Workers kick as governors borrow N2.2tn from banks

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•Governors’ borrowing spree has left states poorer, pensioners, workers lament •Govt must avoid short-term borrowing that may harm state finances, dons warn Amid worsening revenue challenges, state governments’ indebtedness to commercial banks has risen to N2.2tn, findings by The PUNCH have shown. The latest data from the quarterly statistical bulletin of the Central Bank of


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source https://punchng.com/workers-kick-as-governors-borrow-n2-2tn-from-banks/

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