Nigeria: Suspend All State Deductions, Restructure Debt Service Payments, Governors Tell Govt

3 April 2020

Governors, under the aegis of the Nigeria Governors' Forum, NGF, have asked the federal government to urgently put in place measures that would help in the acceleration of an arrangement to suspend all state deductions and restructure all debt service payments on debts owed the central government and the Central Bank of Nigeria, CBN.

According to the governors, the Federal Government should also come up with urgent fiscal measures to safeguard the liquidity of state governments.

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