NERFUND tasks EFCC on debts recovery

Image result for NERFUNDThe National Economic Reconstruction Fund NERFUND wants the Economic and Financial Crimes Commission to go after its debtors.

The fund, in a save our souls visit to the commission, says its activities have been crippled owing to seventeen point five billion naira unpaid loans.

It says much of the loans were taken without due process being followed and efforts to get them re-paid have failed.

NERFUND says its activities are grounded with staff laid off for want of funds to pay salaries, adding that many more people may lose their jobs if nothing urgent is done.

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