Economic downturn: States borrow N46bn from banks to pay salaries
kolaking.substack.com
By Sami Tunji •Access, Fidelity, Zenith lend states N46bn in six months as govs battle poor IGR •Fiscal Responsibility Commission issues guidelines to banks on lending to states, MDAs State governments borrow about N46.17bn from three banks to pay salaries between January and June 2023, according to findings by The PUNCH.
Economic downturn: States borrow N46bn from banks to pay salaries
Economic downturn: States borrow N46bn from…
Economic downturn: States borrow N46bn from banks to pay salaries
By Sami Tunji •Access, Fidelity, Zenith lend states N46bn in six months as govs battle poor IGR •Fiscal Responsibility Commission issues guidelines to banks on lending to states, MDAs State governments borrow about N46.17bn from three banks to pay salaries between January and June 2023, according to findings by The PUNCH.