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The economy is getting better. Governors no longer borrow money to pay salaries – President Tinubu

President Bola Tinubu has said that state governors in Nigeria are no longer using bank loans to pay their workers’ salaries under his administration.

The president made the remark during an interfaith Iftar gathering at the Presidential Villa in Abuja, which included religious and traditional leaders.

Tinubu mentioned that the financial situation his government inherited was very difficult, but the changes his team implemented have helped to improve the country’s financial stability.

He said, “Today, no governor in this country is going to banks to get loans just to pay workers’ salaries.

“When we took over, things were really hard and challenging. Today, I can proudly say that we have made it through and stopped Nigeria from going bankrupt.”

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