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FG Defends $21.7bn Loan Plan, Says Borrowing Will Build National Assets

The Federal Government has defended its proposed $21.7bn external borrowing plan, saying the funds are intended to finance productive assets rather than consumption. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, made this known shortly after Wednesday’s Federal Executive Council (FEC) meeting at the Presidential Villa in Abuja. Addressing public commentary […]

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