Economic data

Nigeria: Govt Defends $21.7bn Loan, Says Funds Meant for Productive Ventures

AllAfrica29 October 2026, 05:07 UTCNigeria

[This Day] The federal government yesterday defended its proposed $21.7 billion external borrowing plan, insisting that the funds would finance productive investments in infrastructure and other critical sectors to stimulate economic growth, strengthen national productivity and improve living standards.

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