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.
Gov. Ugwuanyi stated this during a courtesy visit by members of the
Senate Committee on State and Local Government Administration led by
its Chairman, Senator Abdullahi Gumel, to the Government House, Enugu.
The Committee was in Enugu on an oversight function on the utilization
of bailout funds released to states by the federal 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
“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
“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.