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| President Muhammadu Buhari |
The reliance of the Federal
and State Governments on borrowings to finance their activities is not ending
soon as the two tiers of government have taken more loans in the past two years.
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| DMO - the country’s new debt management strategy entails balancing the sources of debt to ensure that more resources are borrowed from external sources where the interest rate is seen as lower than interest rates on borrowings from domestic sources |
