x

Borno gov gives bail out to 5 state own agencies

By Dauda R Pam

The Borno State Government has approved the sum of N28.198 million bailout to fund salary arrears of five months to state-owned Hotels and its Investment Company.

This was contained in a statement issued by, Alhaji Babasheikh Haruna, Special Assistant on Media to Governor Babagana Zulum, and made available to the media in Maiduguri.

He disclosed that the approval was to settle the backlog of five months of salary arrears owed workers of the Borno State Hotels and Maiduguri International Hotel and that workers of the Borno State Investment Company would receive seven months’ salary owed them from January to July, this year.

According to the statement, the sum of N17.91 million was for payment of salary arrears to workers of the hotels while N11 million was to settle salary arrears of workers of the investment company.

The SA media said, “The organisations, hitherto, supposed to be self-sustaining but due to poor revenue generations, the state government offered a bailout to pay the backlog of salaries of these companies.

“Those to benefit from the governor’s magnanimity include the casual staff of the State Hotels in Maiduguri and Biu, respectively,” he said.
Ends

Hot this week

NYA Urges Leaders to Adopt People-Centred Approach Amid National Challenges

The National Youth Alliance (NYA) has called on political...

NYA Urges Youths to Defend Democracy Amid Nigeria’s Challenges

The National Youth Alliance (NYA) has called on young...

Retired Police Officers Elect New Leader, Announce Planned Protest Over Pension Concerns

A group of retired police officers under the Contributory...

Kogi Calls for Unified, Science-Based Healthcare Delivery on World Health Day

The Kogi State Government has called for stronger collaboration...

Kano Assembly Drops Impeachment Proceedings After Deputy Governor’s Resignation

The Kano State House of Assembly has withdrawn impeachment...

Activist Alleges Boko Haram Infiltration of Institutions, Calls for Probe in Borno

A Borno-based activist, Rev. Kallamu Musa Ali Dikwa, has...

EFCC Arraigns Businessman Over Alleged N64m Fraud in Onitsha

By Francis WilfredThe Economic and Financial Crimes Commission...

Group Holds Easter Medical Outreach for Patients in Kaduna Community

A non-governmental organisation, the Grassroots Initiative for Good Governance...

​FCTA to takeover Jikwoyi Collapsed land, Prosecute Owner

By Joyce Remi- BabayejuThe Federal Capital Territory Administration (FCTA)...

VeryDarkMan Claims DSS Contact Over Alleged Protest Plot, Criticises Tinubu Administration

Nigerian social commentator Martins Otse, popularly known as VeryDarkMan,...

Related Articles

Popular Categories

spot_imgspot_img