S’East Devt Commission Denies Secretly Borrowing N25bn Without Approval

Thenews_chronicle | 13-05-2025 05:01am |

On Monday, the Southeast Development Commission (SEDC) issued a statement denying allegations that it secured a ₦25 billion ‘secret’ loan from a commercial bank without statutory approvals. A report published by The Sun Newspaper on Sunday, May 11, 2025, made the allegations. However, SEDC management stated in a statement that the claim was entirely false and [...]

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