• FG approves three-year external borrowing plan

    FG approves three-year external borrowing plan

    The federal government has approved a three-year rolling external borrowing plan.

    Briefing State House Correspondents after the Federal Executive Council (FEC) meeting held in Abuja yesterday, the Minister for Finance, Mrs. Kemi Adeosun, said the approval would be transmitted to the National Assembly immediately.

    She said the loans would come from agencies such as the World Bank, African Development Bank, China Exim Bank, and other development agencies like the Japanese International Cooperation Agency (JICA).

    Also at the briefing were the Minister for Information […]