Internal Loans News Today

The state's audit report has revealed that the Bauchi State government owed its retirees gratuities of N20.7b by end-2020. Details of the outstanding of ₦22,746,369,126.87 appear on Page 27 (section 3.26) of the 2020 auditor general’s report released in 2021. The debt is one of the critical challenges of the Bauchi State government against the

Bauchi owed retirees N22.7b as at end of 2020, audit report reveals. The state's audit report has revealed that the Bauchi State Government

KATHMANDU, Aug 2: The government has set a target of acquiring internal loans worth Rs 240 billion in the current fiscal year, while a total of Rs 55 billion will be collected by the first quarter end in mid-October.

KATHMANDU, June 1: Experts have warned the government not to consider taking more internal loans for its regular expenditure as the state’s financial system is already overburdened by domestic borrowings.

By Kingsley Okoye/08067555610 Abuja, July 14, 2021 The Senate on Wednesday at plenary faulted the Nigerian National Petroleum Corporation (NNPC) over alleged under-remittance of N3.8 trillion revenue from domestic crude oil sales to the Federation Account between January and December 2015. It therefore urged the corporation to desist from further deduction at source, as the practice contravened Section 162(1) of the 1999 Constitution (as amended). It also mandated the Federation Accounts Alloc...