FG Takes Fresh N4.05trn Loan From CBN, Domestic Market Amidst Ways And Means Outcry

The federal government has taken N4.047trn additional borrowings between January to September 2023, thereby raising fresh concerns on a repeat of the abuse of the ‘Ways and Means’ loan taken by the immediate past president, Muhammadu Buhari and the former Central Bank Governor, Godwin Emefiele.

The borrowing was taken from the domestic market.