CBN denies non remittance of 80 % surpluses | The Guardian Nigeria News - Nigeria and World News

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The Central Bank of Nigeria (CBN) has denied the allegation that it failed to remit 80 per cent of its operational surpluses into the Consolidated Revenue in the last five years.

Dr Kingsley Obiora, CBN Deputy Governor in charge of Economic Policy, said this at the senate public hearing on 2022-2024 Medium Term Expenditure Framework in Abuja.

He said 80 per cent of the apex bank’s operational surpluses had always been remitted to the CRF on yearly basis.

 

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