Nigeria Debt Profile Rises, to Borrow U.S.$25 Billion By 2015

3 October 2012

Abuja — THE Federal Government is expected to borrow $25 billion by 2015, Nigeria's Debt Management Office, DMO, told the House of Representatives yesterday.

This disclosure was made at a meeting with the House Joint Committee on Finance, Legislative Budget and Research, National Planning and Aid, Loans and Debt Management scrutinising the 2013-2015 Medium Term Expenditure Framework and Fiscal Strategy, MTEFF, paper submitted by President Goodluck Jonathan.

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