President Bola Tinubu says his administration has cleared 30 trillion naira ways and means loan from the Central Bank of Nigeria.
The President disclosed this during his 64th Independence Day celebration nationwide broadcast, stating that his administration in the last 16 months has made gains in retooling and repositioning Nigeria’s economy.
He added that Nigeria under his watch has reduced its debt service ratio from 97 percent to 68 percent.
Recall that the Nigerian senate in February 2024 vowed to probe 30 trillion naira ways and means loan under Former President Muhammadu Buhari’s government.