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NERFUND

FG to shut down NERFUN

The Federal Government is making arrangements to shut down the operations of the National Economic Reconstruction Fund (NERFUND) at the end of October due to huge non-performing loans of about N17.5 billion.A competent source at the…

Don’t scrap NERFUND, Reps tell FG

The House of Representatives has advised the Federal Government to restructure the National Economic and Reconstruction Fund (NERFUND) for efficiency rather than contemplation to scrap it.Consequently, the House resolved to invite all…