Development Council Levy News Today

Punch Newspapers Sections Published 5 May 2021 THE Federal Ministry of Finance on Tuesday told the Senate Public Accounts Committee that it was not in possession of any document relating to the alleged secret withdrawal of N7.5bn. The Senate panel had last week asked the Ministry of Finance, Office of the Accountant General of the Federation and Office of National Security Adviser to explain the alleged secret withdrawal of N7.5bn from the 2 per cent National Automotive Council Design and Devel...

• It is untrue we printed N60b, FG replies Obaseki • Seek alternative funding options as country risks falling into hyperinflation  • Senate summons minister, AGF over N7.5b secret withdrawals Five days after Edo State Governor, Godwin Obaseki, released a bombshell, saying Nigeria was in huge financial trouble after the Federal Government printed N60 billion as part of federal allocation distributed to states for March, the Presidency yesterday described the statement as complete falseh...