The senate committee on Bail out funds given to all the governors in South east recently visited the Enugu State Government house after rating Enugu state  Governor Ifeanyi Ugwuanyi as the best governor that used the bail out funds judiciously.

  • Gov. Ifeanyi Ugwuanyi of Enugu State plays host to members of the Senate Committee on State and Local Government Administration led by its Chairman, Senator Abdullahi Gumel at the Government House, Enugu. Said his administration has judiciously utilized the bailout fund received for the purposes of liquidating the outstanding pensions and subvention to parastatals, agencies and departments and further appealed to the federal government for the refund of over N22 billion the state government has spent on the reconstruction and rehabilitation of some federal roads in the state.




    The committee is in Enugu on an oversight function on the utilization of bailout funds released to states by the federal government.
    According to the governor, “ Enugu State applied for bailout funds from the Federal Government totaling N40.9 billion. Out of this sum however, we received only N4.207billion to be used for the liquidation of outstanding pensions and subvention to parastatals, agencies and departments”.
    “Distinguished Senators, I am happy to announce that we successfully utilized the funds for the stated purposes, as you would confirm from the records (to be) made available to you by the State Ministry of Finance.
    “You will also be furnished with the details of how we applied other funds released to the State by the Federal Government within the life of this administration.” #EnuguState

  • In a statment by Governor Ifeanyi Ugwuanyi;
    We’ve judiciously utilized our Bailout Fund, says Ugwuanyi
    Governor Ifeanyi Ugwuanyi of Enugu State has stated that the
    N4.207billion bailout fund his administration received for the
    purposes of liquidating the outstanding pensions and subvention to
    parastatals, agencies and departments has been judiciously utilized by
    the state government.
    Speaking at the event, the governor disclosed that the function was a
    very important assignment that promotes the enthronement of
    accountability and transparency in the management of public funds.
    He revealed that the state “applied for bailout funds from the Federal
    Government totaling N40.9 billion”, adding that “out of this sum
    however, we received only N4.207billion to be used for the liquidation
    of outstanding pensions and subvention to parastatals, agencies and
    departments”.
    “Distinguished Senators, I am happy to announce that we successfully
    utilized the funds for the stated purposes, as you would confirm from
    the records (to be) made available to you by the State Ministry of
    Finance.
    “You will also be furnished with the details of how we applied other
    funds released to the State by the Federal Government within the life
    of this administration,” Governor Ugwuanyi explained.
    The governor who commended “the bold and timely initiative” of the
    federal government to provide states with bailout funds for use in
    addressing critical issues of development,  also used the opportunity
    to further appeal for the refund of over N22 billion the state
    government has spent on the reconstruction and rehabilitation of some
    federal roads in the state.
    Governor Ugwuanyi however, urged the Committee to help make a case for
    the release of more resources to states to enable them address their
    peculiar challenges adequately.
    Earlier, Senator Gumel thanked the governor for receiving them and
    applauded his administration’s giant strides in the state especially
    in the areas of good governance, infrastructural development and
    payment of workers’ salaries.
    He explained that the visit was in furtherance of their legislative
    oversight duties to ensure transparency and accountability.

Author: Alexander

Web Developer and Administrator at HN Initiative

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