The Federal Government of Nigeria has revealed that it borrows over N600 billion monthly to pay salaries of its workforce.
The Secretary to the Government of the Federation, SGF, Mr. Babachir Lawal, who made the disclosure, Tuesday, in Jos where he represented President Muhammadu Buhari at the opening ceremony of the 63rd General Church Council meeting of the Evangelical Church Winning All, ECWA, added that considering the way things were going, many state government may not pay salaries in the next three to four months.
Lawal called on all faith-based organizations and traditional institutions to sensitize the citizenry on the need to exercise patience in the hardship that was currently being experienced.
He added that all would soon be well.
The SGF admitted that the present administration inherited an ailing economy that must be nurtured for sometime before it stabilized.
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