Tuesday 26th September, 2017
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Rector expresses concern over huge wage bill

Rector expresses concern over huge wage bill

The Rector of the Abia State Polytechnic, Aba, Prof Martin If­eanacho, has expressed con­cern over the huge wage bill and running costs of the in­stitution.
Recall that workers of the Polytechnic had re­cently embarked on strike over non-payment of eight months’ salary arrears, thus bringing the business of teaching and learning to an abrupt halt.
Prof Ifeanacho, who stat­ed this in a chat with news­men in his office, disclosed that his administration in­herited the six months’ sal­ary arrears and blamed ear­lier administrations in the institution for unnecessary recruitment without consid­ering the needs of the insti­tution.
He said, “This manage­ment has not recruited a single staff and has been prudently managing re­sources available to us. In terms of generating funds, we generate money but it doesn’t come in lump sum.
“School fees come in trickles, overhead cost, die­sel and other costs leave us in deficit. Our books are open for vetting, if you have what we generate on one hand, also consider our wage bill and running cost of the institution.
“Even when we decided to pay each month salary, the arrears are still outstand­ing. Again, we have not re­ceived Paris Club fund from the government. We assure you that any fund available to the institution will be ju­diciously applied to the pay­ment of salaries.”
The rector, however, as­sured that the polytechnic would not sack workers de­spite the financial challeng­es bedeviling the institution.
“Some organisations have negotiated pay cuts to en­able them pull through the recession. Abia Polytechnic won’t sack workers, but we will consider other options available to us,” he said.
 

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