President Muhammadu Buhari has taken action to end the lingering crisis of unpaid workers’ salaries
in the country, especially in several states of the federation,
The Newly sworn in President has approved a comprehensive relief package
designed to salvage the situation.
In addition to the direct cash bailout, the three tiers of government
will be sharing $1.7 billion from the Excess Crude Account (ECA),
effectively emptying the account meant to shield the economy from
exogenous shocks.