FG To Take Loans From World Bank, China, Japan - Business - Nairaland
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| FG To Take Loans From World Bank, China, Japan by Saintdix(m): 9:40am On Sep 09, 2016 |
The federal government is set to take external loans from the World Bank, African Development Bank, Japan International Cooperation Agency, and Export-Import Bank of China, Bloomberg reported on Thursday. This will include low-cost and long-term loans with interest rates of 1.25 per cent and maturity of 20 years. Government is now waiting for lawmakers to approve the plans. President Muhammadu Buhari had announced a N6.1tn ($19.4bn) spending plan aimed at... http://naijanewsline.com/2016/09/09/fg-to-take-loans-from-world-bank-china-japan/
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