Tags Bailout Funds

Tag: Bailout Funds

Coronavirus: States may need bailout to function – investigation

Following the dipping revenues currently available to government on account of the Coronavirus outbreak that had impacted negatively on oil prices at the international market, the states might soon scout for bailout as allocations from the Federation Accounts Allocation Committee (FAAC) nosedive.

Bailout: FG to recover N614bn debt from 35 states – Minister of finance

The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed says the Federal Government has resolved to recover N614 billion loan facility from 35 states of the federation.
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