States’ allocations delayed due to cash shortage –Minister
... N160bn arrears may be paid today TOLA AKINMUTIMI ABUJA
T
he inability of the Federal Government to pay out-
Okonjo-Iweala
Vol. 3 N0. 646 ROTIMI FADEYI, INUSA NDAHI AND OMEIZA AJAYI
A
t least 23 persons including nine students and one examination official were yesterday killed by gunmen suspected to be members of the Boko Haram Islamic sect in separate attacks in Maiduguri, the Borno State capital. The incidents came barely 24 hours after seven students and two teachers of Government Secondary CONTINUED ON PAGE 2>>
standing arrears of the February allocations to the state governments was due to a cash shortage that hit the national treasury, the Minister of State for
Finance, Dr. Yerima Ngama, said yesterday Ngama said the depletion of accruals to the Federation Account was reCONTINUED ON PAGE 5>>
Sanusi
Wednesday, June 19, 2013
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L-R: Leader of delegation from the Presidency and Minister of Industry, Trade and Investment, Mr. Olusegun Aganga; former Federal Commissioner for Works and Housing, Alhaji Femi Okunnu (SAN); Ogun State Governor Ibikunle Amosun; National Leader, Action Congress of Nigeria, Asiwaju Bola Tinubu and former presidential candidate of the Congress for Progressive Change, Maj-Gen. Muhammadu Buhari, at the special prayer for the late Alhaja Abibatu Mogaji in Lagos, yesterday. PHOTO: YINKA ADEPARUSI
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