Wednesday, 1 March 2017

Banks, local contractors groan under govt’s N2tn debt

The Senate, on Tuesday, said local contractors’ debt in the country is currently estimated to be N2 trillion. The debts, the Senate noted, are those owed contractors operating in the oil and gas sector, as well as others in the pharmaceutical industry. In a motion, titled ‘the urgent need for the Federal Government to redeem […]

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