[Leadership] The federal government on Monday dismissed claims that the President Bola Tinubu administration has borrowed about ₦80 trillion in the last three years, describing the figure as exaggerated and a product of accounting adjustments and inaccurate public reporting. According to the finance minister, exchange-rate revaluation and the recognition of inherited liabilities account for much of the increase in Nigeria’s public debt. The post Naira depreciation, not fresh borrowing, drove debt surge — Oyedele appeared first on Premium Times Nigeria.
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