Nigeria has qualified for $2.25 billion World Bank facility with 40-year tenure and 10 years moratorium for repayment.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun announced this at the close of the World Bank-IMF meetings in Washington DC, United States.
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Edun at the joint briefing with Governor of the Central Bank of Nigeria, CBN Olayemi Cardoso also said the Government is in advanced discussions on major foreign direct investment flows into the country.
(Editor: Terverr Tyav)
