How CBN misappropriated N2.7trn interests on Ways and Means – FG

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The Central Bank of Nigeria (CBN) has been accused by the federal government of misappropriating N2.73tn in interest payments from Ways and Means advances.

The accusation is contained in the consolidated financial statement of the Federal Government for the year ended December 31, 2021.

It was submitted by the Auditor-General, Shaakaar Chira, with reference number AuGF/AR.2021/01 and dated…

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