A chieftain of the All Progressives Congress in Bauchi State, Dr. Ibrahim Lame, has called on President Muhammadu Buhari to stop giving bailout funds to state governments. Lame, a former Minister of Police Affairs said Buhari should focus on “baling out the economy”, as he called on state governors to look inwards rather than seeking... Read More

All Progressives Congress, bail out funds, Dr. Ibrahim Lame, economy, Muhammadu Buhari, state governors

February 15, 2016

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‘It’s embarrassing for Aregbesola to be begging CBN for another bailout’ – PDP

The Peoples Democratic Party in Osun state has criticised the Governor, Rauf Aregbesola for allegedly begging the Central Bank of Nigeria to release fresh bailout funds. The opposition party made the disclosure on Monday, through a statement released by the Director of Publicity of the PDP in Osun State, Diran Odeyemi. The party said: ‘It... Read More

The News Blog

Aregbesola, bail out funds, Osun State, PDP

July 21, 2015

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Osinbajo, NGF chairman, Yari meet over CBN loan on bailout funds

Vice President Yemi Osinbajo and the Chairman of the Nigerian Governors Forum, Abdulazeez Yari, met behind closed-doors to discuss the modalities of the bailouts recently approved for states by the Federal Government. Yari, who is the governor of Zamfara state on Tuesday said their discussion was centered on the Central Bank-packaged special intervention fund approved... Read More

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bail out funds, Osinbajo, yari, Zamafara