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At N23trn, Nigeria’s high debt profile deliberate, says finance minister

...FG readies to disburse N649bn Paris Club fund to states....working out modalities to fund the new minimum wage

Nigeria's finance minister, Zainab Ahmed

Nigeria’s finance minister, Zainab Ahmed, said on Thursday that the government deliberately grew the country’s debt profile, which has almost doubled from N12.2 trillion to N23 trillion in order to foster a more stronger economy which is yet to be seen though. While Nigeria still struggles with a very weak economy, high unemployment and poverty…

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