Wednesday, 17 June 2015

Fayose Owes May Salary Only – Aide

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The Ekiti State Government has cleared the air on its indebtedness that its owing the State Government’s workers a month salary and not the alleged three months.
The Special Assistant on Public Communications and New Media to the Governor, Lere Olayinka, made the revelation in a statement on Wednesday, stating that only May 2015 salary was being owed by Governor Ayodele Fayose-led government.
Mr Olayinka alleged that the immediate past All Progressives Congress (APC) government of Dr Kayode Fayemi, refused to pay August and September, 2014 salaries, despite receiving federal allocation for the two months.
He however added that “the Fayose-led government had already cleared the August 2014 salary left unpaid by the APC government, leaving that of September that will be paid as soon as there is improvement in the State finances.”
On the unpaid May salary, he said “allocation of May that was received was not enough to pay salary, leaving the government with the option of waiting for June allocation that is expected to be released next week and the moment that is done, workers will get their May salary.”
Mr Olayinka also noted that apart from the shortfall in the federal allocation, the gross mismanagement of Ekiti State finances by the immediate past government was responsible for the present parlous state of the State finances.
“As at the time we assumed office, unpaid Bank loan was N15, 831,613,425.62 while outstanding payment from the N25bn bond was N26,749,796,784.75, making N42.6bn debt from bank loans and bond alone.
“N21, 286,126,749 was outstanding payment to road contractors while N5, 137,888,224.37 was outstanding emoluments to State Public Servants,” Olayinka said.
He explained further that “the state was able to meet up with payment of salary because of the six months moratorium gotten from financial institutions, from which the immediate past government obtained loans.
“Painfully, these credit facilities were used to execute income-generating projects, and the repercussion of the financial recklessness of the past administration is the parlous economic situation of the State now.
However, the Governor’s aide expressed optimism that with the cooperation of the people, especially the workers, the State Government would continue to strive to rescue the State from its present financial predicament.

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