Dangote refinery had, on Thursday, cut its ex-depot petrol price from N828 to N699 per litre.
The lawmaker noted that the steep rise in airline ticket prices is currently affecting millions of Nigerian families.
She said the exercise was in line with its powers conferred under the Bank and Other Financial Institutions Act (BOFIA) 2020.
This is as the firm moves to appoint ten local and international forensic auditors to scrutinise its bank accounts across Nigeria.
Ms Uzoka-Anite said that Nigeria’s goal was to generate gross domestic product of over four per cent per annum by 2027.
The minister said the federal government had implemented a federal billing system, which enables it to track exact payments for goods and services.
The naira depreciated on Tuesday, Wednesday and Thursday, trading at N1,484.13; N1,494.01 and N1,498.97 respectively.
Wema Bank now exceeds the ₦200 billion minimum capital requirement for commercial banks with national authorisation.
According to him, key drivers of renewed investor confidence are the CBN’s reforms and stabilisation of the naira.
President Bola Ahmed Tinubu hailed the refinery as “a remarkable achievement” and “a phenomenal project of our time.”
