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CBN reveals states given bailout, amounts (Full List)

Writer's picture: AdminAdmin

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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