NDIC remits N15.4b into Consolidated Revenue Fund

The Nigeria Deposit Insurance Corporation, remitted a total of N15.4bn to the Consolidated Revenue Fund between 2007 & 2014.

The Fiscal Responsibility Commission (FRC), made this known in a commendation letter it wrote to the NDIC praising the Corporation.

It commended the management of NDIC for compliance with the submission of its audited financial statements of 2007- 2014 & prompt payment