US EditionFederal Gov't Okays $1bn AfDB Loan, N2trn Borrowing Limit For Finance Ministry
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Federal Gov't Okays $1bn AfDB Loan, N2trn Borrowing Limit For Finance Ministry
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed that the federal executive council (FEC) has approved a concessionary budget support loan of $1bn from the African Development Bank (AfDB) He disclosed this to State House correspondents on Monday after the council meeting presided over by President Bola Tinubu at the Presidential Villa, Abuja. According to him, an inherited loan processing involving $100 mill…
·Abuja, Nigeria
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