• Latest
  • Trending
  • All
Ajimobi Writes Makinde, Alaafin, Condoles Over Ayoola's Death

How We Will Spend N7.9bn Paris Club Refund – Ajimobi

July 23, 2017
Pams Travels CEO, Mustapha, Champions Girl Child Rights, Targets 10,000 For Empowerment

Pams Travels CEO, Mustapha, Champions Girl Child Rights, Targets 10,000 For Empowerment

November 6, 2026
Oyo Lagba Forum Opens Online Registration For Leadership, Civic Engagement

Oyo Lagba Forum Opens Online Registration For Leadership, Civic Engagement

November 6, 2026
Aare Musulumi of Yorubaland Loses Wife, Oyo FOMWAN Mourns

2027 Governorship Is For A Muslim, Alli Is Our Choice – Aare Musulumi 

November 6, 2026
Akinyele’s Turn or APC’s Risk? Rotation, Reality and Representation in Lagelu/Akinyele Federal Constituency

Stop Selling Oyo Assets – APC Warns Makinde Over Agodi Fish Farm

November 6, 2026
Seven Facts That Keep Sharafadeen Alli AHEAD In 2027 Oyo Governorship Race By Bisi Oladele

SSACO Condemns Attack On APC Members, Petitions Police

November 6, 2026
Oyo Govt Targets Billions From Arts, Crafts, Cultural Tourism, Woos Foreign Investors

Oyo Govt Targets Billions From Arts, Crafts, Cultural Tourism, Woos Foreign Investors

November 6, 2026
2027: Alli Promises LG Autonomy From Day One, Unveils ‘My Pact’ Manifesto

OYO AHEAD: Senator Alli Blueprint for Oyo Renewal By Muji Armstrong-Bello, JP

November 5, 2026
Akinyele’s Turn or APC’s Risk? Rotation, Reality and Representation in Lagelu/Akinyele Federal Constituency

Oyo APC To Boye Nation: Back Tinubu, All APC Candidates Or Stay Clear

November 5, 2026
Oyo Lawmaker, Akintayo, Extends Healthcare Intervention To 16 Primary Health Centres In Oluyole

Oyo Lawmaker, Akintayo, Extends Healthcare Intervention To 16 Primary Health Centres In Oluyole

November 5, 2026
Lagelu LG Commissions 300-shop Ultra-Modern Market In Akobo

Lagelu LG Commissions 300-shop Ultra-Modern Market In Akobo

November 5, 2026
2027: Alli Promises LG Autonomy From Day One, Unveils ‘My Pact’ Manifesto

You Cannot Copy What You Have Lived – SSACO Replies Makinde, Adekanmbi Over Manifesto Claim

November 5, 2026
G-WAGON: Dare Adeleke, A Liar’ll Steal; Why’re You Desperate To Conceal The Truth?

G-WAGON: Dare Adeleke, A Liar’ll Steal; Why’re You Desperate To Conceal The Truth?

November 5, 2026
">
ADVERTISEMENT
  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today
Sunday, November 8, 2026
  • Login
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview
No Result
View All Result
No Result
View All Result

How We Will Spend N7.9bn Paris Club Refund – Ajimobi

by InsideOyo
July 23, 2017
in Political News
0
Ajimobi Writes Makinde, Alaafin, Condoles Over Ayoola's Death

RelatedPosts

2027 Governorship Is For A Muslim, Alli Is Our Choice – Aare Musulumi 

Stop Selling Oyo Assets – APC Warns Makinde Over Agodi Fish Farm

SSACO Condemns Attack On APC Members, Petitions Police

Governor Abiola Ajimobi-led Oyo state government has disclosed that 60% of the latest Paris Club Refund of N7.9bn will be expended on salaries, wages and pensions of workers in the state, saying that its decision to use 100% of its federal allocations for workers’ welfare still stands.

The government has also explained that about 80% of its much touted debt profile of N115bn by political opponents is made up of salaries, gratuities, pensions and wages owed workers and pensioners in the state, emphasizing that it also includes gratuities and pensions predating Governor Ajimobi’s administration.

">
ADVERTISEMENT

The State Commissioner for Finance and Budget, Mr. Abimbola Adekanmbi made these explanations while featuring on a live Programme on a private radio station in Ibadan at the weekend, saying that the remaining 20% is largely composed of financial support from the federal government such as budget support and infrastructural loan.

Adekanmbi stated that the the Abiola Ajimobi’s administration is very committed to the welfare of the entire people of the state, hence, its decision to deplore 60% of the first disbursement of the first tranche of Paris Club Refund for workers welfare which is more than the 50% suggested by President Muhammad Buhari.

According to the Commissioner, “We will all recall that President Buhari has told state governments to use at least 50% of the refund for workers’ wages, salaries and allowances. We are doing more than the 50% in Oyo State. When we collected the first tranche of N7.2bn, we used 60 % for workers’ salaries and wages. We also collected a part two of the inflow of the sum of N5.003bn and committed 100% to salaries and salary related payments of workers in the state.

ADVERTISEMENT

“We have paid two months salaries three times consecutively and the governor has not relented in his efforts to clear all the outstanding wages. We will all remember that Oyo State was initially excluded from the refund, but the governor’s tenacity and strong will ensured that we also got our share.

“It amazes me when people throw figures in the air without proper explanation or understanding. It is ver disappointing when people who claim to be knowledgeable bandy figures for mischief with malicious intent for cheap political gain. Our books are available for all to see and the leadership of the workers’ unions meet with us regularly. We devote 100% of our federal allocations to workers’ salaries and salary related and we did not borrow all the N115bn debt.

“About 80% of it is an accumulation of outstanding salaries, pensions, gratuities including those from previous administrations. We will do all within our capacity to always set the record straight and put things in proper perspective with a view to enlightening the public,” Mr. Adekanmbi said.

Share this:

  • Share on WhatsApp (Opens in new window) WhatsApp
  • Tweet
  • Share on Telegram (Opens in new window) Telegram
  • Share on Threads (Opens in new window) Threads
  • Email a link to a friend (Opens in new window) Email
  • Share on Bluesky (Opens in new window) Bluesky

Like this:

Like Loading…
Tags: Governor Abiola AjimobiHow We Will Spend N7.9bn Paris Club Refund – AjimobiNigeria newsoyo paris club refundoyo state newsParis Club RefundPresident Muhammad Buhari
Previous Post

Why We’re Raising N50Bn For Upgrade Of 679 Health Facilities, Says Oyo Govt.

Next Post

Where Is Hon. Sugar?

InsideOyo

InsideOyo

InsideOyo is an independent news medium for up-to-date events and happenings within and around Oyo state, Nigeria.

Related Posts

Aare Musulumi of Yorubaland Loses Wife, Oyo FOMWAN Mourns

2027 Governorship Is For A Muslim, Alli Is Our Choice – Aare Musulumi 

by Deji Moore
November 6, 2026
0

The Aare Musulumi of Yorubaland, Edo and Delta States, Alhaji Dahud Makanjuola Akinola, has backed calls for a Muslim to...

Akinyele’s Turn or APC’s Risk? Rotation, Reality and Representation in Lagelu/Akinyele Federal Constituency

Stop Selling Oyo Assets – APC Warns Makinde Over Agodi Fish Farm

by Adebola Sanmi
November 6, 2026
0

The All Progressives Congress (APC) in Oyo State has raised another alarm over plan by the administration of Governor Seyi...

Seven Facts That Keep Sharafadeen Alli AHEAD In 2027 Oyo Governorship Race By Bisi Oladele

SSACO Condemns Attack On APC Members, Petitions Police

by Ayo Mukhail
November 6, 2026
0

The Senator Sharafadeen Alli Campaign Organisation (SSACO) has called on the APM governorship candidate Hon. Bimbo Adekanmbi to rein in...

Oyo Govt Targets Billions From Arts, Crafts, Cultural Tourism, Woos Foreign Investors

Oyo Govt Targets Billions From Arts, Crafts, Cultural Tourism, Woos Foreign Investors

by Olayi Abide
November 6, 2026
0

The Oyo State Government has said its arts, crafts and cultural tourism sectors have the potential to generate billions of...

Next Post
Oyo Police: List Of Those In Custody Over Olatoye Sugar's Death (SEE NAMES)

Where Is Hon. Sugar?

Please login to join discussion

Are YOU in distress? Call Oyo State Emergency Number NOW!!!

oyo State Emergency Number

Click to download InsideOyo.com App

Join Our WhatsApp Group

Copyright © 2025 Inside Media

Navigate Site

  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview

Copyright © 2025 Inside Media

%d