• 5 states meet conditions to access FG’s N90bn loan

    5 states meet conditions to access FG’s N90bn loan

    At least, 5 states are now ready to access the Federal Government’s N90 billion budget support loan facility for States, the Federal government said Thursday.

    The loan announced by the Minister of Finance, Mrs Kemi Adeosun, on Tuesday was to assist the states to pay workers salaries and take care of statutory obligations of the states.

    The loan which would attract 9% interest rate also has 22 fiscal conditions which much be met by the individual states which may need the facility.

    They […]