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Federal Government Exceeds 2025 Borrowing Target by 55.6%

The Federal Government has exceeded its 2025 borrowing target by 55.6%, with N17.36 trillion borrowed in the first 10 months, surpassing the N10.9 trillion target. This borrowing includes N15.8 trillion from domestic sources and N1.56 trillion from external sources, Peak Newspaper reports. Experts warn that this trend undermines fiscal consolidation efforts and may crowd out […]