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FG Pays N4.83tn of Ways and Means Advances – Wale Edun

FG Pays N4.83tn of Ways and Means Advances – Wale Edun ‌ The federal government used part of the Nigerian Treasury Bills (NTBs) and Bonds issued in 2024 to pay down Ways and Means advances from the Central Bank of Nigeria (CBN) by N4.83 trillion, the...

N30tn Ways and Means: Senate to Summons Cardoso Over Infractions

N30tn Ways and Means: Senate to Summons Cardoso Over Infractions The Senate Ad-hoc Committee probing how the N30tn Ways and Means loans were obtained from the Central Bank of Nigeria and spent by the former President Muhammadu Buhari-led administration says it has uncovered some infractions...

Senate Inaugurates Committee to Probe N30tn CBN Loans

Senate Inaugurates Committee to Probe N30tn CBN Loans The Senate President, Godswill Akpabio, has charged the panel members investigating the N30tn “Ways and Means” loans secured from the Godwin Emefiele-led Central Bank of Nigeria by the Federal Government not to leave any stone unturned, saying...

Senate Inaugurates Committee to Probe N30tn CBN Loans

Senate Inaugurates Committee to Probe N30tn CBN Loans The Senate President, Godswill Akpabio, has charged the panel members investigating the N30tn “Ways and Means” loans secured from the Godwin Emefiele-led Central Bank of Nigeria by the Federal Government not to leave any stone unturned, saying...

CBN’s N22.7tr Overdraft to Govt will be Audited – Wale Edun

CBN’s N22.7tr Overdraft to Govt will be Audited – Wale Edun The N22.7 trillion Ways and Means debt incurred by the Federal Government will be audited, Minister of Finance Wale Edun said yesterday. The Coordinating Minister for the Economy explains that the measure, which has since...

Senate Investigates N30trn Ways and Means Under Previous Administrations

Senate Investigates N30trn Ways and Means Under Previous Administrations The Senate has initiated a thorough investigation into the utilization of the N30 trillion Ways and Means loans procured during the tenure of former President Muhammadu Buhari. These loans, facilitated by the Central Bank of Nigeria to...