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FG suspends financial council dues after backlash

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The Federal Government has announced a temporary suspension of the implementation of annual dues imposed on public interest enterprises by the Financial Reporting Council.

This came following widespread concerns from industry stakeholders.

The Minister of Industry, Trade, and Investment, Jumoke Oduwole, disclosed the decision at a Ministerial Consultative Meeting on the Financial Reporting Council Annual Dues for Public Interest Enterprises on Wednesday in Abuja.

The meeting was called in response to numerous official letters the ministry received regarding the issue.

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