{"id":101491,"date":"2021-11-02T09:34:07","date_gmt":"2021-11-02T08:34:07","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=101491"},"modified":"2021-11-02T09:35:56","modified_gmt":"2021-11-02T08:35:56","slug":"frc-to-punish-14-banks-violating-loan-conditions-to-states","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/","title":{"rendered":"FRC to punish 14 banks violating loan conditions to states"},"content":{"rendered":"<p>The Fiscal Responsibility Commission (FRC) has stated that it will punish about 14 banks and financial institutions allegedly granting loans without due process to state governments.<\/p>\n<p>This was stated on Monday by Victor Muruako, FRC chairman at a<span data-preserver-spaces=\"true\"> transparency and accountability sensitisation workshop for the south-east zone held in Lagos.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The FRC organised the event as part of its zonal sensitisation campaigns on Transparency, Accountability and Prudence (TAP) in public finance management.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In his welcome address, Muruako said the commission was already engaging with loan institutions on the issue.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Although he declined to name the banks and institutions involved, the FRC boss said the commission was still engaging them.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to him, some conditions must be met by states before they can be granted loans.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cBanks and other financial institutions (OFIs) that make themselves willing tools of fiscal carelessness by granting loans to some sub-national governments without regard to due process will be sanctioned,\u201d he said.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cIssues of loans, <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/10\/07\/reduce-borrowing-and-explore-other-ways-of-financing-projects-lawan-tells-fg\/\">borrowing<\/a> and indebtedness are in the Exclusive List in the 1999 Constitution of the Federal Republic of Nigeria (as amended).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cSection 45(2) in Part X of the Fiscal Responsibility Act 2007 specifies conditions for borrowing by \u201cany government in the Federation or its agencies and corporations.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cLending by banks and financial institutions in contravention of this Part shall be unlawful.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Muruako said subnational governments should not make loans their first and last consideration for meeting revenue shortfalls but should consider ways of harvesting their dormant potentials for internally generated revenue (IGR).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201dIn line with the foregoing, the commission hereby serves notice to defaulting banks and other financial institutions that the window of just using moral suasion is closing,\u201d he added.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cGoing forward, we intend to invoke the provisions of the law against this expressly defined unlawful act, wherever it rears its head.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cWhere the Fiscal Responsibility Act (FRA) 2007 appears inadequate to compel, we shall aggressively invoke our collaborations with sister agencies such as the ICPC and EFCC.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">He pointed out that even the \u201cbailout loans\u201d by the federal government to states carried a conditionality that benefiting states should commit to a fiscal sustainability plan (FSP), consisting of 22 actions grouped under five objectives.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThe objectives are improving accountability and transparency, increasing public revenue, rationalising public expenditure, improving public financial management and sustainable debt management,\u201d he said.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Also speaking at the event, Abdulrasheed Bawa, chairman of the Economic and Financial Crimes Commission (EFCC), said states should domesticate the Fiscal Responsibility Act.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Bawa, represented by Emeka Okonjo, deputy zonal commander of the EFCC, Lagos state, further advised states must take accountability and transparency seriously.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Fiscal Responsibility Commission (FRC) has stated that it will punish about 14 banks and financial institutions allegedly granting loans without due process to state governments. This was stated on Monday by Victor Muruako, FRC chairman at a transparency and accountability sensitisation workshop for the south-east zone held in Lagos. The FRC organised the event [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":101493,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[16587],"tags":[21366,21365,21364,9496,14792,12722],"class_list":["post-101491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-14-banks","tag-accountability-and-prudence-tap","tag-fiscal-responsibility-commission-frc","tag-igr","tag-transparency","tag-victor-muruako"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FRC to punish 14 banks violating loan conditions to states<\/title>\n<meta name=\"description\" content=\"The Fiscal Responsibility Commission (FRC) has stated that it will punish about 14 banks and financial institutions allegedly granting loans without due process to state governments.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRC to punish 14 banks violating loan conditions to states\" \/>\n<meta property=\"og:description\" content=\"The Fiscal Responsibility Commission (FRC) has stated that it will punish about 14 banks and financial institutions allegedly granting loans without due\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/\" \/>\n<meta property=\"og:site_name\" content=\"NEWS PICKS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/withinnigeria\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/SodiqAdewaleChocomilo?mibextid=ZbWKwL\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-02T08:34:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-02T08:35:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/11\/adewale_chocomilo\/2021\/11\/02\/20211102_092649.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"977\" \/>\n\t<meta property=\"og:image:height\" content=\"509\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sodiq Lawal Chocomilo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@OChocomilo\" \/>\n<meta name=\"twitter:site\" content=\"@withinnigeria\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sodiq Lawal Chocomilo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/11\\\/02\\\/frc-to-punish-14-banks-violating-loan-conditions-to-states\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/11\\\/02\\\/frc-to-punish-14-banks-violating-loan-conditions-to-states\\\/\"},\"author\":{\"name\":\"Sodiq Lawal Chocomilo\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/person\\\/db8593431a99b3751c40316ba4b4a452\"},\"headline\":\"FRC to punish 14 banks violating loan conditions to states\",\"datePublished\":\"2021-11-02T08:34:07+00:00\",\"dateModified\":\"2021-11-02T08:35:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/11\\\/02\\\/frc-to-punish-14-banks-violating-loan-conditions-to-states\\\/\"},\"wordCount\":435,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/11\\\/02\\\/frc-to-punish-14-banks-violating-loan-conditions-to-states\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/11\\\/adewale_chocomilo\\\/2021\\\/11\\\/02\\\/20211102_092649.jpg\",\"keywords\":[\"14 banks\",\"Accountability and Prudence (TAP)\",\"Fiscal Responsibility Commission (FRC)\",\"IGR\",\"Transparency\",\"Victor Muruako\"],\"articleSection\":[\"Business\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/11\\\/02\\\/frc-to-punish-14-banks-violating-loan-conditions-to-states\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/11\\\/02\\\/frc-to-punish-14-banks-violating-loan-conditions-to-states\\\/\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/11\\\/02\\\/frc-to-punish-14-banks-violating-loan-conditions-to-states\\\/\",\"name\":\"FRC to punish 14 banks violating loan conditions to states\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/11\\\/02\\\/frc-to-punish-14-banks-violating-loan-conditions-to-states\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/11\\\/02\\\/frc-to-punish-14-banks-violating-loan-conditions-to-states\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/11\\\/adewale_chocomilo\\\/2021\\\/11\\\/02\\\/20211102_092649.jpg\",\"datePublished\":\"2021-11-02T08:34:07+00:00\",\"dateModified\":\"2021-11-02T08:35:56+00:00\",\"description\":\"The Fiscal Responsibility Commission (FRC) has stated that it will punish about 14 banks and financial institutions allegedly granting loans without due process to state governments.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/11\\\/02\\\/frc-to-punish-14-banks-violating-loan-conditions-to-states\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/11\\\/02\\\/frc-to-punish-14-banks-violating-loan-conditions-to-states\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/11\\\/02\\\/frc-to-punish-14-banks-violating-loan-conditions-to-states\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/11\\\/adewale_chocomilo\\\/2021\\\/11\\\/02\\\/20211102_092649.jpg\",\"contentUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/11\\\/adewale_chocomilo\\\/2021\\\/11\\\/02\\\/20211102_092649.jpg\",\"width\":977,\"height\":509},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/11\\\/02\\\/frc-to-punish-14-banks-violating-loan-conditions-to-states\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FRC to punish 14 banks violating loan conditions to states\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/\",\"name\":\"NEWS\",\"description\":\"Latest &amp; Trending Nigeria News, Entertainment, Sports\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#organization\",\"name\":\"WITHN NIGERIA MEDIA LIMITED\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/01\\\/Logo-dark-bg.png\",\"contentUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/01\\\/Logo-dark-bg.png\",\"width\":750,\"height\":500,\"caption\":\"WITHN NIGERIA MEDIA LIMITED\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/facebook.com\\\/withinnigeria\",\"https:\\\/\\\/x.com\\\/withinnigeria\",\"https:\\\/\\\/www.instagram.com\\\/withinnigeria\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/withinnigeria\\\/\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCo0qw0SqhKNTsQQM48FpdTA\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/person\\\/db8593431a99b3751c40316ba4b4a452\",\"name\":\"Sodiq Lawal Chocomilo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/87917d701bb342a8e7c12833c7301dab5a0c88c83b2959248027da7ade686bc6?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/87917d701bb342a8e7c12833c7301dab5a0c88c83b2959248027da7ade686bc6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/87917d701bb342a8e7c12833c7301dab5a0c88c83b2959248027da7ade686bc6?s=96&d=mm&r=g\",\"caption\":\"Sodiq Lawal Chocomilo\"},\"description\":\"Lawal Sodiq Adewale aka CHOCOMILO is an award winning journalist. Mail me at Chocomilo@withinnigeria.com. See full profile on Within Nigeria's TEAM PAGE\",\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/SodiqAdewaleChocomilo?mibextid=ZbWKwL\",\"https:\\\/\\\/x.com\\\/OChocomilo\"],\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/author\\\/adewale_chocomilo\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"FRC to punish 14 banks violating loan conditions to states","description":"The Fiscal Responsibility Commission (FRC) has stated that it will punish about 14 banks and financial institutions allegedly granting loans without due process to state governments.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/","og_locale":"en_GB","og_type":"article","og_title":"FRC to punish 14 banks violating loan conditions to states","og_description":"The Fiscal Responsibility Commission (FRC) has stated that it will punish about 14 banks and financial institutions allegedly granting loans without due","og_url":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/","og_site_name":"NEWS PICKS \u2014 WITHIN NIGERIA","article_publisher":"https:\/\/facebook.com\/withinnigeria","article_author":"https:\/\/www.facebook.com\/SodiqAdewaleChocomilo?mibextid=ZbWKwL","article_published_time":"2021-11-02T08:34:07+00:00","article_modified_time":"2021-11-02T08:35:56+00:00","og_image":[{"width":977,"height":509,"url":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/11\/adewale_chocomilo\/2021\/11\/02\/20211102_092649.jpg","type":"image\/jpeg"}],"author":"Sodiq Lawal Chocomilo","twitter_card":"summary_large_image","twitter_creator":"@OChocomilo","twitter_site":"@withinnigeria","twitter_misc":{"Written by":"Sodiq Lawal Chocomilo","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/#article","isPartOf":{"@id":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/"},"author":{"name":"Sodiq Lawal Chocomilo","@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/person\/db8593431a99b3751c40316ba4b4a452"},"headline":"FRC to punish 14 banks violating loan conditions to states","datePublished":"2021-11-02T08:34:07+00:00","dateModified":"2021-11-02T08:35:56+00:00","mainEntityOfPage":{"@id":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/"},"wordCount":435,"commentCount":0,"publisher":{"@id":"https:\/\/www.withinnigeria.com\/news\/#organization"},"image":{"@id":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/#primaryimage"},"thumbnailUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/11\/adewale_chocomilo\/2021\/11\/02\/20211102_092649.jpg","keywords":["14 banks","Accountability and Prudence (TAP)","Fiscal Responsibility Commission (FRC)","IGR","Transparency","Victor Muruako"],"articleSection":["Business"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/","url":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/","name":"FRC to punish 14 banks violating loan conditions to states","isPartOf":{"@id":"https:\/\/www.withinnigeria.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/#primaryimage"},"image":{"@id":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/#primaryimage"},"thumbnailUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/11\/adewale_chocomilo\/2021\/11\/02\/20211102_092649.jpg","datePublished":"2021-11-02T08:34:07+00:00","dateModified":"2021-11-02T08:35:56+00:00","description":"The Fiscal Responsibility Commission (FRC) has stated that it will punish about 14 banks and financial institutions allegedly granting loans without due process to state governments.","breadcrumb":{"@id":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/#primaryimage","url":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/11\/adewale_chocomilo\/2021\/11\/02\/20211102_092649.jpg","contentUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/11\/adewale_chocomilo\/2021\/11\/02\/20211102_092649.jpg","width":977,"height":509},{"@type":"BreadcrumbList","@id":"https:\/\/www.withinnigeria.com\/news\/2021\/11\/02\/frc-to-punish-14-banks-violating-loan-conditions-to-states\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.withinnigeria.com\/news\/"},{"@type":"ListItem","position":2,"name":"FRC to punish 14 banks violating loan conditions to states"}]},{"@type":"WebSite","@id":"https:\/\/www.withinnigeria.com\/news\/#website","url":"https:\/\/www.withinnigeria.com\/news\/","name":"NEWS","description":"Latest &amp; Trending Nigeria News, Entertainment, Sports","publisher":{"@id":"https:\/\/www.withinnigeria.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.withinnigeria.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.withinnigeria.com\/news\/#organization","name":"WITHN NIGERIA MEDIA LIMITED","url":"https:\/\/www.withinnigeria.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/01\/Logo-dark-bg.png","contentUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/01\/Logo-dark-bg.png","width":750,"height":500,"caption":"WITHN NIGERIA MEDIA LIMITED"},"image":{"@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/withinnigeria","https:\/\/x.com\/withinnigeria","https:\/\/www.instagram.com\/withinnigeria\/","https:\/\/www.linkedin.com\/company\/withinnigeria\/","https:\/\/www.youtube.com\/channel\/UCo0qw0SqhKNTsQQM48FpdTA"]},{"@type":"Person","@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/person\/db8593431a99b3751c40316ba4b4a452","name":"Sodiq Lawal Chocomilo","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/secure.gravatar.com\/avatar\/87917d701bb342a8e7c12833c7301dab5a0c88c83b2959248027da7ade686bc6?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/87917d701bb342a8e7c12833c7301dab5a0c88c83b2959248027da7ade686bc6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/87917d701bb342a8e7c12833c7301dab5a0c88c83b2959248027da7ade686bc6?s=96&d=mm&r=g","caption":"Sodiq Lawal Chocomilo"},"description":"Lawal Sodiq Adewale aka CHOCOMILO is an award winning journalist. Mail me at Chocomilo@withinnigeria.com. See full profile on Within Nigeria's TEAM PAGE","sameAs":["https:\/\/www.facebook.com\/SodiqAdewaleChocomilo?mibextid=ZbWKwL","https:\/\/x.com\/OChocomilo"],"url":"https:\/\/www.withinnigeria.com\/news\/author\/adewale_chocomilo\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts\/101491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/comments?post=101491"}],"version-history":[{"count":0,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts\/101491\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/media\/101493"}],"wp:attachment":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/media?parent=101491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/categories?post=101491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/tags?post=101491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}