Business

NNPC, others under investigation for remitting revenue in Naira

The National Economic Council rising from a meeting said revenue generating agencies are under investigation for remitting Naira equivalent of the dollar revenue they generated.

Sun Newspapers reports that the Cross River State Governor, Prof. Ben Ayade, said “A brief report of Federal Government of Nigeria dollar generating revenue agencies remitting in Naira into the Federation Account was also given by the CBN governor.”

He also said “investigations are ongoing. Such agencies include but not limited to NNPC, NIMASA and NPA.”

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