Business Nigeria: 5 More States Receive Bailout Funds [SEE LIST]

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The Central Bank of Nigeria, CBN, on Thursday announced that five more states have received bail-out funds.

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Director of Corporate Communications of CBN, Alhaji Ibrahim Muazu, said in Abuja that the states that received the funds were Ebonyi, Ekiti, Imo, Ogun and Oyo. These 5 states now join 10 states (Kwara, Osun, Zamfara, Niger, Bauchi, Gombe, Abia, Adamawa, Ondo and Kebbi) that had previously received bailouts from the Government.

The bailout fund is expected to be used for workers' salaries.
 
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