It depends on the availability of funds, Gov Otti explains why he’s yet to increase workers’ salaries in Abia

The Abia State Government, under Governor Alex Otti, has said it has not reneged on its promise to increase workers’ salaries.Otti disclosed this Tuesday while briefing journalists in the state capital, Umuahia....READ FULL ARTICLE

According to him, implementing the salary review depends on the availability of funds.

“I have not withdrawn my promise to increase workers’ salaries, but implementing it will depend on the availability of funds; hence, a committee has been working on it,” he stated.

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Meanwhile, he added that the state recently secured a $125 million loan from the Islamic Development Bank for its 2024 budget implementation.

“Two days ago, the Islamic Development Bank approved the sum of $125 million as a loan for us to implement the budget,” he said. FIDELINFO recalls that in December last year, Otti signed the 2024 Appropriation Bill of N567.2 billion into law.

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However, the state had planned to borrow 71 per cent to fund the 2024 budget....READ FULL ARTICLE

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