Governor Ifeanyi Okowa of Delta State has cried out that the impact of the renewed destruction of oil assets in the state's oil producing parts has gone so bad that the state is now unable to pay salaries regularly.
Speaking at the Government Office Annex in Warri on Wednesday where he convened a stakeholders meeting, the governor said: “The larger Nigerian government has been in financial crisis over dwindling oil prices. Increased production would have helped cushion the impact but instead we are faced with destruction of oil assets.
“Dealing with dwindling oil prices and destruction of oil assets, we are now producing just half of our quota. And we are all really worried because of the greater effect is on Delta State.
"Before now we receive up to N20billion monthly, but what we have now is so low.
Last time we got only N3.4billion. Last month what we received has dropped to N3billion. We now get 1/7th of what we use to have.”
The governor said, going by the current financial position, the state was no longer in a position to pay salaries regularly just as Internally Generated Revenue, IGR, has also nosedived.
“We met a wage bill of N7.4 billion. Our workforce has been unchanged. With biometrics and rationalization, we trimmed that to about N6.8 billion. With the situation, we have in our hands, we are not in position to pay workers regularly anymore.
“If we produce our normal volumes, we won’t have it this bad. We have had to reduce support to the councils. And apart from poor income from Federation Account, IGR has also gone down because money is not circulating.
“I do know that we were receiving reasonable Pay As You Earn, PAYE of up to N1.5bn and N1.6bn monthly. That has gone down. We should realise there’s a challenge. Political office holders, traditional rulers should build peace. Delta State has been on the news for the wrong reasons and that’s not where we want to be.”
Speaking at the Government Office Annex in Warri on Wednesday where he convened a stakeholders meeting, the governor said: “The larger Nigerian government has been in financial crisis over dwindling oil prices. Increased production would have helped cushion the impact but instead we are faced with destruction of oil assets.
“Dealing with dwindling oil prices and destruction of oil assets, we are now producing just half of our quota. And we are all really worried because of the greater effect is on Delta State.
"Before now we receive up to N20billion monthly, but what we have now is so low.
Last time we got only N3.4billion. Last month what we received has dropped to N3billion. We now get 1/7th of what we use to have.”
The governor said, going by the current financial position, the state was no longer in a position to pay salaries regularly just as Internally Generated Revenue, IGR, has also nosedived.
“We met a wage bill of N7.4 billion. Our workforce has been unchanged. With biometrics and rationalization, we trimmed that to about N6.8 billion. With the situation, we have in our hands, we are not in position to pay workers regularly anymore.
“If we produce our normal volumes, we won’t have it this bad. We have had to reduce support to the councils. And apart from poor income from Federation Account, IGR has also gone down because money is not circulating.
“I do know that we were receiving reasonable Pay As You Earn, PAYE of up to N1.5bn and N1.6bn monthly. That has gone down. We should realise there’s a challenge. Political office holders, traditional rulers should build peace. Delta State has been on the news for the wrong reasons and that’s not where we want to be.”
Too bad. Not good for the state at all
ReplyDeleteSouth South governors should talk to their men. They know them
ReplyDeleteOh oooo! Can you see why violence doesn't pay? The whole country had not gotten out of the mess PDP put us into before Avengers started their own madness even the #65,000 they were receiving before had nosedived. What goes around comes around. We will all pay for the madness it only shows how much we love our devastated communities and nation
ReplyDeletelook inward.u go fit make enof money 4rm indiscipline.e.g.people crossing xpres road (wey bridge dey), peopl wey no dey clear dere gutter.motor wey dey pack 4 road any how.
ReplyDeletepls try ds n many more.u go tank me later.
Nawa o, when dem dey vandalise anihw..
ReplyDeletevery good, is affecting every body.
ReplyDeleteDis NIGER DELTA DESTROYERS again?
ReplyDeleteDestroying, Destroying and Destroying.
They thought they are hurting buhari not knowing they are hurting their selves.
ReplyDeleteHmmmm
ReplyDeleteThis is the more reason he needs to talk with the heads of the community to talk to their youth....who are the so cald militants...to stop the bombings.
ReplyDeleteWhen you are digging a hole for your enemies do not dig it too deep you might be the one it will consume by accident. They are killing their people they thought are being avenging for
ReplyDeleteThey knw dem well so arrange dialong
ReplyDeleteowow. so u knw say na u go suffer am pass! talk to dem.
ReplyDelete#Olu,can you see?
This is crazy
ReplyDeleteas heaven is falling, both the tenants & the landlords are crushed.
ReplyDeletePLS MR GOVERNOR, TALK TO YOUR PEOPLE IN THE LANGUAGE THEY UNDERSTAND I THINK THEY WE HEAR YOU
ReplyDeleteHen wey dey Shit 4 pot, na him burial grd him dey spoil.
ReplyDeleteToo bad
ReplyDeleteOga,God will help u bt try n work along with d govt to get dis people
ReplyDeleteThe governor should put head together with the chiefs so they can talk to the youth involved. The know themselves.
ReplyDeleteThere is nothing as good as a peaceful and harmonious community. Mr Governor try your best to bring back the first glory of Delta State. God will help you.
ReplyDelete