The Central Bank of Nigeria (CBN) has come out in a forceful push to recover the loans which was sp

.

The Central Bank of Nigeria (CBN) has come out in a forceful push to recover the loans which was spread out under its development finance interventions.
Among those who are owning are state governments , using her monthly Federation Account Allocation Committee (FAAC) to service the debt. The deductions will last six months.
Also The Director, Development Finance of the CBN Yusuf Yila, said all those who borrowed for whatever reason must pay back. You cannot run away because we have your BVN.
Under the ABP, the CBN gave out about N1 trillion but recovered only N400 billion. But under the CAC, the bank. lent out about N800 billion and recovered N700 billion.
Join Our Facebook group for daily update and trending news.
Click on the link below and join
Join Our Facebook group HERE

...

Advertise on ijawlive.com to reach thousands of our daily users