Enugu State Executive Council has approved the procurement of a bailout fund of four billion, two hundred and seven million naira for the state through the Central Bank of Nigeria (CBN) for the liquidation of the outstanding salaries, pensions and arrears with subventions for parastatals, institutions and boards.
The council equally approved the procurement of the sum of ten billion naira loan from the CBN for infrastructural development in the state.
The State Commissioner for Information, Dr. Godwin Udeuhele while briefing the Government House correspondents after the council’s meeting presided over by Governor Ifeanyi Ugwuanyi observed that the approvals were sequel to the memoranda from the state Hon. Commissioner for Finance Mrs. Eucharia Offor requesting for the approvals in view of the urgent need for the state government to clear all her workers entitlements and consolidate on its on-going developmental projects in the state.
Commissioner Udeuhele was joined at the press briefing by his Ministry of Commerce and Industry counterpart, Barr. Ogbu-Nwobodo, as well as the Commissioner for Culture and Tourism, Barr Chika Smart Ogbe.
According to him, the council also approved the relocation of motor mechanics and other allied workers in Enugu metropolis to the mechanic village Umuatugbuoma Akegbe Ugwu in Nkanu West local government area, sequel to a memo from the State Commissioner for Commerce and Industry, Barr. Sam Ogbu-Nwobodo.
According to Dr. Udeuhele, the council had further mandated the State Ministry of Commerce and Industry to open up more mechanic villages at Nsukka urban, Emene, Ninth Mile Corner among others to improve the environmental status of the state’s urban areas as well boost its economic and commercial life.