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Debt Servicing Gulps N8 Trillion As FG Seeks More Loans

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President Muhammadu Buhari said yesterday in Riyadh, Saudi Arabia, that Nigeria is willing to mobilize additional capital from development finance institutions for the upgrade of critical infrastructure in the country. This is even as the Federal Government has so far spent N7.9trillion in servicing various external and domestic debts in five years, almost as huge…

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