Federal Workers’ Pensions, Gratuities Cost N208bn For Seven Months

The Federal Government has spent N208.21bn on payment of pension and gratuity arrears in seven months, a new Central Bank of Nigeria report has revealed. The CBN’s statistical record on the Federal Government’s monthly finances shows that the amount had been spent between January and July 2021,irrespective of rising fiscal deficits. The data displayed that … Continue reading Federal Workers’ Pensions, Gratuities Cost N208bn For Seven Months