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States cash crunch worsens, NLC opposes borrowing pension funds – Punch Newspapers

Punch Newspapers Sections State governments took loans to pay LG workers’ November salaries – Kwara governor Only six states fully implementing N30,000 minimum wage, LG workers, teachers worst hit Our Correspondents There were strong indications on Thursday that the financial problems facing state governments had worsened as many states had yet to start the payment of N30,000 minimum wage 11 months after the deadline given by the Nigeria Labour Congress for the conclusion of negotiations. The PUNCH gathered that state governments’ foot-dragging on the minimum wage negotiations might not be unconnected with their dwindling finances, including federal allocations and internally generated revenue.

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