States still in a mess One year after Buhari Approved Relief Package To States,. - Politics

States still in a mess One year after Buhari Approved Relief Package To States,. - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › States still in a mess One year after Buhari Approved Relief Package To States,. (1115 Views)

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States still in a mess One year after Buhari Approved Relief Package To States,. by dadebayo1(op): 9:44pm On Jun 02, 2016*

President Muhammadu Buhari has approved a comprehensive relief package valued at over N400bn to put an end to the lingering crisis of unpaid workers’ salaries in the country. Vanguard gathered that a three-pronged relief package that will end the workers plight include: *The sharing of about $2.1b (N413.7bn) in fresh allocation between the states and the federal government. The money is sourced from recent LNG proceeds to the federation account, and its release okayed by the president; *A Central Bank-packaged special intervention fund that will offer financing to the states, ranging from between N250bn to N300bn. This would be a soft loan available to states to access for the purposes of paying backlog of salaries; * And a debt relief program proposed by the Debt Management Office, DMO, which will help states restructure their commercial loans currently put at over N660bn, and extend the life span of such loans while reducing their debt-servicing expenditures. Details later.

Read more at: http://www.vanguardngr.com/2015/07/buhari-approves-n400bn-for-workers-salaries/

Re: States still in a mess One year after Buhari Approved Relief Package To States,. by teadrake(m): 9:55pm On Jun 02, 2016

Fayose and others debtors of governors should thank PMB and disburse the fund appropriately when provided.

Re: States still in a mess One year after Buhari Approved Relief Package To States,. by Jirate(m): 9:56pm On Jun 02, 2016

This is not an Achievement, It’s not Change. Look at examples of Change…. cool

Re: States still in a mess One year after Buhari Approved Relief Package To States,. by Nusaf: 10:03pm On Jun 02, 2016

Some idiots must still say something bad about this people-oriented gesture, let's watch out.

Re: States still in a mess One year after Buhari Approved Relief Package To States,. by porka: 10:06pm On Jun 02, 2016

July 2015

http://www.vanguardngr.com/2015/07/buhari-approves-n400bn-for-workers-salaries/

Re: States still in a mess One year after Buhari Approved Relief Package To States,. by dadebayo1(op): 10:12pm On Jun 02, 2016

July 2015..... A year after bail out and states are still in deep mess.. My state is owing 6months now... Too bad

Re: States still in a mess One year after Buhari Approved Relief Package To States,. by gebest: 10:27pm On Jun 02, 2016

my dear thats old story no more bailout for state

Re: States still in a mess One year after Buhari Approved Relief Package To States,. by Obinoscopy(m): 7:40am On Jun 03, 2016

porka:
July 2015

http://www.vanguardngr.com/2015/07/buhari-approves-n400bn-for-workers-salaries/

dadebayo1:
July 2015..... A year after bail out and states are still in deep mess.. My state is owing 6months now... Too bad

gebest:
my dear thats old story no more bailout for state

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