The federal government yesterday issued further statement in clarification for the plan to raise fresh N2.343 trillion from the external market
The Debt Management Office (DMO) in a statement yesterday said the letter to the National Assembly was to enable the implementation of the new external capital raising of the N2.343 trillion (approximately $6.183 billion at the budget exchange rate of $1/N379) included in the 2021 Appropriation Act.
“The proposed new capital raising, is the new external borrowing provided in the 2021 appropriation Act to part…
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