BREAKING NEWS

Economy: FG eliminates bailout, earmarks N90bn bond for States

By Etuka Sunday

Minister of Finance, Kemi Adeosun

Minister of Finance, Kemi Adeosun

Federal Government yesterday announced an available bond of N90 billion for states as part of its Fiscal Sustainability ‎Plan (FSP) for the country. The Minister for Finance, Kemi Adeosun, who made the disclosure at the Stakeholders Meeting held with Commissioners of Finance on the  Fiscal Sustainability Plan ( FSP) in Abuja said, N50 billion for 3 months would be shared across all the participating States‎ and then N40 billion for 9 months‎.»

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