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Legacy debts account for $3bn of $5.5bn foreign borrowing – Adeosun — NEWSVERGE
…Says Nigeria’s debt to GDP ratio is within a reasonable threshold Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, has revealed that the Federal Government would apply the sum of US$3 billion in refinancing the legacy debts of the immediate past government. The outlay is part of the US$5.5 billion foreign loan being sourced from […]
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