The Economic and Financial Crimes Commission (EFCC) is reportedly conducting an investigation into at least $347 billion allocated to companies in Nigeria between January 2014 and June 2023.JAMB Portal
The investigation has expanded to include some foreign firms operating in Nigeria. The EFCC’s scrutiny focuses on 52 companies, including the Dangote Group, which received the largest share of the forex allocations under the tenure of the former Central Bank Governor, Godwin Emefiele.informationguidenigeria
👉 Relocate to Canada Today!
Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to CanadaRead Other News:
- Nigeria Sets Tax Revenue Target of N19.4 Trillion for 2024
- APC, PDP hopeful as S’Court decides Sokoto gov poll today
- Insecurity: Taraba govt bans motorcycles, restricts tricycles
- Nigerians languish in poverty as inflation rises unfettered under Tinubu
The probe aims to determine if the forex allocations were misused and if there were any violations of regulations.
Additionally, some foreign companies, such as Crane Currency Limited, Gleseck+Deverint GmbH, De La Rue Ltd, Oberthur Fiduclaire SAS, and Orelll Fussli, are reportedly under investigation for import and export violations.
Check JAMB Result
Check and Confirm: How much is Dollar to Naira
