The Central Bank of Nigeria, CBN has released names and amounts given to 19 out of the 36 states of the federation that have so far benefitted from the workers’ salary bailout package.
The states that applied for and received various sums from the aid include:
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)
CBN spokesperson, Ibrahim Mu’azu, said the bailout, which was in line with the recent resolution by the National Economic Council, NEC, was to enable the affected states to pay the backlog of workers’ salary arrears. The package has a 20-year repayment tenor for all states, except Ogun State, which opted for a 10 year tenor.
Mr. Mu’azu explained that contrary to reports that Ogun state accessed N20 billion from the bailout, the state actually received a total of N18.9 billion.
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