20.9.15

CBN reveals states given bailout, amounts (Full List)

The Central Bank of Nigeria, CBN on Friday released
the list of 19 states that have benefitted from the
workers’ salary bailout package.
Its spokesman, Ibrahim Mu’azu, explained that
the bailout was in line with the recent resolution
by the National Economic Council, NEC.
He noted that the development would ensure the
affected states pay the backlog of their workers’
salary arrears.
The package has a 20-year repayment tenor for
all states, except Ogun State, which opted for a
10 year tenor.
The 19 that have received theirs are Kwara,
Zamfara, Osun, Niger, Bauchi, Gombe, Abia,
Adamawa, Ondo, and Kebbi.
Others include Ekiti, Imo, Ebonyi, Ogun, Plateau,
Nassarawa, Sokoto, Edo and Oyo.
Below are all the states that benefited from the
funds and amount received or to receive soon.
Abia (N14.152bn)
Adamawa (N2.378bn)
Bauchi (N8.60bn)
Bayelsa (N12.85bn)
Benue (N28.013bn)
Borno (N7.680bn)
Cross River (N7.856bn)
Delta (N10.036bn)
Ebonyi (N4.063bn)
Edo (N3.167bn)
Ekiti (N9.604bn)
Enugu (N4.207bn)
Gombe (N16.459bn)
Imo (N26.806bn)
Kastina (N3.304bn)
Kebbi (N0.690bn)
Kogi (N50.842bn)
Kwara (N4.320bn)
Nasarawa (N8.317bn)
Niger (N4.306bn)
Ogun (N19.00bn)
Ondo (N14.686bn)
Osun (N34.988bn)
Oyo (N26.606bn )
Plateau (N5.357bn)
Sokoto (N10.093bn)
Zamfara (N10.02bn)

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