Finance ministry defends Tinubu’s $21.5bn borrowing request, says it won’t lead to automatic debt increase
The Nigerian Finance Ministry has said that President Bola Tinubu’s recent plan to borrow $21.5 billion from outside the country does not mean Nigeria’s debt will automatically go up. On May 27, President Tinubu asked the National Assembly for permission to borrow $21.5 billion. He also requested to issue government bonds worth about N758 billion. […]