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The Lagos

Tinubu Seeks Senate Approval For $7.7bn External Borrowing

Tinubu Seeks Senate Approval For $7.7bn External Borrowing
Photo: Channels Television · view original

President Bola Tinubu has requested the Senate to approve the implementation of an external borrowing plan of 7.7 billion dollars. At an exchange rate of ₦1,400 to the dollar, the borrowing amounts to about N10.79 trillion naira The President said the funds are to part-finance the N20.2 trillion...

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