Senate Begins Probe On N14.7bn PHCN Privatisation Fund In Secret Accounts
The Senate Committee on Public Accounts has begun investigation of N14.7bn proceeds of privatisation of the defunct Power Holding Company of Nigeria allegedly hidden in commercial banks by the Bureau of Public Enterprise.
The committee...
FG To Finance N5.62trn Deficit With Privatisation Fund, Loans
The Federal Executive Council (FEC) has approved the 2022 – 2024 Medium Term Expenditure Framework and the Fiscal Strategy Paper (MTEF & FSP), which allows the funding of a N5.62 trillion budget deficit through borrowings and...