Tag: bailout
Aviation group opposes bailout for domestic airlines
A group, the Aviation Round Table (ART), has called on the Federal Government to resist any pressure to offer bailout…
Bailout: Bayelsa denies media reports, says it got only N1.285bn
Okafor Ofiebor/Port Harcourt The Bayelsa State Government has faulted media reports that it received N12.85 billion from the Central Bank…
We have not secured bailout fund yet – Yahaya Bello
Kogi State Governor, Alhaji Yahaya Bello, has stated that the state government is yet to secure the multi-billion bailout fund…
Why N50.8b bailout to Kogi must be put on hold
Odunayo Joseph From the political imbroglio currently rocking Kogi State, it can be aptly said that the dust surrounding the…
NLC, TUC directs workers in Kogi to begin strike
Public service workers in Kogi State have been directed to stay off work on Nov. 2 to protest against non-release…
Kogi LG workers to receive N45bn from bailout fund
The Kogi Government said on Thursday that N45 billion of the N50.9 billion its bailout money would be spent on…
Some state govts lost bailout money to bank loans – Gov. Yari
Governor Abdulaziz Yari of Zamfara has said that some indebted state governments lost their bailout money to servicing outstanding loans…
Bailout: States to start drawing from N300bn Buhari’s Special Intervention
*Details of Debt Relief Program kicks off in few weeks The implementation of a three-pronged financial intervention of President Muhammadu…
Abia Yet To Receive Bailout From FG
Sam Obinna Ibe/Umuahia The Special Adviser to Governor Okezie Ikpeazu on Economic Affairs, Mr. Obinna Oriaku has debunked media reports…
Gov Ahmed lauds Buhari over salary bailout
Kwara state governor, Abdulfatah Ahmed has commended President Muhammadu Buhari on the recent bailout of all tiers of government, to…
Presidential Bailout For States: Matters Arising
By Tayo Ogunbiyi The recently announced bail out approved by President Muhammadu Buhari for states owing workers several months of…
Unpaid Salaries: Buhari approves special funds to bailout states
President Muhammadu Buhari has approved the release of N713.7billion intervention funds to state governments to pay workers’ salaries. The bailout…
Greek bailout programme will expire June 30 – Eurogroup
Brussels (AFP) – Eurozone ministers agreed Saturday that Greece’s bailout programme should expire as planned on June 30 after Greece…
FG announces N213bn bailout facility for power sector
The Federal Government on Friday announced new measures to address financing related issues in the power sector, including a N213…
Obama showcases auto industry success
US President Barack Obama on Saturday praised the decision early in his administrations to bail out the failing US automobile…