FEC approves IOUs to clear N740.75bn local debts – Adeosun

FEC approves IOUs to clear N740.75bn local debts – Adeosun
13 July 2017, Sweetcrude, Lagos- The Federal Executive Council has approved the issuance of promissory notes for the settlement of debts owed local contractors worth N740bn. The Minister of Finance, Mrs Kemi Adeosun, gave the hint while addressing newsmen after the Federal Executive Council meeting, adding that debts to GENCOS, DISCOs and state governments stood at N193.69bn. […] More »
FEC approves IOUs to clear N740.75bn local debts – Adeosun FEC approves IOUs to clear N740.75bn local debts – Adeosun Reviewed by Crude Oil Facilitators on 19:23 Rating: 5

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