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Senate gives panel six weeks 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 the panel must unravel everything about the facility.
Nigeria General Abuja Federal Capital Territory Mohammed Tahir Monguno Victor Umeh Olamilekan Adeola Aliyu Wadada

Senate To Probe Central Bank's N10trillion Anchor Borrowers' Programme, Ways And Means, Others

  The upper legislative chamber, the Senate has resolved to set up ad hoc committee to investigate the details of the Ways and Means including the various intervention programme of the Central Bank of Nigeria (CBN), such as the N10trillion Anchor Borrowers’ Programme. The indication was made at the Tuesday's plenary, a move the Red Chamber said was aimed at plugging loopholes in future development finance activities of the apex bank.
Godswill Akpabio Barau Jibrin Adamu Aliero Victor Umeh National Planning Red Chamber

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How Tinubu Government Almost Distributed 'Fake' Fertilisers To Farmers As Palliatives Under Fraudulent CBN Programme –Sources

The Anchor Borrowers’ Programme under the Development Finance Department of the Central Bank of Nigeria is dogged by corruption, sources told SaharaReporters.   Sources told SaharaReporters how the development finance department of the CBN under its former director, Yusuf Philip Yila gave contracts to cronies and paid for fake purchases under the programme.  
Hakama Sidi Ali Muhammadu Buhari Thomas Etuh Yusuf Philip Yila Nigeria Sovereign Investment Authority Agro Group

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