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The Federal Government says it has made a recovery of one billion dollars since the inception of President Muhammadu Buhari’s administration in May 2015 till date.
The Attorney General of the Federation and Minister of Justice, Abubakar Malami disclosed this yesterday after the Federal Executive Council FEC meeting presided over by Buhari at the State House.
Malami noted that the recovered assets, deployed to various sectors of the economy particularly to address poverty alleviation, have made a huge impact on poverty levels and the nation’s economy.
He however expressed the Federal government’s worry over recurrent cases of budget padding, asserting that necessary measures would be explored to tackle it.
President Muhammadu Buhari yesterday unveiled the re-designed Naira Notes as proposed by the Central Bank of Nigeria CBN for what was the first time in 19 years. During the unveiling Buhari boasted that Nigeria is among four of the 54 African countries that print their currencies locally, adding that it is a thing of pride that Nigeria does not print its currencies abroad like many African countries. The President said […]
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