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Tuesday 17 August 2021

Nigeria releases N1.3 trln for capital projects by Aug, warns on increasing debt profile

Nigeria releases N1.3 trln for capital projects by Aug, warns on increasing debt profile: Nigeria has released up to 63.5 percent of the capital vote for this year as of August, according to the Director General of the Budget Office, Ben Akabueze, but warned that the country was spending more than it earns, which leaves borrowing inevitable. He said a total of N1.3 trillion has so fa ...

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