Lockdown: FG Advises Private Schools That Can’t Pay Salaries To Seek CBN Loans

EDUCATION

Posted  794 Views updated 7 months ago

PHOTO: Nigeria’s Minister of State for Education, Emeka Nwajiuba

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ABUJA - Due to the obvious ravaging economic effects of the COVID-19 global pandemic, the federal government has advised the management of private schools in the country who are owing their teachers to approach the Central Bank of Nigeria (CBN) for loans.

 

NEWS FLAKES NG gathers that Nigeria’s Minister of State for Education, Emeka Nwajiuba, said this in reaction to claims that many private schools have not been paid since the lockdown began.

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THE WHISTLER had also reported that some private school teachers in Ogun state and Abuja were yet to be paid since March.

 

“Private Schools that can’t pay salaries should approach the Central Bank of Nigeria for loans to settle salaries,” Nwajiuba stressed.

 

He added that the CBN had several financial empowerment platforms for small scale enterprises.

 

 

 

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