Senate clears Ajimobi on bailout fund usage

By Wahab Akanji, Abuja

Senate Committee on State and Local Government Affairs have expressed satisfaction over the administration of Federal government’s bail-out funds by Oyo State government.

Chairman of the committee, Senator Abdullahi Gumel stated this when he led other members of the committee on an oversight function in the state.

The purpose of the visit by the committee was to investigate how Oyo state expended the bail out funds it received from the Federal government.

It would be recalled that, there have been allegations in some quarters that some state governments who benefited from the bail-out funds of the Federal Government, meant for payment of workers salaries and wages, diverted the funds to other expenses.

This subsequently prompted the resolution of the Senate to investigate the expenses of the funds by benefiting states.

The Senate Committee was received by the State Governor, Senator Abiola Ajimobi at his office in Ibadan, where the Governor informed the committee that the sum of seventeen point three billion Naira was received by the state as bail-out funds.

Ajimobi stated that the funds were judiciously used for the payment of salaries and wages of its workforce.

Briefing journalists after a graphic presentation of how the state government expended the bail-out funds by the Commissioner for Finance, Mr. Abimbola Adekanbi at a closed door session, the senate committee expressed satisfaction over the administration of the fund.

The committee chairman, Senator Gumel commended the State Government for its transparency and accountability on the bail-out funds.

He advised the State Government to put in place necessary machinery to eliminate redundancy and ghost workers.

Gumel hinted that all the states the committee had visited so far, did not divert the bail out funds for other purposes.

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