Cardoso: Unless FG repays what it is owing, we won't give it Ways and Means again
Cardoso, who spoke on Friday in Abuja, said until the previous loans are repaid, no more would be given out.
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Cardoso, who spoke on Friday in Abuja, said until the previous loans are repaid, no more would be given out.
Against the backdrop of recent protests in Kano and Niger states over the level of suffering Nigerians are currently experiencing, Civil Society Organisations (CSOs) and some other stakeholders have warned President Bola Ahmed Tinubu against joking with the development.
Cardoso has said that the apex bank will no longer give Ways and Means to the Federal Government until the previous loans are repaid.
Governor of the Central Bank of Nigeria, Olayemi Cardoso has disclosed factors responsible for hunger in the nation, saying there was supply shock of food
The Ways and Means had been a recurring loan the CBN issued to the federal government to finance shortfalls in the government budget.