The approval followed the consideration of a report on the 2018-2020 External Borrowing (Rolling) Plan by the Committee on Local and Foreign Debt.
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The Minister of Finance, Budget and National Planning, Ahmed Zainab, who made this known while appearing before the Senate Committee of Local and Foreign Debts, added that the nation’s debt stood at N31.01 trillion as at June 30, 2020.
The bureau’s “Nigerian Domestic and Foreign Debt’’ Q2 2018 report released in Abuja, said the country’s domestic debt stood at N3.48trillion.