Press statement from the presidency
"The implementation of a three-pronged financial intervention of President
Muhammadu Buhari to assuage workers plight and support the states is now in
progress. Specifically, state governments will start benefiting from the
special intervention fund of between N250B to N300B in a matter of weeks.
Currently, planning meetings are being held between members of the
Federation Account Allocation Committee, FAAC and CBN, on the one hand, and
also between CBN and commercial banks on the other hand, regarding details
of the special intervention fund and... more »
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