Two out of the 27 states that applied to Central Bank of
Nigeria, CBN, for financial bailout, Zamfara and Kwara, have received
disbursement of funds to pay workers outstanding salaries.
A statement from CBN said that the two states met the
requirements as agreed with their respective banks.
The apex bank said: “Efforts will be made in the coming days
to conclude disbursements to other states so that all outstanding salaries to
civil servants can be cleared.
The Central Bank of Nigeria, CBN, has approved the request
by Deposit Money Banks, DMBs, to provide financial accommodation to state
government to enable them pay the backlog of salaries owed by state and local
governments.
No comments:
Post a Comment