FG borrows N600bn monthly to augment staff salaries, says SGF
The Federal Government of Nigeria has disclosed that its borrows internally over N600 billion on average each month to pay salaries of its workforce adding that with the way things are going many States may not be able to pay salaries in the next three to four months. The Secretary to the Government of the Federation, SGF, Mr. Babachir Lawal made the disclosure Tuesday in Jos where he represented President Muhammadu Buhari at the opening ceremony of the 63rd General Church Council meeting of the Evangelical Church Winning All, ECWA. He urged all faith-based organizations and traditional institutions to sensitize the citizenry on the need to exercise patience in the hardship that is currently being experienced by all as stressing that though this administration inherited a country that was robbed to the last coffers, it will be revived within a short time. The SGF lamented that the present administration inherited an ailing economy that must be nurtured for sometime before it stabilizes and assured citizens that with the desired cooperation, the country would come out of the slum and assume its rightful place as the most populous black nation.
The Federal Government
of Nigeria has disclosed that its borrows internally over N600 billion
on average each month to pay salaries of its workforce adding that with
the way things are going many States may not be able to pay salaries in
the next three to four months.
The Secretary to the Government of the Federation, SGF, Mr. Babachir
Lawal made the disclosure Tuesday in Jos where he represented President
Muhammadu Buhari at the opening ceremony of the 63rd General Church
Council meeting of the Evangelical Church Winning All, ECWA.
He urged all faith-based organizations and traditional institutions to
sensitize the citizenry on the need to exercise patience in the hardship
that is currently being experienced by all as stressing that though
this administration inherited a country that was robbed to the last
coffers, it will be revived within a short time.
The SGF lamented that the present administration inherited an ailing
economy that must be nurtured for sometime before it stabilizes and
assured citizens that with the desired cooperation, the country would
come out of the slum and assume its rightful place as the most populous
black nation.
Read more at: http://www.vanguardngr.com/2016/04/fg-borrows-n600bn-monthly-augment-staff-salaries-says-sgf/?utm_source=dlvr.it&utm_medium=twitter
Read more at: http://www.vanguardngr.com/2016/04/fg-borrows-n600bn-monthly-augment-staff-salaries-says-sgf/?utm_source=dlvr.it&utm_medium=twitter
The Federal Government
of Nigeria has disclosed that its borrows internally over N600 billion
on average each month to pay salaries of its workforce adding that with
the way things are going many States may not be able to pay salaries in
the next three to four months.
The Secretary to the Government of the Federation, SGF, Mr. Babachir
Lawal made the disclosure Tuesday in Jos where he represented President
Muhammadu Buhari at the opening ceremony of the 63rd General Church
Council meeting of the Evangelical Church Winning All, ECWA.
He urged all faith-based organizations and traditional institutions to
sensitize the citizenry on the need to exercise patience in the hardship
that is currently being experienced by all as stressing that though
this administration inherited a country that was robbed to the last
coffers, it will be revived within a short time.
The SGF lamented that the present administration inherited an ailing
economy that must be nurtured for sometime before it stabilizes and
assured citizens that with the desired cooperation, the country would
come out of the slum and assume its rightful place as the most populous
black nation.
Read more at: http://www.vanguardngr.com/2016/04/fg-borrows-n600bn-monthly-augment-staff-salaries-says-sgf/?utm_source=dlvr.it&utm_medium=twitter
Read more at: http://www.vanguardngr.com/2016/04/fg-borrows-n600bn-monthly-augment-staff-salaries-says-sgf/?utm_source=dlvr.it&utm_medium=twitter
The Federal Government
of Nigeria has disclosed that its borrows internally over N600 billion
on average each month to pay salaries of its workforce adding that with
the way things are going many States may not be able to pay salaries in
the next three to four months.
The Secretary to the Government of the Federation, SGF, Mr. Babachir
Lawal made the disclosure Tuesday in Jos where he represented President
Muhammadu Buhari at the opening ceremony of the 63rd General Church
Council meeting of the Evangelical Church Winning All, ECWA.
He urged all faith-based organizations and traditional institutions to
sensitize the citizenry on the need to exercise patience in the hardship
that is currently being experienced by all as stressing that though
this administration inherited a country that was robbed to the last
coffers, it will be revived within a short time.
The SGF lamented that the present administration inherited an ailing
economy that must be nurtured for sometime before it stabilizes and
assured citizens that with the desired cooperation, the country would
come out of the slum and assume its rightful place as the most populous
black nation.
Read more at: http://www.vanguardngr.com/2016/04/fg-borrows-n600bn-monthly-augment-staff-salaries-says-sgf/?utm_source=dlvr.it&utm_medium=twitter
Read more at: http://www.vanguardngr.com/2016/04/fg-borrows-n600bn-monthly-augment-staff-salaries-says-sgf/?utm_source=dlvr.it&utm_medium=twitter
The Federal Government
of Nigeria has disclosed that its borrows internally over N600 billion
on average each month to pay salaries of its workforce adding that with
the way things are going many States may not be able to pay salaries in
the next three to four months.
The Secretary to the Government of the Federation, SGF, Mr. Babachir
Lawal made the disclosure Tuesday in Jos where he represented President
Muhammadu Buhari at the opening ceremony of the 63rd General Church
Council meeting of the Evangelical Church Winning All, ECWA.
He urged all faith-based organizations and traditional institutions to
sensitize the citizenry on the need to exercise patience in the hardship
that is currently being experienced by all as stressing that though
this administration inherited a country that was robbed to the last
coffers, it will be revived within a short time.
The SGF lamented that the present administration inherited an ailing
economy that must be nurtured for sometime before it stabilizes and
assured citizens that with the desired cooperation, the country would
come out of the slum and assume its rightful place as the most populous
black nation.
Read more at: http://www.vanguardngr.com/2016/04/fg-borrows-n600bn-monthly-augment-staff-salaries-says-sgf/?utm_source=dlvr.it&utm_medium=twitter
Read more at: http://www.vanguardngr.com/2016/04/fg-borrows-n600bn-monthly-augment-staff-salaries-says-sgf/?utm_source=dlvr.it&utm_medium=twitter
The Federal Government
of Nigeria has disclosed that its borrows internally over N600 billion
on average each month to pay salaries of its workforce adding that with
the way things are going many States may not be able to pay salaries in
the next three to four months.
The Secretary to the Government of the Federation, SGF, Mr. Babachir
Lawal made the disclosure Tuesday in Jos where he represented President
Muhammadu Buhari at the opening ceremony of the 63rd General Church
Council meeting of the Evangelical Church Winning All, ECWA.
He urged all faith-based organizations and traditional institutions to
sensitize the citizenry on the need to exercise patience in the hardship
that is currently being experienced by all as stressing that though
this administration inherited a country that was robbed to the last
coffers, it will be revived within a short time.
The SGF lamented that the present administration inherited an ailing
economy that must be nurtured for sometime before it stabilizes and
assured citizens that with the desired cooperation, the country would
come out of the slum and assume its rightful place as the most populous
black nation.
Read more at: http://www.vanguardngr.com/2016/04/fg-borrows-n600bn-monthly-augment-staff-salaries-says-sgf/?utm_source=dlvr.it&utm_medium=twitter
Read more at: http://www.vanguardngr.com/2016/04/fg-borrows-n600bn-monthly-augment-staff-salaries-says-sgf/?utm_source=dlvr.it&utm_medium=twitter
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