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In May 2021, the senate committee on finance had invited heads of 60 government-owned firms to explain the failure to remit various funds.
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In May 2021, the senate committee on finance had invited heads of 60 government-owned firms to explain the failure to remit various funds.
The federal government spent N10 trillion on expenditures in 2020.
The agency seized a total number of 2,333 assorted items, with a duty paid value of N4.42 billion.
Flour Mills applications was rejected because it was not eligible under IDITRA.
Chairman of the Senate Committee on Local and Foreign Debts said the loan would be financed through multilateral and bilateral firms.
Nigeria grew its debt burden by N191bn in the first three months of the year.
This was disclosed by LCCI President, Mrs Toki Mabogunje.Toki Mabogunje
According to the disclosure, the 2-year bond was offered at 8.35% per annum.
In May had reported that the CBN adopted the importer and exporter window as the default reference exchange rate for official transactions.
Nigeria plans to become the hub for payment in Africa