FG Bailout Not With States Yet – Ondo State

Ondo state Government says it was yet to receive any bailout from the Federal government to pay outstanding  workers salary. However, it received N2.2 billion accrued to it from taxes, being part of June allocation from the Federation account.

At a joint media briefing addressed by the state’s Commissioner for Information Hon. Kayode Akinmade and his Finance counterpart, Chief Yele Ogundipe in Akure yesterday, the government noted that the bailout proposal presented to the President at a recent meeting by state governors was yet to bear fruit as modalities on it are still being worked out.

“I can tell you that so far, no concrete action has been taken in that direction, notwithstanding the fact that all across the nation and in particular in Ondo, most people have read in the newspapers and heard that the Federal government distributed over N720b to assist the states in the payment of salaries on Monday,” the Finance Minister said.