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$21.7 billion loan will finance growth and productive assets, FG tells Atiku, Obi and other critics

The federal government has defended its proposed $21.7 billion external borrowing plan, saying the funds will finance infrastructure and other productive investments that can expand the economy, create jobs and improve living standards. Finance Minister and Coordinating Minister for Economy, Taiwo Oyedele, said assets should judge the financing they would create and the expected economic returns, rather than judging it …