Federal Government don announce new policy wey go allow Nigerians wey get dollars outside the formal banking system to bring the money enter financial system within nine months without any legal issues or penalties. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, talk this one to newsmen after National Economic Council meeting for Abuja yesterday. The initiative go start from 31st October 2024, and more details go come later from Central Bank of Nigeria.
Meanwhile, Mr. Edun also talk say the council don agree to take steps to quicken the decentralization of the national grid. This go include setting up mini-grids and using solar and renewable energy sources like solar panels and wind turbines. According to his report, the Excess Crude Account dey stand at $473,754.57, the Natural Resources Fund dey ₦26,105,837,627.67, and the Stabilization Account dey ₦36,299,452,763.62.
RAED MORE RECENT NEWS HERE https://naija102.com/national-economic-council-don-call-make-dem-withdraw-tax-reform-bills/