Nigeria Unveils U.S.$9.3 Billion External Borrowing Plan
The federal government has amended its borrowing plan for infrastructural development, reviewing its proposed debt profile up from U.S$7.9 billion to U.S.$9.3 billion between 2012 and 2014.
Budget 2013
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Nigeria: FG Unveils U.S.$9.3 Billion External Borrowing Plan
This Day, 6 November 2012
The Federal Government Monday proposed a portfolio of concessionary loans totalling $9.3 billion under its 2012-2014 Medium Term External Borrowing Plan and requested the National ... read more »
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Nigeria: Budgeting Their Mind Set (opinion)
Daily Trust, 6 November 2012
The 2013 national budget was finally presented to the National Assembly for consideration last month. Many economists are reluctant to assign too much significance to specific ... read more »
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Nigeria: FG to Float U.S.$1 Billion Euro Bond
Vanguard, 5 November 2012
The Federal Government has requested the endorsement of the National Assembly for the floating of a one billion dollar bond to execute infrastructural projects across the country ... read more »
InFocus
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The Debt Management Office gave an indication that the country's total debt profile might hit U.S.$25 billion by 2015. Read more »
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High probability exsist this request may be granted and I have no proble with that. Real problem come when we look at he histoiry o such borrowing and how they're used . No one gain when such sum is borrowed to fund reckless lifestyle of Government officials and thgeir feinds in high political profile , thgis has been the outcome of our mon ey use and the citizens become payers. This nation must becomne aware of our unbiqueness in amnythings we have taken ffor granted in the psat and develope measure to protect public interest by holding someone accountable as trusted agent . What about holding Ngozi-Iweala responsible and accountable on behalf of Nigeria citizens should this money or any part thereof be short-used or misused by any one in her government or anyone else . History of money management within Jonathans government have not been the best since his regime . Make this conditional to release more easy money to these untrustable regime.