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Debt servicing gulps N8trn as FG seeks more loans

Debt servicing gulps N8trn as FG seeks more loans

President Muhammadu Buhari said yesterday 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. This is even as the Federal Government has so far spent N7.9trillion in servicing various external and domestic debts in five years, almost as huge…

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