Two (2) Investments with total value of N1,175,144,342.00 was recognized in the year under review, the figure is N80,100,000 less than the previous year which was N1,255,244,342.00. The decrease was as a result of reduction of the investment in Ire Clay Products Ltd from N267,000,000.00 in year 2021 to N186,900,000 in the year 2022. Audit however had not been able to identify any income accrued to the state purse from this investment.
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