ADVERTISEMENT

FAAC crisis: Ebonyi to borrow to pay workers” salary

Ebonyi State government said yesterday that it would borrow from banks to pay July salary to workers following the stalemate of the meeting of the Federation Allocation Account Committee.

ADVERTISEMENT

Thestate’s Commissioner for Finance and Economic Development, Obinna Nwachukwu, said this at a briefing after the state executive council meeting.

The commissioner assured that the payment of salaries to workers as directed by the state governor was likely to commerce today or tomorrow.

ADVERTISEMENT

“So in other not to owe workers for this month, the council decided that it will borrow from banks to pay workers their July salary and the loan is expected to be paid back to the bank as soon as the allocation is released”, he said. 

 

Dear Esteemed reader,

As part of our drive to keep improving the content of our newspaper, we are conducting a readership survey to enable us serve you better.

Kindly take two minutes of your time to fill in this questionnaire.

Thank you for your time. Click here to begin

Download Daily Trust News App

Get it on Google Play
Share this article

BREAKTHROUGH NATURAL CURE FOR PROSTATE ISSUES IN JUST 15 DAYS!!!

You Can Prevent PROSTATE CANCER!!!

Your PROSTATE ENLARGEMENT Is REVERSIBLE!!!

Don't Let It Threaten You!

To SHRINK And NORMALIZE Your PROSTATE Within 15 Days Without Surgery Or Chemical Drugs, Click Here!!!

Join us on


Share your story with us: 08189301900 (Whatsapp and SMS only) Email: dtonline@dailytrust.com

Complain about a story or Report an error and/or correction: +2348189301900

DISCLAIMER: Comments on this thread are that of the maker and they do not necessarily reflect the organizations stand or views on issues.