Nigeria aims to borrow at home and abroad to fund 2019 budget -fin min

ABUJA, March 27 (Reuters) – Nigeria plans to tap concessionary long-term loans to finance its 2019 budget in addition to borrowing at home, Finance Minister Zainab Ahmed said on Wednesday.

“We intend to fund the 2019 budget through borrowing locally and internationally with a spread of 50:50. Our focus is on concessionary long-term loans,” said a National Assembly tweet quoting the finance minister.

Reporting by Chijioke Ohuocha
Editing by Mark Heinrich


Leave a Reply

Skip to toolbar