WIRE — The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has hinted at the reason for the sharp increase in Nigerias public debt. Speaking before the Senate Committee on Finance on the state of the nations economy on Monday, Oyedele attributed the increase to naira depreciation and accounting adjustments rather than fresh borrowing 'Not fresh borrowing' Oyedele reveals reason for Nigeria's rising debt
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