Tag: ways and means
PRP accuses FG of secrecy over ways and means loan repayment
On May 3, 2023, the senate approved the securitisation of the N22.7 trillion loan request made by former President Muhammadu ...
CBN maintains FG’s Ways and Means loan at 5%
CBN’s Act stipulates that Ways and Means is required not to surpass 5 percent of the previous year’s revenue of ...
Rising debt profile: Peter Obi chides FG over ‘unproductive’ borrowings
The former Anambra governor said the last administration plunged the country into massive debt especially with the N30 trillion ways ...
N30trn Ways and Means: Emefiele illegally approved billions of naira for Buhari – Senate
He stated that Emefiele did not follow due process in these signings He added that the erstwhile CBN’s helmsman illegally ...
Ways And Means: CBN’s N30 trillion loan to FG monumental corruption – Moghalu
The development has sparked concerns among citizens as they railed against the violation of extant laws guiding borrowings from the ...
Senate Forms Panel to Investigate CBN’s N30 Trillion Loan to FG
The Senate appointed Senator Jibrin Isah as the chairman of a nine-member committee tasked with probing N30 trillion CBN loans ...
We’ll audit N23trn Ways and Means obtained under Buhari – FG
This he said was a measure to wean the government from future Ways and Means indebtedness. The Nigerian Government has ...
Ways and Means: CBN halts loans to FG, gives reasons
The Ways and Means is a loan facility the CBN gives the federal government to fund budget deficit The Central ...
Tinubu’s indifference to economic illegality worrisome – Peter Obi
Obi particularly expressed concern over the growing debt occasioned by the unjustifiable borrowings of the government for undisclosed expenditures. The ...
Senate Okays Securitization Of Remaining N7.3tn Ways And Means
The President stated that the securitization of Ways and Means would engender the realization of reduction of debt service cost. ...
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