Aregbesola, Others Get Relief As President Buhari Suspends Deductions

Osun and Edo States Governors

The Minister of Finance, Mrs Kemi Adeosun had during her reports to the National Economic Council (NEC) meeting said President Muhammadu Buhari ordered the suspension of monthly deduction at source for this month, and no such deductions would be made this month from the FAAC allocations to the States

According to Adeosun: "Regarding the salary assistance loans, the Finance Minister informed Council that President Muhammadu Buhari has approved the suspension of monthly deduction at source for this month, and no such deductions would be made this month from the FAAC allocations to the States."

"This is meant by the President to give the States some financial relief at a time the FAAC allocations are dwindling due to the drop in oil prices."

· The Vice President, Prof. Osinbajo during the NEC meeting added that the President will continue to review the situation of the States on an ongoing basis and take appropriate relief measures as necessary and possible.