N452/N456 (updated 22.10.16:close)
buying/selling naira exchange rates per USD
Thursday, 15 September 2016

Willie Obiano has questioned the the decision of some state governors to withhold payment of civil servants in their states. The Anambra State governor made this known at the commencement of the Anambra State Fire and Safety Summit in Awka on Wednesday 14 September 2016.

His words:
"A state that does not pay its workers is inviting calamity. Payment of workers’ salaries energises the economy.

"We saw this recession early and made agriculture one of the pillars of our administration. This is why we have been paying our workers.

"It is wicked to owe workers at a time like this. People should embrace risk management. That is the solution to disaster, especially in a recession.

"No recession lasts less than 18 months, so we need to wake up. The naira is moving to N500 per dollar.

"We need to secure our certificates and other valuables of ours so that nothing will happen to them overnight. That’s the way to survive in a recession."
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