Federal Government Acquires N5 Trillion Loan From Pension Funds – The Trent

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The federal government has borrowed a whopping N5 trillion from the N7.3 trillion pension funds saved since the commencement of the Contributory Pension Scheme (CPS) in 2004.

investigations discovered that the N5 trillion was loaned to the government by the pension fund managers to mend its infrastructural deficits and meet its financial obligations as and when due

buhari and osinbajo.jpg

via The Trent – http://ift.tt/2C2DU8U

Get more: Nigeria Business News
 
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