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Central Bank to suspend all state deductions and restructure debt service payments

Central Bank to suspend all state deductions and restructure debt service payments
Apr 3, 2020 · 50s

The Nigerian Governors' Forum has called on the Central Bank to suspend all funds deductions from states and restructure their debt repayments. The governors, in a communique, urged President Muhammadu...

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The Nigerian Governors' Forum has called on the Central Bank to suspend all funds deductions from states and restructure their debt repayments. The governors, in a communique, urged President Muhammadu Buhari to direct the suspension of the deductions of debts owed by the states till the end of the COVID-19 pandemic.
They also said they would meet with the Presidential Task Force on COVID-19 to resolve the legality of the closure of interstate borders.

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