President Muhammadu Buhari has said that the deficit of N2.36 trillion for 2017, which is about 2.18 per cent of GDP, will be financed mainly by borrowing a projected N2.32 trillion.
Read More »PDP opposes plans by Buhari to borrow $29.960b
The attention of the Peoples Democratic Party (PDP) has been drawn to letters submitted by the Federal Government of Nigeria to the National Assembly seeking approval for an external borrowing of $29.960b, and movement of N180b appropriated for special intervention to funding of ‘critical recurrent and capital items’.
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