Kogi state government has
concluded plans to purchase 109 luxury cars worth $12 million ,despite
inability to pay salaries.
Beneficiaries include
traditional rulers, House of Assembly members, Commissioners local government
administrators.
The contract for the
supply of 55 Toyota Prado Jeeps, 29 Camry Cars, 11 Corollas and 14 Land Cruiser
Jeeps , all 2016 models
According to the documents
signed by the state’s commissioner for Finance, Asiru Idris, dated June 9,
shows that the $12m will be a loan from Zenith bank with an interest rate of 8%
repayable for 3 years.
. The cost of the vehicles is
N2,899,000,000 with the breakdown as- 11 Toyota corolla at N143million
(13million per unit); 29 Camry Cars N551 million (N19m per unit); 55 Toyota
Prado VXL at N1,650 billion (N30 million each); 5 Land Cruisers V8 VXR at
N240million (48 million per unit) and 9 Land Cruisers V8 VXR at N315 million (
N35million per unit)
. More worrisome, the Kogi
state government has offered to pay in Dollars thereby violating CBN rules just
as the said $12m loan will be repaid via Internally Generated Revenue.
Governor Yahaya Bello was
recently stoned by aggrieved citizens for alleged lack of sensitivity to the
plight of workers.
The state is 11 months behind
in the payment of civil servants wages.
pointblanknews
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