Severally, Nigerian states have found themselves in a financial conundrum, unable to meet their obligations to pay salaries without external assistance. This situation has led to an unprecedented reliance on the Central Bank of Nigeria (CBN) for what is termed the Salary Bailout Facility (SBF). A whopping sum of N457.17 billion has been borrowed by …
The post Top 10 Nigerian States That Turned to the CBN for Salaries appeared first on Business Elites Africa…
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