The Presidency and representatives of the Nigeria Governors’ Forum, NGF, yesterday met to work out modalities on the bailouts announced for the 36 states of the federation by President Muhammadu Buhari.
While Vice President Yemi Osinbajo led the Presidency’s team, the Chairman of the NGF and Zamfara State Governor, Alhaji Abdulazeez Yari, represented the governors.
The meeting was held behind closed-doors at the State House, Abuja.
After the parley, Governor Yari said the meeting focused on the Central Bank of Nigeria, CBN special intervention loans approved by President Buhari for the states to enable them come out of the current financial crunch.
Apart from sharing $2.1billion dividends paid to the Federation Account by the Nigeria Liquefied Natural Gas Company, NLNG, the states are to get CBN’s N250billion to N300billion loans to pay backlog of workers’ salaries.
Governor Yari told State House correspondents that he met Osinbajo on how the Federal Government had gone on the CBN intervention scheme.
He said after the brief by the Vice President, the governors would wait for the return of CBN Governor, Mr. Godwin Emefiele, who is on the entourage of President Buhari to the United States.
Governor Yari said: “We discussed about the issue of the special intervention funds. In our last meeting with the President, we agreed in the National Economic Council that there will be a special intervention from the Federal for the states that cannot foot their salary arrears to their workers.
“So, I followed up with the Chairman of the NEC (the Vice President) to know how far they have gone with the Central Bank of Nigeria.
“This issue of unpaid salaries is not only for the states; even the Federal Government is suffering the same thing. Therefore, we follow up to know how far they have gone with the CBN Governor and now we have gotten the brief but the CBN governor is out in Washington and immediately he comes back, we are going to take up the matter to see the end of issue of unpaid salaries to the workers.”


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