All Progressives Congress (APC) has hailed
President Muhammadu Buhari for coming to
the aid of Nigerian workers with a multi-
billion-naira package that will not only ensure
that all arrears of salaries owed by many
states across the country are immediately paid, but will also make it easier for the states
to meet their monthly salary obligations
henceforth. In a statement issued in Abuja yesterday by
its National Publicity Secretary, Alhaji Lai
Mohammed, the party said it was particularly
delighted that the president had shown that
he was truly the father of the nation by
eschewing partisanship and approving the intervention funds for all the states,
irrespective of parties they belonged. “We say this because when states were
financially handicapped during the tenure of
the last Federal Government, opposition
states were hung out to dry while states
belonging to the then ruling Peoples
Democratic Party (PDP) got generous bailouts,’’ it said. The APC said by his action, President Buhari
had practicalized his deep understanding of
the essence of governance, which, more than
anything else, was about the well being of the
citizenry. The party said worthy of note and
commendation was the fact that the special
intervention fund approved by President
Buhari was packaged without any external
borrowing, despite the paucity of funds
occasioned by the fall in the price of crude oil and the unprecedented profligacy of the
immediate past administration that dried out
the pot of national resources. It said so early in the life of his administration,
President Buhari was walking his talk by
showing that with prudence, financial
discipline, plugging financial leakages and a
deep sense of patriotism, even the nation’s
dwindling resources could still be more effectively utilized for the benefit of Nigerians,
rather than be looted by thieving public
officials who abused their offices. The party described as uncharitable and a
clear indication that shame had taken flight
the situation in which those who created the
rot that was now being cleared by President
Buhari were the same ones daring to point
fingers at the government that inherited their rot. “The PDP that spent the past 16 years
plundering and pillaging Nigeria has boasted
that the Nigerian people will soon come, cap
in hand, to beg them to return to power. What
delusion! What arrogance!’’ the party stated. APC said the multi-pronged package
approved by President Buhari included the
sharing of about $2.1 billion sourced from the
LNG’s payment to the Federation Account;
and a CBN-packaged special intervention
fund that will offer financing to the states, ranging between N250 billion to N300 billion,
as a soft loan available to states to access for
the purposes of paying backlog of salaries. “Also, the president has approved a debt
relief programme that will help states
restructure their commercial loans currently
put at over N660 billion. The implication is
that the life span of such loans will be
extended, while reducing the states’ debt- servicing expenditures, thus leaving the
states with enough resources – which
otherwise would have been removed at
source by the banks – to meet their monthly
salary obligations, among others. “History is repeating itself before our very
eyes. Some 31 years ago, Buhari, then as a
military head of state, also inherited a huge
national rot similar to what has been
bequeathed to it by the PDP, and had to
approve N480 million for the payment of arrears of workers’ salaries. Truly, the
president is a man of destiny,’’ the party said. It said with thousands of workers made
destitutes by the frittering away of the
commonwealth under a rapacious and
wasteful PDP government now being given a
new lease of life, their purchasing powers
being boosted and the nation’s economy being reflated, the change which the
president and his party promised the nation
has just begun. ‘We thank Nigerians for voting the APC into
power at the centre and for believing in us
even when the horizon became hazy, not out
of our making but because of the misdeeds of
the past. By their relentless support for
President Buhari and the APC, Nigerians have indeed demonstrated that what is worth
fighting for is worth defending,’’ APC said.


sunnewsonline.com/new/apc-hails-buhari-for-ending-workers-misery/

Nonsense. Those governors needs to be tutored on how to be productive. Not dependent.

And what was resposible for the past admistration's failure in paying their states?
One only hopes this released money get to them this time arround!

The beginning of another round of looting