The Federal Government on Tuesday explained why it decided to approach the Brazil for a $1.2bn external loan request to finance agricultural programmes in the 2021 budget. A request for approval has also been transmitted to the National Assembly, the Minister of Finance, Budget and National Planning, Zainab Ahmed, who appeared before the House of
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The Nigeria’s Government on Tuesday explained why it decided to approach the China-Exim Bank for a $17bn loan request. It said other lending institutions like the World Bank and the African Development Bank were not showing much interest when Nigeria approached them during recession. The Minister of Finance, Zainab Ahmed, stated this in the Senate while defending the
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