‘Stop Deceiving Nigerians’ – Rufai Oseni Blasts Oyedele over $21.7bn Loan

‘Stop deceiving Nigerians’ – Rufai Oseni blasts Oyedele over $21.7bn loan

Arise News anchor, Rufai Oseni, has fired back at the Minister of Finance, Taiwo Oyedele, over his defence of the fresh external borrowing request of President Bola Tinubu. DAILY POST recalls that Oyedele had on Wednesday stated that the $20.52 billion and €1.045 billion fresh loans requested by President Tinubu are not borrowing but investment. […] ‘Stop deceiving Nigerians’ – Rufai Oseni blasts Oyedele over $21.7bn loan

Tinubu Defends Fresh Borrowing, Says Infrastructure Investments Will Benefit Future Generations

President Bola Tinubu has defended his administration’s borrowing plans amid criticism from opposition leaders, arguing that loans should be assessed by the infrastructure they deliver and the economic value they create.

FG says proposed $21.7bn borrowing plan will fund infrastructure and other assets

KEY POINTS MAIN STORY The Federal Government has defended its proposed $21.7 billion external borrowing plan, describing it as a multi-year investment programme for infrastructure and other assets rather than funding for immediate government spending. Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, made the clarification after the Federal Executive Council meeting […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

$21.7bn Loan Plan: Oyedele Says $10.6bn Will Go To Roads, Rail

The federal government has said it plans to spend about $10.6 billion of its proposed $21.7 billion external borrowing on transportation infrastructure, including the Sokoto-Badagry and Lagos-Calabar highways and the Kano-Kaduna rail project, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said. Oyedele defended the borrowing plan as an investment […]

Finance Minister defends $21.7bn loans, links borrowing to growth

  By Cross Udo, Abuja The Federal Government on Wednesday defended its proposed $21.7 billion external borrowing programme, arguing that the funds would finance productive infrastructure and other investments capable of generating economic returns greater than the cost of borrowing. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, explained while briefing …

FG Borrowing Justified By Huge Investment In Infrastructure, Improvements in Security Sector - Opposition Rep Agbese - THE AUTHORITY NEWS

Hon. Philip Agbese, Labour Party leader in Benue State and member representing Ado/Okpokwu/Ogbadibo Federal Constituency, has strongly defended the Federal Government’s proposed $21.7 billion supplementary external borrowing plan. According to Agbese, the funds are fully justified by the Tinubu administration’s massive investments in critical infrastructure and the gains recorded in...