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Nigeria: Oil Slump Has Govt Borrowing to Pay Salaries
Al Jazeera, 6 May 2015
Africa's richest economy is borrowing money to pay salaries as it struggles through a "difficult cash crunch" brought on by halved oil prices, Nigeria's finance minister revealed. Read more »
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Nigeria: Blame Governors Over Unpaid Salaries - Okonjo-Iweala
Vanguard, 7 May 2015
The Minister of Finance, Dr. Ngozi Okonjo-Iweala on Wednesday cleared the FG of blame over the inability of some state governments to pay their workers' salaries. Read more »
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Nigeria: APC Govs Ask Buhari for Bailout, Say States Can't Pay Salaries
This Day, 6 May 2015
The economic challenge facing the country is gradually taking its toll on the lives of Nigerians as the situation is now threatening the payment of salaries of public servants. Read more »
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Nigeria: Nigeria Borrows to Pay Salaries With Cash Crunch Worsening
Vanguard, 6 May 2015
A cash shortage caused by low oil prices has forced Nigeria to borrow heavily through the early part of 2015, with the government struggling to pay public workers, officials said… Read more »
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Nigeria: Jonathan Has Ruined the Economy, APC Governors Cry Out
Vanguard, 5 May 2015
Old and incoming governors elected on the platform of All Progressives Congress, APC, have accused President Jonathan of running the economy aground, leaving them with an empty… Read more »
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Nigeria: States Can't Pay Salaries, APC Governors Tell Buhari
Daily Trust, 6 May 2015
States may soon not be able to pay their workers because of the poor state of the economy, some governors warned yesterday in Abuja. Read more »
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Nigeria: State of Economy - We'll Beg Nigerians for Patience - Buhari
Vanguard, 6 May 2015
President-elect, Major-General Muhammadu Buhari (retd), has said that he is currently at a loss on how best to tell Nigerians that his promise of turning the economy around quickly… Read more »
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Nigeria: Prepare for Empty Treasury, APC Govs Warn Buhari
Independent (Lagos), 6 May 2015
Governors elected on the platform of the All Progressives Congress (APC), on Tuesday, raised the alarm over the parlous state of the nation's treasury, urging the President-elect,… Read more »
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Nigeria: Why We Met Buhari-APC Governors
Premium Times, 5 May 2015
The governors elected on the platform of the All Progressives Congress have stated that they met with President-elect Muhammadu Buhari to discuss the precarious state of the… Read more »
How Healthy Are Nigeria's State Coffers?
It appears that the economic challenge facing the country is taking its toll on ordinary Nigerians as the payment of public servants' salaries is now in doubt.
