Saturday, 19 September 2015

CBN LIST STATES GIVEN BAILOUT FUND AND AMOUNT.


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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