Auditors Raise Concern Over TCN PLC’s Ability To Recover From N59.2bn Loss

The independent auditors of Tourist Company of Nigeria Plc, BDO Nigeria are doubtful of the company’s ability to continue operation after accumulating N59.2bn losses.

Despite the crisis, the management of Tourist Co.incurred huge payment to directors and the chairman. These were disclosed in the company’s financial statement for 2023, analysed by THE WHISTLER.