Akwa Ibom Clears ₦39.831bn Inherited Bank Loans

A’Ibom records investment growth to N47.2bn, N10b savings in 3 years

WorldStage— The Akwa Ibom Government says it has grown its marketable securities portfolio to ₦47.2 billion and recorded estimated annual savings of over ₦10 billion through payroll reforms. Dr Linus Nkan, the Commissioner for Budget and Economic Planning, disclosed this during the ministerial briefing in Uyo on Wednesday. Nkan said the state’s investment outlook showed […]

Akwa Ibom Clears ₦39.831bn Inherited Bank Loans

Akwa Ibom State Government says it has repaid ₦39.831 billion in inherited commercial bank loans, settled ₦111 billion in gratuity arrears and achieved estimated annual savings of over ₦10 billion through payroll reforms, in a major push to strengthen public finances and expand the state’s economic base. This formed part of the scorecards submissions presented […]