Oyo assures workers on payment of salaries

Senator Abiola Ajimobi, Oyo State governor

Senator Abiola Ajimobi, Oyo State governor


The Oyo State Government is seeking the understanding of workers and pensioners over the N29bn wage deficit representing five months salary arrears, which it blamed on dwindling allocation to the state from the Federation Account and paltry internally generated revenue.

The government, through the Commissioner for Finance and Budget, Mr. Bimbo Adekanmbi, also disclosed that the N14.1b loan the state is seeking to obtain from the Federal Government and which will be paid in tranches of N1.3b monthly for the first three months and N1.1b monthly for the next nine months, would be used to pay salaries.

The commissioner explained that the delay in the payment of salaries and pensions to workers and pensioners in the past five months was not a deliberate action as being circulated in some quarters but due to non-availability of fund.

The commissioner further clarified that only N37.48b accrued to the state between May 2015 and May 2016 as against the N84bn being peddled about, adding that within the same period, N40.48bn was paid directly to the Local Government Account as its share of allocation, part of which was being used to cater for the salaries of primary school teachers and local government employees.

“Oyo State government is not deliberately denying workers their salaries. Such misconception was borne out of ignorance and sometime deliberate mischief by those who can never see anything good in this administration. People have been peddling unfounded rumour that the state received N84bn from the Federation Account from May 2015 to May 2016, which they claimed we have refused to use for the payment of salaries. They made a rough calculation that with such figure, we ought to be having over N7bn monthly.

”The truth however is that we collected only N37.48 billion after all deductions from …Read More

Source:: PM Newspaper