FG Seeks $1.5bn World Bank Loans As Debt Hits N166.79tn
The Federal Government is negotiating $1.5bn in new World Bank loans for climate resilience, social protection and child development as public debt climbs to N166.79tn.
The Federal Government is negotiating $1.5bn in new World Bank loans for climate resilience, social protection and child development as public debt climbs to N166.79tn.
President Tinubu’s administration has secured $11.4bn in World Bank loan approvals in under three years, closing in on the $14.59bn approved across Buhari’s eight years, though disbursement remains slow at 20.3 per cent.