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Oyedele confirms Nigeria has drawn first $1.5 billion under $5 billion Abu Dhabi financing deal

Politics

Oyedele confirms Nigeria has drawn first $1.5 billion under $5 billion Abu Dhabi financing deal

Published: Jun 30, 2026 | ⏱ 1 min read | 👁 8 views | Author: ekeminiatai

The Finance Minister says the government is drawing the loan in phases to reduce borrowing costs while supporting infrastructure projects, budget implementation and debt refinancing.

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