Govt to spend 61% of external borrowing on power, rail, other infrastructure projects

27 October 2016, Lagos – Details of the federal government’s $29.96 billion External Borrowing (Rolling) Plan for 2016-2018 have revealed that 61.2 per cent of the foreign loans have been earmarked for bankable infrastructure projects while social programmes in health and education, the federal government’s budget support facility, agriculture and the Eurobond issue account for the […] More »