President Buhari led federal government have
barred banks in the country from giving out loans to state government. The
decision has been agreed to by agreed to by the Federal Government’s economic team and state
governors, to ensure prudent management of sub-national resources.
Investigations have revealed that the Federal
Government asked states to source funds from the capital market for their infrastructure
development and also insisted that funds sourced through bonds must not only be
on bankable, measurable projects but must also be released in tranches.
Follow us on Twitter @KARIFEST1
![HOW FEMI ADESINA BECAME PUBLIC ENEMY NUMBER ONE [MUST READ]](https://1.bp.blogspot.com/-RCdspyp-d9w/V0sqDXcG4aI/AAAAAAAAFmU/yA_dGqKh9PEaNT90V0kiiWYXzQZihmm1QCLcB/s72-c/tmp_20867-Femi-V-Adesina-3-300x300-1640121803.jpeg "HOW FEMI ADESINA BECAME PUBLIC ENEMY NUMBER ONE [MUST READ]")
0 Comment to "FG BARS STATES FROM BANK LOANS "
Post a Comment