Senate pledges to unravel N30tr CBN loan to FG

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 71 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 94%

CBN News

Victor Umeh

The Senator representing Anambra Central, Victor Umeh, has said that the National Assembly is concerned about the current

hardship in the country, assuring that investigations into the N30 trillion Ways hardship in the country, assuring that investigations into the N30 trillion Ways and Means loan obtained from the Central Bank of Nigeria by the previous administration would be followed to its logical conclusion.

Umeh also said that the Senate is always interested in working for the benefit of Nigerians, stressing that the current problems in the country accumulated over the years. The decision followed the adoption of a motion initiated by Jesess Okey-Joe Onuakalusi at the plenary presided over by the Deputy Speaker of the House, Benjamin Kalu.

The lawmaker contended that the situation must not be tolerated because the take-home pay of average Nigerian civil servants cannot cope with the increase in the prices of commodities daily.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

Africa Youth Growth Foundation said it has reached out to over one million beneficiaries in Niger state as a significant effort to combat malnutrition. The foundation has also attributed the rising cases of insurgency in the country to poor nutrition. Executive Director, AYGF) Dr.

Rep Phillip Agbese, the deputy spokesperson of the House of Representatives, has expressed high praise for Speaker Rt. Hon Tajudeen Abass, highlighting his impressive performance and leadership qualities. During a recent media parley, Hon. Agbese commended Speaker Abass for surpassing expectations in his role over the past year, despite the inherent challenges of such a…

Source: Loan Digest (loandigest.net)

Victor Umeh

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Senate backs FG, CBN over cybersecurity levyNigerian Senate has backed the implementation of the Cybersecurity levy by the Central Bank of Nigeria (CBN).
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Senate moves to stop CBN governors from contesting electionsA Trusted Nigerian Newspaper
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »

CBN reduces banks’ Loan to Deposit Ratio to 50%The Central Bank of Nigeria, CBN has reduced the Loan to Deposit Ratio, LDR of banks to 50 per cent from 65 percent.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Securities Market: Stockbrokers’ institute seeks support from CBNThe Chartered Institute of Stockbrokers (CIS) has requested some strategic support from the Central Bank of Nigeria (CBN) to enhance financial intermediation roles of its members and boost transactions in the Nigerian securities market.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

FMDQ appoints CBN deputy governor, Dattijo, as board chairmanThe Nation Newspaper FMDQ appoints CBN deputy governor, Dattijo, as board chairman
Source: TheNationNews - 🏆 6. / 69 Read more »

Ex-CBN director reveals how Emefiele got $600,000 cash as kickback from contractorsA Trusted Nigerian Newspaper
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »