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Nigeria’s debt to hit N77tn, loan servicing N5.2tn
Nigeria’s public debt load could reach N77 trillion if the National Assembly approves the President’s, Major General Muhammadu Buhari (retd.), request to restructure the Ways and Means Advances. According to The PUNCH, the Central Bank of Nigeria uses a borrowing instrument called Thee Ways and Means Advances to pay for budgetary gaps in the government. […]