Oyedele: Tinubu Didn’t Borrow N80tn, Debt Surge Driven by FX, Legacy Liabilities
Finance minister says exchange rate changes, inherited liabilities and refinancing not fresh borrowing largely drove Nigeria’s rising public debt. The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, on Monday mounted a robust defence of President Bola Tinubu’s borrowing record, insisting that contrary to widespread public...
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