FG to borrow fresh $1.2bn from Brazil

Osinbanjo

The Federal Government of Nigeria has said that it’s seeking a loan of $1.2bn from Brazil to finance agricultural programmes in the 2021 budget.

The Minister of Finance, Budget and National Planning, Zainab Ahmed, made this known during a meeting with the House of Representatives Committee on Finance in Abuja on Tuesday.

The Federal Government of Nigeria has said that it’s seeking a loan of $1.2bn from Brazil to finance agricultural programmes in the 2021 budget.

The Minister of Finance, Budget and National Planning, Zainab Ahmed, made this known during a meeting with the House of Representatives Committee on Finance in Abuja on Tuesday.

The purpose of this program is to address the whole of agricultural value chain from mechanization, production, processing and selling,” she said.

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