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CBN WAYS AND MEANS LOAN
The Federal Government has initiated moves to audit the N22.7 trillion Ways and Means loan approved by the immediate past administration of former President Muhammadu Buhari.
The House of Representatives on Thursday approved President Muhammadu Buhari’s request to restructure the N23.7 trillion loan obtained by the Federal Government from the Central Bank of Nigeria (CBN) through the ways and means advances.
The Nigerian Senate said it stood down a restructure of the N22.8 trillion Ways & Means loans because it did not get sufficient information
The CBN's Ways and Means balance climbed to N22.068 trillion in August 2022