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Reportedly, about 28 states have varying amounts
from a total of N373.56 billion as part of the bailout package from the Central
Bank of Nigeria (CBN) Salary Bailout Intervention Facility.
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It was
reported that the benefit from the facility spanned between August 2015 and
January 2016.
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Minister
of Budget and National Planning, Senator Udoma Udo Udoma made the disclosure
while presenting a paper at the recently concluded two-day retreat of the National
Economic Council (NEC) held at the Presidential Villa.
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The Paper, titled “Strategic Implementation Plan
for the 2016 Budget of Change” also said government has restructured the bank
loans of 23 states totaling N575.52 billion.
CULLED FROM VANGUARD
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