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Topic: FG to Shut Down NERFUND over N17.5bn Bad Loans  (Read 588 times)

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FG to Shut Down NERFUND over N17.5bn Bad Loans
« on: October 06, 2017, 01:06:11 pm »
FG to Shut Down NERFUND over N17.5bn Bad Loans

The federal government has initiated plans to shut down the National Economic Reconstruction Fund (NERFUND) over non-performance and non-performing loans (NPLs) of over N17.5 billion. A source at the Ministry of Finance informed the News Agency of Nigeria (NAN) Thursday in Abuja that a committee had already been set up to oversee the smooth liquidation […]
Source: FG to Shut Down NERFUND over N17.5bn Bad Loans

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post culled from thisdaylive
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