Tag: $247.3m external loan

  • Again, FG seeks fresh $247.3m external loan

    Again, FG seeks fresh $247.3m external loan

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    by

    Starnews NG
    in

    The Federal Government will take another fresh external loan of $247.3m for the development of infrastructure, despite the country’s rising debt profile. The Federal Executive Council made the approval at its sitting in Abuja on Wednesday. The Puch reports that it came just days after the International Monetary Fund raised eyebrows over Nigeria’s current N24.38tn debt,…