The Federal Government says the country has successfully priced its 5th Eurobond of $2.5 billion, following issuances in 2011, 2013 and two in 2017.
Embattled Director-General, Securities and Exchange Commission (SEC), Mounir Gwarzo, has defended the payment of N1.7 billion as severance package to some workers of the commission in 2015.
The Federal Government has approved N1.12billion for the purchase of 50 operational “anti-rice smuggling” vehicles to check the persistent smuggling of rice into the country, the Minister of Finance, Mrs Kemi Adeosun has disclosed.
Worried by the country’s current low revenue generation, the World Bank has started working with the Federal Government to raise the capacity of the nation to generate more income from internal sources.
Mrs Kemi Adeosun, Minister of Finance, was on Tuesday grilled by the House of Representatives over the suspension of Mounir Gwarzo as Director-General, Securities and Exchange Commission (SEC).