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 Nigeria is broke, Amaechi insists

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PostSubject: Nigeria is broke, Amaechi insists   2015-05-18, 04:31

The Rivers State Governor, Mr.
Rotimi Amaechi, has again declared
that Nigeria is broke and blamed
the inability of the state and others
to pay workers’ salaries and
pensions on the nation’s current
poor financial condition.
Amaechi said that the nation’s
economic condition could be
noticed through the dwindling
statutory monthly allocation
usually received by the state from
the Federal Government.
Speaking during a thanksgiving
service organised by the
governorship candidate of the All
Progressives Congress, Dr. Dakuku
Peterside, and his campaign outfit,
the Greater Campaign Organisation
in Port Harcourt on Sunday, the
governor recalled that he was
described as an alarmist last year
when he cried out over Nigeria’s
poor financial state.
Amaechi pointed out that the
nation’s economy had continued to
fall since he made the statement in
December 2014.
“When I said sometime last year
that Nigeria’s finances was in a dire
strait, some people referred to me
as an alarmist. Since I made that
statement in December last year,
the statutory allocation to the state
has continued to decline.
“Now, almost all the states are
finding it difficult to pay salaries.
The state government owes civil
servants their April salaries and
pensioners’ four months’ salary
arrears because the state does not
have the money to pay them,” the
governor said.
Amaechi explained that he decided
to channel financial resources
towards the completion of ongoing
projects, which he promised would
be completed before the end of his
administration on May 29, 2015.
He said, “Some people have chosen
to make an issue of the difficulty
we are currently experiencing in
paying the salaries of civil servants
as well as the arrears of our
retirees. It is not our making.
“No government will deliberately
refuse to pay the salaries of its
workers. We will pay as soon as we
receive our share of our statutory
monthly allocation from the
Federal Government.
“It is not easy to joggle the
payment of salaries and the
implementation of capital projects
that are actually geared towards
developing the state, creating jobs
and improving the economy of the
state because more monies go into
the society when you award
contracts and pay the contractors
on time so that they can also pay
their workers on time.
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PostSubject: Re: Nigeria is broke, Amaechi insists   2015-05-18, 04:33

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