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Debt servicing gulps N8trn as FG seeks to borrow more

Debt servicing gulps N8trn as Buhari seeks to borrow more

President Muhammadu Buhari on Thursday said in Riyadh, Saudi Arabia, that Nigeria is willing to mobilize additional capital from development finance institutions for the upgrade of critical infrastructure in the country, Daily Trust reports. This is even as the Federal Government has so far spent N7.9trillion in servicing various external and domestic debts in five…

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