has made progress in the forensic probe into the N30 trillion Ways and Means loans advanced to the immediate past administration by the Central Bank of Nigeria , Minister of Finance and Coordinating Minister of the Economy Wale Edun told senators yesterday.
Edun said: “The procurement of electric and CNG buses and conversion kits, more importantly, has been held up by a spike in the freight costs. “We are also interrogating the revenues that are due to us from everybody because we need to in view of the fact that Ways and Means is going down rather than up. So, we are servicing all the debts.”
“That is why we are emphasising on the performance of 2024 capital component. The N1.84 billion achieved so far out of a N9 trillion capital expenditure component is nothing to write home about. “That shows lot of engagement must go on from time to time to bring it to their notice that you are no longer in charge of payment to contractors.
Loan Loan Latest News, Loan Loan Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheNationNews - 🏆 6. / 69 Read more »