Monday, 5 December 2016

President Buhari Endorses Payment of Salary, Pensioners Arrears

Nigerian government workers and retired people will have motivations to smile taking after news that President Muhammadu Buhari has endorsed the payment of their overdue debts and salary.President Buhari Endorses Payment of Salary, Pensioners Arrears

As indicated by NTA, President Buhari said: "I have approved the payment of 522 billion naira to the State Governments, to empower them pay and pension arrears, and put money in the economy."

"We have stipulated that no less than half of the assets ought to be committed to salaries and pensions, and we will review payment to guarantee consistence.

"The Ministry of Finance is at present preparing the main group of 153 billion naira, which, I am told, will be discharged to 14 States. 

"The Ministry will give more subtle elements on how the assets will be dispensed and how we will screen the usage to guarantee that Nigerians get the full benefits from their State Governors.

"As I said in my Independence Day Speech, I solidly trust that this recession won't last."

President Buhari who expressed more worries about the monetary difficulties in the nation, noted further that, "We ought not permit our brief issues to blind us from the restorative course this administration is diagramming for Nigeria. We comprehend what our difficulties are and we are working hard to give solutions that will last."

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