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Osinbajo: FG Has Given States 'Bridging Financing' to Repay Support Facility


Deji Elumoye in Abuja
Vice President Yemi Osinbajo yesterday said the National Economic Council (NEC), has been informed that the issue of the repayment of the Budget Support Facility extended to the 36 state governments by Federal Government has now been resolved
This is just as he disclosed that NEC had endorsed the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) of the Federal Government which was presented to it at an emergency meeting.
Osinbajo made the disclosure, following an emergency meeting of the Council which he presided virtually, with some State Governors, FCT Minister, Finance Minister, Central Bank Governor, and other government officials in attendance. ....

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