PDP Warns Against Release of N50 billion naira Bailout To Kogi State Government.



——PDP working to frustrate payment for political reason- Gov. Bello

The Peoples Democratic Party, (PDP), Kogi State Chapter on Sunday warned the Federal Government against releasing the N50 billion naira bailout to the Governor Yahaya Bello led administration, as being requested.

The party noted that “news reaching the party shows that Gov. Yahaya Bello and the Commissioner of finance have intensified efforts in  lobbying the APC controlled federal government to secure release of further 50billion bailout.

The PDP in a statement signed by Bode Ogunmola, State Publicity Secretary, says the question that needs to be asked is how has the government of Alhaji Yahaya Bello utilized past funds released to him thus far.

The Kogi State PDP further noted that the state is hugely indebted and is owing workers salaries for upward of 38 months after it has taken several loans from banks without any development to show for it.

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According to the PDP, “All the administration has embarked upon is reckless looting of state resources”, warned that any attempt to compromise by the CBN, would be a great disservice to the suffering people of Kogi State.

The PDP disclosed that the  bailout itself is not a free fund, saying that the money is a loan that will be paid back over a period of time with 9% interest, warning that any government that prides itself in probity will ask questions on how past releases were utilized before committing Kogi State into further debt.

The PDP explained that while it is not against the payment of workers their entitlements, however said it had earlier suggested that the CBN should initiates moves to probe past utilization of earlier releases and make arrangements to pay workers directly.

The PDP warned that any further release to Gov. Yahaya Bello would amount to a disservice to the poverty stricken workers of Kogi State, pointing out that the government is financially reckless, with penchant for looting state resources and has the penchant not to pay salaries.

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The PDP asked the CBN to pay Kogi workers directly stating that any attempt to release the balance of bailout to governor bello, would amount to giving him his pay off, because the government has been rejected and would be voted out in November.

In a Swift reaction, Governor Bello said that the posture has show that the PDP doesn’t want his government to pay the few months arrears owed civil servants despite the fact that it was the PDP Government that left many months unpaid before leaving in January 2016.

In a statement by Governor Bello’s Director General Media and Publicity, Kingsley Fanwo , said that the thinking of the opposition is that if those arrears are not paid, the Civil Servants won’t support the second term ambition of the Governor.

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The statement which reads in part said “They are free to continue to play politics with the welfare of the civil servants while we continue to work towards ensuring the welfare of workers is taken care of.

“The bail out was approved and it will be released so that we can pay workers their entitlement. The workers have cooperated substantially with the policies of our administration.

“They have shown great understanding of our intentions and efforts at reforming the civil service. This administration will therefore ensure their arrears which is a carryover from the previous PDP administration are paid.

“PDP should know that the CBN under their administration is no more the CBN under the Buhari administration. The CBN under the Buhari administration is credible and accountable. It doesn’t wait for bribe to do its work.

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