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House of Reps passes bill increasing Central Bank advances to FG

Last updated: July 31, 2024 3:11 pm
10 months ago Ogieanavhe Uduimoh
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House of Reps jpg
Nigeria's house of representatives

Nigeria’s House of Representatives has passed a bill increasing Central Bank advances to the Federal Government from 5% to 10%

This followed a rowdy legislative session where opposition party lawmakers voiced their disagreement with the move.

MUST READ: FG, German companies hold talks over decarbonization of Nigeria’s industrial sector

The amendment was passed through a controversial voice vote

(Editor: Oloyede Oworu)

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