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Tag: 22 billion dollars

Debt Office advises FG not to borrow more than $22bn

October 26, 2016Ayo Olowo

The Debt Management Office (DMO) has advised the Federal Government not to borrow above 22.08 billion dollars in 2017. DMO gave the recommendation on Tuesday in its 2016 Debt Sustainability Analysis (DSA) report, obtained by the News Agency of Nigeria (NAN) in Lagos. In the report, DMO stated that the end-period on Net Present Value […]

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