Browsing Tag

bailout

Still on the bailout for states

PERMIT me to use this opportunity to call on the Federal Government to disburse the salary arrears of state civil servants directly to them instead of through the governors.When the last bailout fund was released to the states, most of…

The N90 billion bailout for states

T HE Minister of Finance, Kemi Adeosun, has announced that the Federal Government is initiating a N90 billion bailout fund for the states that are still in dire financial straits.  The money is to be disbursed in two tranches.  The initial…

On the new bailout for states

THE Federal Government should not hand over the new N90billion bailout fund to the state governors to manage, rather, it should look at how to pay the civil servants and retirees directly.The reason for this is not far-fetched; state…

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