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Govs Fret As CBN Insists Budget Support Repayment Starts May

Govs Fret As CBN Insists Budget Support Repayment Starts May       State governors again on Thursday requested that the repayment of their loans, especially the budget support, which ought to start this month be deferred. But the Governor of the Central Bank of Nigeria, Godwin Emefiele, emphasised...

States’ Cash Cruch: CBN Kicks As Govs Beg FG To Postpone $2.1bn Support Repayment

States’ Cash Cruch: CBN Kicks As Govs Beg FG To Postpone $2.1bn Support Repayment         State governors on Thursday at the monthly meeting of the National Economic Council appealed to the Federal Government to postpone the repayment of the $2.1bn budget support facility to states which...

Fuel Price: Buhari To Meet With State Governors, NNPC

Fuel Price: Buhari To Meet With State Governors, NNPC       President Muhammadu Buhari will meet with state governors and the Nigerian National Petroleum Corporation (NNPC) on Thursday to find a solution to the issue of right pricing for petrol in the country. Rising from its meeting with...

Minimum Wage: Govs Demand Review Of Revenue-sharing Formula

Minimum Wage: Govs Demand Review Of Revenue-sharing Formula State governors have intensified their call for a review of the nation’s revenue-sharing formula if they must pay the proposed N30,000 new National Minimum Wage. Our correspondent gathered that governors renewed their demand at Thursday’s meeting of the...

FG Seeks Govs’ Support in Road Repairs

The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has urged state governments to cooperate with the Federal Controller of Works in their states in order to ensure smooth road rehabilitation and construction. He said that the Federal Government was committed to making roads...