Gov. Obiano Deducts Civil Servants’ Salaries to Stabilize Microfinance Bank


The Anambra state government says the deductions made from salaries of civil servants are to stabilize the capital of Ndiolu Micro Finance Bank (NMFB) Limited.

The bank, established over 10 years ago, is owned by the workers.

Harry Udu, Head of Service in Anambra, who briefed journalists in Awka, explained that the government made the deductions after consulting with labour unions.


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“Some parties accused the government of deducting varying percentage from workers’ to recapitalise NMFB in line with the directive of Central Bank of Nigeria,” said Mr Udu.

He accused the opposition party of pitching the unions against Governor Willie Obiano.

Mr Udu further explained, “Ndiolu MFB is owned by the workers of Anambra. It is not owned by the government. The insinuation that the directive for the deductions for recapitalisation was made by Chief Willie Obiano is totally untrue and can only be borne out of political mischief.

“Our labour leaders, including the state NLC chairman, have already rebutted these false politically motivated statements and allegations.”

He attributed the allegations to politicking in the build-up to the November 6 governorship election.

“The operation exists to represent every newly elected official.
The attempt to link these deductions to Obiano is futile because the workers are aware of the truth.

“It is also false that workers’ health is not being given enough consideration, since governor Obiano is one of the best in this respect.

“We implore political leaders not to lose time and money in attempting to instill acrimony between the governor and the workforce, as the cordial relationship has lasted for seven years,” he added.

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