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A document from the Central Bank of Nigeria showed that thirty-one states owed the apex bank N330.9 billion obtained to pay workers’ salaries between 2015 and 2023. The apex bank disclosed this in its Salary Bailout Facility, a strategic intervention report. This was part of the N10.3 trillion intervention fund made available by the apex bank under its former governor, Godwin Emefiele. However, the current CBN governor, Olayemi Cardoso, vowed to fine-tune the bank’s focus to its primary function. Meanwhile, the SBF report breakdown showed that 31 state governments benefited from the initiative…

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