The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the apex bank will no longer give Ways and Means to the Federal Government until the previous loans are repaid. Olayemi noted that it was one of the measures taken by the apex bank to curtail the economic country currently plaguing the country. Ways and means is the money that the CBN lends to the Federal Government in the meantime to augment spending based on the time the revenue is generated. Cardoso on Friday alongside the economic…
Read MoreNo Liquidation Of Outstanding Debt, No Ways, Means Provision For Ministries, Others – CBN
