Tag: Refinance
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NASS: Stop Executive madness to refinance Treasury Bills with $3bn debt By Henry Boyo
By Henry Boyo The Federal Executive Councils’ approval to refinance an estimated N915bn ‘Naira denominated’ Treasury bills by borrowing $3bn from external sources, was announced by Finance Minister, Kemi Adeosun, after Council meeting on 9th August 2017. A report titled “To Finance $3bn T/bills with dollar debt” in Punch newspaper of 10th August, narrates the…