Financial Struggles Plague Nigerian Civil Servants as Central Bank Freezes Government Accounts

Financial Struggles Plague Nigerian Civil Servants as Central Bank Freezes Government Accounts

…By Dorcas Funmi for TDPel Media. Nigerian civil servants working in various government departments are facing financial hardships as their accounts have been frozen by the Central Bank of Nigeria (CBN).

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The lack of funds is causing delays in government activities and hampering the ability of workers to carry out their duties, according to reports from senior and junior officers interviewed by Daily Trust.

Payment Freeze Ordered by Former President’s Administration

Sources reveal that the federal government has issued a freeze order on payments to government agencies until further notice.

This directive, it is reported, was given by the administration of former President Muhammadu Buhari shortly before he handed over power to President Bola Ahmed Tinubu.

The freeze was implemented as a preventive measure to curb potential last-minute frivolous spending or misuse of government funds.

Impact on Government Departments and Celebrations

The effects of the funding shortage are becoming apparent, particularly in the Office of the Secretary to the Government of the Federation (OSGF), where frustrated workers are grappling with the situation.

Some speculate that the cash crunch may have contributed to a subdued celebration of June 12 and may have affected the arrangements for the new 21st Secretary to the Government of the Federation (SGF), Senator George Akume.

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Uncertainty Surrounding Future Changes

Officials in the Office of the Head of the Civil Service of the Federation expressed surprise at the freeze order, initially expecting it to originate from the Tinubu administration.

Furthermore, concerns have emerged amid rumors that President Tinubu is considering dissolving the management and boards of federal agencies and parastatals.

This potential move, which officials anticipate to be announced soon, raises worries about the impact on individuals whose tenures are legally protected.

Possible Dissolution of Ministries, Departments, and Agencies

If the dissolution does occur, it would encompass all ministries, departments, and agencies, potentially including political appointments made by the Buhari administration.

This development follows the recent suspension of AbdulRasheed Bawa, the chairman of the Economic and Financial Crimes Commission, as well as the suspension of the governor of the Central Bank, Godwin Emefiele.

Lack of Clarity and Official Statements

When approached for comment, Mr. Ollie Bassey, the Director of Information at the Office of the Secretary to the Government of the Federation, stated that he was not aware of these recent developments, highlighting the lack of clarity and official statements regarding the freeze order and potential changes within the government.

Conclusion: Civil Servants Facing Financial Struggles Amidst Uncertain Times

The freezing of government accounts by the Central Bank of Nigeria has created significant challenges for Nigerian civil servants across various government departments.

With a shortage of funds hindering government operations and affecting the performance of workers, concerns and uncertainties loom regarding potential changes and dissolutions of management and boards.

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As the situation evolves, affected individuals eagerly await further clarification and official statements to navigate through these difficult times.

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