Saturday, September 19, 2015

Central Bank of Nigeria Releases Names of States That Got Bailout Fund

                           

The Central Bank of Nigeria on Friday released the names of 19 states that got the bailout fund to pay backlog of worker.
The States named are Kwara, Zamfara, Osun, Niger, Bauchi, Gombe, Abia, Adamawa, Ondo, and Kebbi, the CBN states. Others are  Ekiti, Imo, Ebonyi, Ogun, Plateau, Nassarawa, Sokoto, Edo and Oyo which were granted their packages this week.the Nigerian Labour Congress vow to work with ICPC to monitor the use of the N338bn bailout fund given to the  states 
The bailout has a repayment period of 20 years except Ogun state which opt for 10 years.below are the sate and how much they got

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 (N20.00bn)
Ondo (N14.686bn)
Osun(N34.988bn)
Oyo( N26.606bn )

Plateau (N5.357bn)
Sokoto (N10.093bn)
Zamfara (N10.02bn

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