Tinubu Govt. secures $1.5 billion, $80 million loans from World Bank, others

POLITICS NIGERIA reports that the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made the announcement while speaking with State House Correspondents after the FEC meeting on Wednesday.

Edun said the funds will be utilised for various projects in crucial sectors of the nation’s economy. He added that Nigeria qualified for the “relatively cheap” loans given its “macro-economic moves” in the past couple of months since President Bola Tinubu assumed office.