It disclosed this under Part XII of the Companies and Allied Matters Act in the signed Finance Act 2020.
The Act stated that dividends that were unclaimed after 12 years should be included in the profits that should be distributed to the other shareholders of the company.
Our system of government is too expensive
THIS MOVE NA ADVANCED 'O JI O SỌPẸ' PERSON WEY BORROW FOR OUTSIDE WEY NO PAY IF HIM BORROW FOR HOUSE HIM GO PAY? THEY HAVE SEEN ANOTHER MONEY TO SHARE AGAIN. IF UNA TOUCH MY UNCLAIMED DIVIDEND NA COVID-20 GO KILL UNA. YEYE PEOPLE.
This Yahoo Yahoo government. 'Stealing' citizens' money with the aid of the law...backed by law uhmmmm
Yea yea. First kill innocent citizens then move on to 'borrow' money from hard working Nigerians that you do nothing for. That's classic aristocracy and dictatorship. Nothing else can surprise me about this government
Borrow it for what is it there's? What's wrong with this country biko
Finance Acts 2020 Flaws was well Orchestrated by FG in order to cease what belong to POOR NIGERIANS to finance their lavish lifestyle. There are a lot of litigations by Beneficiaries to claim their funds. What happens to them after winning their cases? Cut costs of Governance.
Bambiala government
Shamless administration, you want to rub your citizens of their hard earned money, if would have even sound better if you have been responsible to them. Will you also take YeleSowore 's money if his account is dormant or has unclaimed dividend? Alailojuti ole
Ole
Robbery. they want to wreck the economy now.
If the NigeriaGov planned to borrowed unclaimed dividends, dormant accounts, will they repay the money back or what?
🤦🏼♂️🤦🏼♂️🤦🏼♂️🤦🏼♂️🤦🏼♂️🤦🏼♂️🤦🏼♂️🤦🏼♂️🤦🏼♂️🤦🏼♂️🤦🏼♂️🤦🏼♂️🤦🏼♂️
Never tired of borrowing. You will soon be chasing dead 💀for money
This APC goverment is a loan and borrowing expert. Abaaaaa dividends and dormant account.
Ministry of finance lacks ideas ...
My money must be return with interest
Me I use to give my wife all access to my account but many people hide account from their relatives
Smile. This FG na Yahoo Yahoo grandpa.
This govt is stealing every kobo in sight. One wonders what they do with the money cos it's not visible
Nigeria is a fraud we are govern by fraudsters borrowing fraudulently soon them go borrow from palm wine tappers and plantain sellers from the streets...
They steal dead people’s monies
This people have no respect for us they're at this moment desperate to make more money. Please what's the need inline with projects to collect this funds?
Honestly, all is not well with FG
This woman, doesn't no more than to borrow, she even want to borrow from the dead.
This is stealing not borrowing.
This is Daylight Robbery , How can you rob ur Own Citizens in the middle of Economic this Hardship, pandemic & Lockdown. Hoodlums coronavirusuk
Borrow borrow government
Wo I do understand this but sé won fi borrow sé yin ni
BUHARI MIGHT SOON START BORROWING FROM CHURCHES AND MOSQUES. animal in human skin by fela
The one our ancestor Abacha is giving them is not enough...Dey go soon borrow from Hushpuppi
🤤
For Sale DEVELOPERS DELIGHT: Old demolishable structures sitting on 1250sqm (2½ plots) prime for redevelopment into a worship center, Hotel, Hospital, school, event center etc. LOCATION: Along Winners way, Bashorun, Ibadan. PRICE: ₦35M
......give MBuhari chance, he will borrow from the lunch boxes of primary school pupils.
After taking, using, borrowing and all, what next?
Buhari reminds me of the story of the prodigal son. The man came to lavish everything that resembles money which he can find. He just finished with borrowing pension funds, he has moved to borrowing from private accounts. Soon he will borrow school fees from students. If you...
Borrow abi steal? Have they finished paying other debts? Ahh God! Those who pushed this man on us ehn....🤔
Buhari will finish us MBuhari
Instead of the idiots to retrieve stolen money,running into trillions.....
Who go return the money. Cruise nation 😃😃😃😃
They want to steal bank deposit to fund their exotic life style
FG should please restore treasury bills. It is more honourable to borrow from citizens through treasury bills than steal peoples money under 'borrowing ' form frozen accounts. Will the next government agree to pay this ' loan'?
Lazy government. Yahoo yahoo government.
Follow for immediate follow back
Don't touch people's money please, look for money elsewhere!
Nigeria my country
Anywhere you see money, borrow. Oni gbese
Borrow unclaimed dividends, to satisfy their unsatiable appetites. When they buy cutleries every year in the presidential villa Renovating NASS building under a Depressed Economy Make una continue to borrow
1. You gave military $1Billion to fight terror. 2. That’s over N1Billion daily. 3. You catch terrorists. 4. You feed & rehabilitate them. 5. You release them .... 6. You fight them again.... 7. You ask for more money 8. The wastage continues 8. Are you guys not incredibly mad?
“Borrow” with no intention to pay back.
Wow, we are happy to lend the FG but the problem is when will they pay and at what interest rate?
Never creating new wealth. Just looking for readymade money to plunder. Bandits in power.
Always borrowing
Borrow or seize?
So this people are serious about this borrowing unclaimed dividends/dormant accounts. I think say na play ooooh 😱
AChijioke This is the reason why they voted for Buhari.... Armed robbery I broad day light... cow brains
Before they borrow from dormant account, they should explain the process of reclaim by the account holder. Again some of those account holders are dead 💀, how then can their families reclaim such. You can borrow from people you see not in absentia, so both agree on terms
FG go borrow from beggars,na small time e remain
But why not borrow from Dangote?
Go and borrow from Almajiri on the street, shameless fools sniffing for money everywhere.
just sell sambisa forest to the USA and use the money to solve all your problems naijaaaaa.
If dem born federal government well make them touch my remaining 865 with 1st bank..nah real war⚔
Why stealing from Nigerians, you know that no one will ask you to repay the money because the owners are either dead or not in Nigeria anymore. FGN this is unfair.
The budget shows s lot of waste. The executive & the legislathieves can cut off many of their excesses and save money for the important things
Why not borrow from treasury Bill's? Improve the interest rate & people will start investing in it again. It is better than 'stealing ' money from the citizens. After this government how certain is it the next government will agree to pay back the 'loan'.
Yahoo yahoo government
Won't they plan on cutting cost of governance...?
... wetin person no go see for this country!
We are in trouble with this borrow borrow government, with all these borrowing Nigeria will be sold and we won’t know until citizens are kicked out of ASO ROCK 🤔
Imagine they can always fine a way to borrowed money... but they can't find a way to ameliorate securities challenges and to reduce poverty.
Instead of the fg to look for a way to get the money to the rightful owners they want to borrow it. A lot of widows and family members are out there trying to claim such money but the banks are frustrating their efforts.
Unclaimed dividends you said Mrs. Finance Minister It's well with you unworthy leaders.
When the FG is done with this, they will move on to borrowing your salaries for budgetary expenditure. You ain't seen nothing yet.
Thought it was a joke🙄
Deen_______Yaro Nigeria 🌅🌳🇳🇬 General Sani Abacha First Press conference November 1993. 🇳🇬🌅👇🏻
😂😂😂🤣🤣🤣🤣🤣
Deen_______Yaro See how Nigerian Soldiers Launches Several Air Strikes to Bandits 🚀 🇳🇬🌅👇🏻
Deen_______Yaro How Coup plotters of Murtala Muhammad Executed by firing squad at Lagos beach 🏝 1976🌄🇳🇬☠️👇🏻
Deen_______Yaro The Day Nigeria Joined United Nation 7 October 1960. Golden voice of Africa Addressing UN General Assembly. 🌄🇳🇬🌐👇🏻
Deen_______Yaro General Ibrahim Babangida First Press Conference after 1983 Military Coup. 🌅🇳🇬👇🏻
Chai!!!! Ndi Oshi!!!!
Deen_______Yaro How Nigerian 🇳🇬 Youtuber Hits 🔥 30k Youtube Views In just 48 Hours 🚀 manually 📈 Worth (N200k) ☄️💰 🌅🚸🔥🌳👇🏻
Now its account theft. Sinzu
A lot of folks won't see anything wrong with this illegality policy until currupt politicians start using this medium to loot innocent Nigerians hard earned money. Shouldn't it had b right 4 d govt 2 rather trace & reach out 2d owner's of dis funds instead unlawfully borrowing..
This woman is going to put Nigeria in trouble
I've a dormant account, I'm not ready to reactivate it and I don't want to borrow FG my money. They should go to China and borrow.
Very soon una go carry gun enter high way. Thieves.
Now they wanna rob the people....well done
How can the government be so inhumane. I expect the government to encourage those with dormant account to go reactivate their accounts, also called on banks to inform relatives of account holders who are dead to come forward to claim the money, instead of covering the money.
Very soon they will borrow from Yahoo boys and ritualist.
To all Nigerians in diaspora, pls reactivate your accounts immediately before they steal your retirement cushion fund
They borrow.....and yet taxes the masses with unaccountable facts of uses. I sha like punch cartoon flakes....they are good 🥴🥴🚶🏻♂️🚶🏻♂️🚶🏻♂️
What a government! So confused. It's a pity.
Imagine borrowing from ezemnuo...who just left his money there
The only thing left now is to borrow from the dead... e.g Abiola, Abba Kyari
Breaking News !!! you just gained a follower. Follow 👉👉👉Joyismi for an instant follow back.
They keep us in Exile. They exclude us with BVN. They cut us off with NIN. They killed us at Lekki. Now they will take our money. If you touch our accounts, you will Perish NigeriaGov. Ogun and Sango will strike you. Leave our money alone thieves NGRPresident, MBuhari
Very soon FG will consider borrowing from heaven...always borrowing without making plans to create a way of payback Who are the economists in Nigeria? Must this be the final way to survive
This one is a big thief.., only specializes in borrowing