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federal government approves three-year borrowing plan spanning from 2016 to 2019.

The federal government has approved a three-year borrowing plan spanning from twenty sixteen to twenty nineteen.

Finance Minister, KEMI ADEOSUN who disclosed this at the end of the Federal Executive Council meeting in Abuja yesterday said government has taken drastic measures to put the economy back on track.

According to her, although further external borrowing would place more burden on Nigeria’s debt profile, the borrowed funds would be well utilized to re-inflate the country’s ailing economy.

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