration, saying that the application submitted by his predecessor was shoddily done and fraught with irregularities.

“We had to start from scratch. We are glad to announce that our efforts have paid off. This week, we received approval to draw down on the first tranche of our Bailout Funds from the Federal Government.

“This will amount to about N20 billion. We will draw down on the balance of about N30 billion as we meet the milestones for implementation of the first tranche, as set by the Central Bank of Nigeria,“ he explained.

Mr. Bello promised to fully expend the money on workers’ salaries, so as to guarantee industrial harmony.

Speaking on the ongoing screening of state and local government workers, the governor said that all sorts of tricks were devised to shortchange the workers, describing as worst, the scourge of ghost workers in the civil service.

“Thousands of non-existent workers were being paid from the Kogi State coffers, thus bringing it under undue strain and leaving the real workers either totally unpaid or only receiving meagre percentages of their wages.

“I was a former Federal Civil Servant. I was never owed salaries during my time in service. When we came into office, Kogi 2orkers were already on strike for at least 6 weeks, fed up with the then PDP Government’s lack of transparency.

“It hurt me that a so-called Government could receive all the Federal Allocations due to it and still find the heart to leave workers unpaid,” he said.

According to him, the state government had also been inundated with allegations of collusion between some labour executives and the past administrations in cheating the very workers they claimed to be representing.

“We will of course investigate and anyone found culpable will have a date with the anti-corruption agencies,” he said.

Mr. Bello drew a wild applause from the jubilant workers when he announced that his administration had started cooking something nice for them and the entire people of the state.

He promised to remain committed to improving the lot of workers and freeing them from slavery and injustices that had been built into the system for long.

The governor appealed to the striking lecturers of the Kogi State University to call off the strike in the interest of the students, saying that government was ready to meet their demands within its limited resources.

Earlier in his address, the state Chairman of the Nigeria Labour Congress, NLC, Onu Edoka, charged workers to remain calm and give their full support to the administration of Governor Yahaya Bello.

He also told them that labour was keenly following the ongoing screening of state and local government workers and assured that the union will not allow any worker to be unjustly treated.

Highlights of the event was the donation of two 18-seater buses to the NLC and the state chapter of the Trade Union Congress and the march-past by members of the affiliate unions.
(NAN)

- A word from our sponsors -

spot_img

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

Why Mobile Gaming Is Growing Faster Than Ever in Africa

Meta Title: Mobile Gaming In Africa – Why It's Growing Fast Meta Description: Mobile...

Toyin Akinniyi: Building blocks of the Future, education financing for sustainable outcomes

Opening Remarks by Ms. Toyin Akinniyi, Regional Portfolio Director, Luminate at...

Cheta Nwanze: The acquittal of Nigeria’s former petroleum minister Diezani Alison-Madueke

Cheta Nwanze The acquittal of Nigeria’s former petroleum minister Diezani Alison-Madueke at...

Lazarus Angbazo: Building Nigeria’s Infrastructure Economy

BUILDING NIGERIA'S INFRASTRUCTURE ECONOMY Mobilizing Private Capital to Build the Foundation of...

- A word from our sponsors -

spot_img

Read Now

Why Mobile Gaming Is Growing Faster Than Ever in Africa

Meta Title: Mobile Gaming In Africa – Why It's Growing Fast Meta Description: Mobile gaming in Africa is growing faster than any other digital sector: affordable smartphones, mobile payments, local content and what the data shows for 2026. Why Mobile Gaming Is Growing Faster Than Ever in Africa Few industries are expanding...

Toyin Akinniyi: Building blocks of the Future, education financing for sustainable outcomes

Opening Remarks by Ms. Toyin Akinniyi, Regional Portfolio Director, Luminate at the Bold Action Session on Education: "Building Blocks of the Future: Education Financing for Sustainable Outcomes"  (A Day Zero event of the 2026 Africa Social Impact Summit) on 21 July 2026. Protocols. Good morning distinguished guests, the board and CEO...

Cheta Nwanze: The acquittal of Nigeria’s former petroleum minister Diezani Alison-Madueke

Cheta Nwanze The acquittal of Nigeria’s former petroleum minister Diezani Alison-Madueke at Southwark Crown Court, London, on 17 June 2026 has brought up an uncomfortable question that has long shadowed international anti-corruption efforts: is justice truly universal, or is it reserved for the powerless? After a nearly six-month trial...

Lazarus Angbazo: Building Nigeria’s Infrastructure Economy

BUILDING NIGERIA'S INFRASTRUCTURE ECONOMY Mobilizing Private Capital to Build the Foundation of National Prosperity Keynote Address by Dr. Lazarus AngbazoChief Executive Officer, InfraCorpNACCIMA Infrastructure Conference (INFRACON) — July 14, 2026 Your Excellencies, distinguished guests, ladies and gentlemen. Please permit me to stand on established protocol. Let me begin with a simple observation. Every...

Lazarus Angbazo: Beyond Roads and Power, Who Will Finance Human Capital Infrastructure for Africa’s Workforce?

By Lazarus Angbazo |  [email protected] Africa is entering one of the most ambitious periods of infrastructure and industrial investment in its history. Governments are expanding power generation, transport networks, ports, industrial parks, and digital infrastructure, while African private sector leaders are making unprecedented long-term commitments to manufacturing and industrial...

Residents: Key Factors to Consider When Choosing a Self Storage Facility in Philadelphia

Finding the ideal self-storage unit can be challenging, especially in Philadelphia, where options abound. Many residents seek facilities that not only safeguard their belongings but also provide value and convenience. In this article, you'll learn the key factors to consider when selecting a self-storage facility in the...

“No Victor, No Vanquished” — Angbazo calls for unity after Nasarawa ADC Governorship Primary win

LAFIA — Retired General Nuhu Angbazo has emerged victorious from the Africa Democratic Congress, ADC, governorship primaries in Nasarawa State, calling on all party faithful to sheathe their swords and rally behind a common vision for the state's development. In a press statement issued shortly after his victory...

Lazarus Angbazo: The Countries that will lead the AI Economy are being decided right Now — By Their PowerGrids

Nigeria has enough installed generation to power a mid-sized country. The grid delivers less than half of it. Around the world, the race to build AI-ready power infrastructure is already underway — and the decisions African governments and investors make in the next eighteen months will determine...

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent story: a French immigrant and an American woman enter a marriage of convenience so he can stay in the US. They barely know each other. They hope never to see each other again after the deal...

Digital Marketing for Attorneys

In the competitive landscape of legal services, personal injury and medical malpractice attorneys are finding themselves overshadowed by competitors who dominate online visibility. The root of this issue lies in the digital presence that many firms lack. While traditional word-of-mouth referrals still hold value, the digital age...

Lazarus Angbazo: The global power industry is leaving Africa behind

 Dr. Lazarus AngbazoThe nascent AI revolution is not just driving electricity consumption and massive demand for additional capacity—it is reshaping how power is built, maintained, and delivered. For Africa, the real risk is no longer just insufficient capacity—it is also losing control and ability to manage the capacity it...

Bunmi Onabanjo-Kuku: The first thing you feel when you land in Nigeria

By Bunmi Onabanjo-Kuku The first thing you feel when you land in a country is not its culture, not its cuisine, not its people. It is its airport. That threshold, the space between the jet bridge and the city beyond, tells you everything a nation believes about itself...