
2015 to 2022: NFIU reveals how much FG, States, LGs withdrew from public accounts
The Nigerian Financial Intelligence Unit (NFIU) Thursday released new guidelines prohibiting cash withdrawals from public accounts and payment of estacodes, overseas allowances to civil and public servants in cash. This is for compliance by all financial institutions, non-financial institutions and public officials in Nigeria. It also said within 2015 and 2022, the federal government withdrew N225.72 billion cash, States N701.54 billion and Read More