Tambuwal Begs CBN, Finance Minister To Suspend Recovery Of States’ Debts

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BY MARK ITSIBOR, Abuja Aminu Tambuwal of Sokoto state has appealed to the federal government and the Central Bank of Nigeria (CBN) to shelve their plan to

Aminu Tambuwal of Sokoto state has appealed to the federal government and the Central Bank of Nigeria to shelve their plan to immediately demand the repayment of bailout loan facility that was given to bankrupt states of the federation between 2016 and 2017.

CBN governor, Godwin Emefiele had said the central bank and the fiscal authorities were going to insist on the states paying back the facilities. He was reacting to allegation by Edo State governor, Godwin Obaseki that the federal government printed currencies worth N60 billion to augment for the shortfall in revenue to the Federation Account Allocation Committee in March this year.In July 2015, President Buhari approved $2.1 billion as intervention package to help bankrupt states pay salaries.

Governor Tambuwal also said recovering the debts now from the states will make it impossible for the state governments to fund education in general and the safe schools project in particular.Also speaking during the panel discussion, Kaduna State governor, Nasir Ahmed El-Rufai said all the bandits terrorising the country and going about kidnapping students exterminated.

 

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No!capital you must pay back_now

Why should they? Oga, stick to the agreement and advice your fellow governors to do the same.Go and pay the money and stop this una usual rubbish. Had assistance been denied you guys, una for say fed govt wicked.Dem don give una now to pay back dey hard. 9ja, why we be like this?

Then tell Obaseki to keep quiet and stay away from fake allegation

Turun bashi

Nah....make una pay U for done caution basketmouth from edo make he no open him mouth

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