Friday 11 August 2017

How Osun Govt. Spent Second Tranche of Paris Club Loan Refund


The State Government of Osun has released figures explaining in details how it disbursed the N6.314b received from the Federal Government as the second tranche of the Paris Club Refund given to states in the federation.

In an infograph released by the government, the state paid out N5,998,493,302.05 out as salaries, pensions, leave bonuses and other emoluments to its workforce above recommended figures by labour unions in the state. Recall the state through a Revenue Apportionment Committee headed by Comrade Hassan Sunmonu regularly meet with the unions to apportion revenue in the state.                        
Giving the breakdown, N503,908,457.4 was paid as Leave Bonuses to Civil Servants, N3,768,669,258 was used to pay workers’ salaries as well as clear July and August half-salary arrears of 2015 owed senior cadre of workers in the state. 
The State Government of Osun in the infograph said N934,841,306 was used to pay Local Government Workers as a total sum of N791,074,280.8 went to the pockets of the pensioners that retired from the civil service. 

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