Nigerian Finance Minister Clarifies Public Debt Increase, Citing Refinancing and Naira Depreciation

Nigeria's Finance Minister has clarified that the recent increase in public debt is primarily due to naira depreciation and securitisation, rather than new borrowing, addressing public allegations.

20 Jul, 19:44 — 20 Jul, 19:44

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punch-ngMostly Factual40d ago

Refinancing not fresh debt, FG sets record straight on public allegations

Nigeria’s Finance Minister clarifies the increase in public debt, stating it’s largely due to naira depreciation and securitisation, not fresh borrowing by Read More: https://punchng.com/refinancing-not-fresh-debt-fg-sets-record-straight-on-public-allegations/

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Nigerian Finance Minister Clarifies Public Debt Increase, Citing Refinancing and Naira Depreciation

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Refinancing not fresh debt, FG sets record straight on public allegations

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