Why is FG seeking another $1.5bn in World Bank loans? See how Nigeria’s debt has risen

The Federal Government is discussing another $1.5 billion in loans from the World Bank, with the proposed financing coming as Nigeria’s public debt climbs to N166.79 trillion. The new financing is not one single loan. It consists of three proposed $500 million facilities targeting climate resilience, social protection and early childhood development. The Federal Government […] The post Why is FG seeking another $1.5bn in World Bank loans? See how Nigeria’s debt has risen appeared first on CrispNG.

Why is FG seeking another $1.5bn in World Bank loans? See how Nigeria’s debt has risen












The Federal Government is discussing another $1.5 billion in loans from the World Bank, with the proposed financing coming as Nigeria’s public debt climbs to N166.79 trillion. The new financing is not one single loan. It consists of three proposed $500 million facilities targeting climate resilience, social protection and early childhood development. The Federal Government […]

The post Why is FG seeking another $1.5bn in World Bank loans? See how Nigeria’s debt has risen appeared first on CrispNG.

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