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Published On: Tue, Oct 21st, 2014

Only 5 states can survive financial crisis facing nation, Gov. Aliyu warns

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From Yakubu Mustapha, Minna

Governor Mu’azu Babangida Aliyu, of Niger state, has raised an alarm that only five of the 36 states of the federation can survive the financial crisis that the nation is facing at the moment.
He made the disclosure yesterday at the opening of the 4th Congress and National Workshop on Cooperative Trade as a Driver of Job Creation and Employment Generation in Minna, expressed fears that his promise to always pay salaries of civil servants on the 25th of every month is now being threatened.
The governor’s alarm came after the failure of the Federation Account Allocation Committee (FAAC) to distribute money to the states of the Federation at its meeting held in Enugu; a development he said will affect the payment of the October salary in his state.
Governor Aliyu, therefore, called on the Acting Commissioner for Finance, Alhaji Hassan Abdullahi to narrate what happened at the FAAC meeting of last week.
Narrating the incident, Hassan said “We were in Enugu for three days; on the third day, they called us into a room and told us to go back because there was no money to share” he stated.
Governor Aliyu, who described the situation as very unfortunate advised that something urgent should be done to restore sanity to the situation in the Federation Account Allocation Committee.
The governor also urged governors and the private sector in the country to pursue aggressive wealth creation, as a way of stopping the problem facing oil exploration and its sales, especially vandalization of oil pipelines.
He said the state has been able to pay all outstanding pensions and gratuities to retired workers, adding that this was possible because of the take-off of the Contributory Pension Scheme in 2008.

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