• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home State FG responsible for states’ financial woes – Ajimobi
  • State

FG responsible for states’ financial woes – Ajimobi

By
Dr. Festus Adedayo
-
January 12, 2015
PRNigeria logo fearured image
Governor Abiola Ajimobi of Oyo State has blamed the inability of states to meet their financial obligations to workers and contractors on the Federal Government’s directive to financial institutions not to grant credit facilities to states, in spite of the dwindling allocation from the centre.   
The governor said this during the inauguration of the state Chief Judge, Justice Munta Oladipo Abimbola, at the Executive Council Chambers of the Governor’s Office, Ibadan on Monday.
For instance, he said allocations to the state from the federation account had been reduced by more than 40 per cent in the last seven months, thereby forcing the state to device ingenious ways of meeting its financial obligations.
“This is indeed a hard time for all of us in this country. Like other states, allocation to this state has been reduced by more than 40 per cent in the last seven months. In spite of this, the Federal Government directed financial institutions not to grant credit facilities to the states.
“This has painfully led to our inability to meet our obligations to contractors and workers. We have a monthly wage bill of about N5 billion and we are receiving an average of N2.9 billion monthly from the federation account, thus leaving a shortfall of N2.1 billion.
“But, we have to look inwards by devising ingenious ways to ensure that workers do not suffer untoward hardship because of this. We have been striving to pay workers’ salary as at when due in spite of the dwindling revenue,” he said.
The governor commended the judiciary for its exemplary conduct and understanding in the face of dwindling revenue allocations to the state.
Acknowledging the ability of the new Chief Judge to steer the ship of the state judiciary successfully, the governor said the new judiciary helmsman had paid his dues in the private and public sectors before rising to his new position.
He implored the Justice Abimbola to discharge his duties in accordance with his oath of office by ensuring that his personal interests did not influence his official conducts.
“We have made the right choice. We will have the fullest cause to congratulate ourselves very soon for this choice. But, I must emphasise that you should not allow your personal interest to influence your official conducts.
“I can say that the new CJ is honest and forthright. On the bench, he had delivered many judgments that were upheld by superior courts. I’m convinced that he has the ability and capability to perform creditably in his new office”.
Responding after taking the oath of office, Justice Abimbola promised to partner other judges in the state to put fresh initiatives in place that would enhance the administration of justice in the state.
He promised to discharge his duties in line with his oath of office and the Constitution of the Federal Republic of Nigeria, assuring the governor and the people of state that the state judiciary would rank among the best anywhere in the world during his tenure.
“With other judges, we are going to put in place a lot of initiatives to take Oyo State judiciary to the next level. The people of Oyo State should expect the best practices and we will operate under the rule of law,” the new Chief Judge said.
Dr. Festus Adedayo
Special Adviser to the Governor on Media
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
Previous articleIGP Condemns In Strong Terms Pre-Election Violence In Plateau And Rivers States
Next articleBaga Update: NEMA registers 3200 IDPs, strengthens supports
Dr. Festus Adedayo
Dr. Festus Adedayo
https://prnigeria.com/

RELATED ARTICLESMORE FROM AUTHOR

AVM Lanre Ibrahim Oluwatoyin

Third-Estate Celebrates AVM Oluwatoyin’s Illustrious Military Career

Chief of the Naval Staff, Vice Admiral Idi Abbas

Nigerian Navy Rescues Passengers from Sinking Boat, Intensifies War on Oil Theft in Niger Delta

Dealer of a fake medicinal cannabis

NDLEA Busts Fake ‘Medicinal Cannabis’ Syndicate in Lagos, Arrests 28-Year Old Suspect

Nigeria, Ghana Customs Strengthen Ties to Combat Illicit Trade, Boost Regional Economy

FRSC Arrests Over 27,000 Drivers for Traffic Violations in Three Months

EU Deploys 687 Observers for Anambra Guber Poll

Woman nabbed with Live Ammunition

NDLEA Nab Woman with Live Ammunition Bound for Bandits in Zamfara

Abayomi Shogunle

CP Shogunle Meets Security Chiefs to Fortify Election Preparedness Ahead of Anambra Governorship Poll

CP Jimoh Decorates Newly Promoted Senior Officers in Lagos Command

Nation Pays Tribute to Gen. Abdullahi Mohammed Adangba, First Presidential Chief of Staff and Former NSA

Nigerian Army

HOW TO APPLY: Army Invite Nigerians for 2026 Short Service Recruitment Exercise

Fly Smarter, Strike Harder: NAF Boss Charts New Course for Precision Warfare to Air Commanders

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Third-Estate Celebrates AVM Oluwatoyin’s Illustrious Military Career
  • Major General Ilodibia Takes Command as 8th Chief of Defence Space Administration
  • Nigerian Navy Rescues Passengers from Sinking Boat, Intensifies War on Oil Theft in Niger Delta
  • Navy Rescues 11 Passengers from Sinking Boat, Destroys Illegal Refineries in Delta, Rivers
  • As Soludo Denies Christian Genocide, Kanu Appeals to Trump for Sanctions and Igbo Autonomy
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Third-Estate Celebrates AVM Oluwatoyin's Illustrious Military CareerMajor General Ilodibia Takes Command as 8th Chief of Defence Space AdministrationNigerian Navy Rescues Passengers from Sinking Boat, Intensifies War on Oil Theft in Niger DeltaNavy Rescues 11 Passengers from Sinking Boat, Destroys Illegal Refineries in Delta, RiversAs Soludo Denies Christian Genocide, Kanu Appeals to Trump for Sanctions and Igbo AutonomyDSS Directors Meet in Kaduna, Map Out Fresh Strategies to Tackle N'West InsecurityAVM Oluwatoyin: A Legacy of Precision, Service and Quiet Excellence By Oluwatoyin Luqman BolakaleU.S. Military Drafts Airstrike Plans for Nigeria After Trump ThreatNDLEA Busts Fake ‘Medicinal Cannabis’ Syndicate in Lagos, Arrests 28-Year Old SuspectNigeria, Ghana Customs Strengthen Ties to Combat Illicit Trade, Boost Regional EconomyFRSC Arrests Over 27,000 Drivers for Traffic Violations in Three MonthsEU Deploys 687 Observers for Anambra Guber PollTinubu Reaffirms Commitment to Defeat Terrorism, Strengthen Global AlliancesNAF Chief Aneke Charts New Strategic Course for Nigerian Air ForceCP Kankarofi Decorates 42 Newly Promoted Police Officers in Kogi, Reaffirms Commitment to Security Excellence
X whatsapp