Oil-backed loans, OPEC quotas threaten FG’s N47.9tr budget plan

The Federal Government is considering adding a fresh liability of $2.2 billion to the existing debt overhang as part of its plans to fund an ambitious spending envelope of N47.9 trillion next year.

The post Oil-backed loans, OPEC quotas threaten FG’s N47.9tr budget plan appeared first on The Guardian Nigeria News – Nigeria and World News.

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