The Consumer Protection Council (CPC) has ordered First City Monument Bank (FCMB) to refund N1, 542,775,841.58 to the Bauchi State Government being the total sum of illegal deductions made from the state government’s loan account with the bank.
CPC’s Order was made after the conclusion of its investigation into a petition from the Bauchi State Government, alleging that it had been short-changed by FCMB with N1, 864,188,594.78 excess interest and other charges on its loan account with the bank.
The Bauchi State […]
The Bauchi state government has pledged its commitment and determination to commence preparation for next year’s budget by next month in order to avert unforeseen problems militating against smooth implementation of budgets in the state.
The state commissioner of the State Planning Commission, Alhaji Shehu Barau Ningi, made the disclosure weekend while declaring open a one-day refresher training on “Backlog Data Clearing Exercise from 2013 to 2015”, at the conference hall of the commission.
Alhaji Shehu Barau Ningi said by January 2017, […]