A group under the aegis of Kogi state Youth Leadership Summit has called on the Federal Government not to release the bailout fund meant to argument payment of arrears of workers’ salary to the state government until after the November 21 governorship election.
In a protest march by the group to the state office of the Central Bank, Lokoja yesterday, the President of the youth Association, Silas Egbita said the antecedents of the present administration over disbursement of public fund fell below expectation, adding that he might not use the fund judiciously if given.
The youth group that carried placards with different inscriptions like, “we don’t want bail out now”, “CBN hold the release of bail out fund till after election” and others filed out in procession from Zone 8 round-about via Confluence Stadium to the office of CBN where the delivered their message to the officials of the apex bank in Lokoja.
According to executive members of the Youth group, Comrade Audu Ibrahim and Hajia Tanin Amina Musa, the CBN or the power that be should as a matter of importance withhold the said fund for now since the outcry over bond fund and flood money usage is still growing high, especially among the enlightened community in the state.
Stressing that the youths of the state are tired of exploitation by succeeding administrations in the state, the two youth activists implored the Federal government to stay off action until the grey areas and how said fund will actually reach the real beneficiaries are resolved.
They said it is not wise to release the said fund because of the fear of being diverted to serve personal interest rather than treat its original function.
It could be recalled that the Labour leaders in the state, particularly, the members of Nigerian Union of Teachers, NUT have threatened to go on strike any moment from now if the bail out fund is not released now.

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