Tag: EXCLUSIVE: How State Govts Borrowed From Banks For Salaries’ Payment Due to Drop in IGR

  State governments borrow about N46.17bn from three banks to pay salaries between January and June 2023. The findings were based on an analysis of the half-year 2023 financial statements of Access Bank, Fidelity Bank, and Zenith Bank Group. It was observed that the states borrowed the most from Access Bank in six months, with…