$380bs lost to capital flight, says Content Board

Nigeria lost about $380 billion to capital flight before the enactment of the Nigerian Content Law, Nigerian Content Development and Monitoring Board (NCDMB) Executive Secretary Simbi Wabote has said. According to Wabote, before the Law's coming, fabrication, engineering, and procurement were done abroad, resulting in the huge cash loss in 50 years. About two millionRead MoreThe post $380bs lost to capital flight, says Content Board appeared first on The Nation Nigeria.
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