The Minister of Finance, Budget and National Planning, Mr. Zainab Ahmed yesterday disclosed that President Muhammadu Buhari has okayed the release of N656.1 billion for states over a period of six months to cushion the effects of their ongoing repayment of their bailout facilities as well as to enable them meet their salary obligations.
This is also as she disclosed that the World Bank has approved an additional $750 million financing to support the States’ Fiscal Transparency, Accountability and Sustainability (SFTAS) programme.
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