FG borrows N600billion monthly for wages

The Federal Government of Nigeria  borrows a whooping  N600 billion  each month to pay salaries of its workforce.

The Secretary to the Government of the Federation, SGF, Mr. Babachir Lawal made the disclosure Tuesday in Jos.
Lawal expressed worry that the way things are going many States may not be able to pay salaries in the next three to four months.

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 .

He stressed 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.


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