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Nigeria:
Senate to Pass Buhari's U.S.$30 Billion Loan Request - Lawan
Premium Times, 16 December 2019
The Senate President, Ahmad Lawan, on Monday, gave the clearest indication yet that the Senate would pass a $29.96 billion loan request by President Muhammadu Buhari. Read more »
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Nigeria:
DMO Clarifies Nigeria's External Debt
Vanguard, 10 December 2019
The Debt Management Office (DMO) says the public debt stock of the country is a cumulative figure of borrowings by successive governments over many years. Read more »
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Nigeria:
$22.7 Billion Loan Request Meant for Infrastructure - Govt
Premium Times, 10 December 2019
The federal government has said the $22.7 billion requested by President Muhammadu Buhari in the External Borrowing Plan (2016 to 2018) would be invested in Infrastructure… Read more »
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Nigeria:
Buhari's Ministers to Reps - Why Nigeria Must Borrow $22.7bn Now
Vanguard, 11 December 2019
For government to meet the infrastructure needs of the people, borrowing is inevitable, three cabinet ministers told the House of Representatives yesterday. Read more »
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Nigeria:
Why We Can't Stop Borrowing, Fashola, Saraki, Zainab Tell Reps
Daily Trust, 10 December 2019
The ministers of Finance, Mrs. Zainab Ahmed; Works and Housing, Babatunde Fashola; Minister of State for Transport, Gbemisola Saraki as well as the Director-General, Debt… Read more »
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Nigeria:
External Borrowing Plan for $22.7bn, Not $29.9bn - DMO
Vanguard, 10 December 2019
The Debt management office (DMO) has clarified that the External Borrowing Plan for which the Federal government is seeking National Assembly approval stands at $22.7 billion and… Read more »