Wednesday 10 August 2016

Nigeria set to borrow more, No other option in sight.... Kemi Adeosun.

The end to borrowing might not just be in sight for our dear country Nigeria. This comes as the Finance Minister, Mrs. Kemi Adeosun made statement of fact concerning the current economic status of Nigeria. Stressing that Nigeria must borrow to fund infrastructural provision and put the economy back on track.

Kemi said Nigeria had been borrowing in the past to pay salaries, but this time around Nigeria would be borrowing to develop key infrastructures that will build and sustain Nigeria's economy.



Nigeria is set to borrow more funds from international financial institutions like the World Bank who have also shown interest to lend to Nigeria if our policies and priorities are gotten right.

Source

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