{"id":132816,"date":"2024-10-01T08:50:33","date_gmt":"2024-10-01T07:50:33","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/nigeria-at-64-fg-has-cleared-n30tn-cbn-ways-means-loan-tinubu"},"modified":"2024-10-01T09:53:37","modified_gmt":"2024-10-01T08:53:37","slug":"nigeria-at-64-fg-has-cleared-n30tn-cbn-ways-means-loan-tinubu","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/nigeria-at-64-fg-has-cleared-n30tn-cbn-ways-means-loan-tinubu","title":{"rendered":"Nigeria at 64: FG has cleared N30tn CBN Ways Means loan \u2013 Tinubu"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>President Bola Ahmed Tinubu said his administration has cleared N30 trillion ways and means loan from the Central Bank of Nigeria.<\/p>\n

The President disclosed this on Tuesday during his 64th Independence Day celebration nationwide broadcast.<\/p>\n

According to him, his administration in the last 16 months has made gains in retooling and repositioning Nigeria\u2019s economy.<\/p>\n

He added that Nigeria under his watch has reduced its debt service ratio from from 97 percent to 68 percent.<\/p>\n

\u201cThe economy is undergoing the necessary reforms and retooling to serve us better and more sustainably. If we do not correct the fiscal misalignments that led to the current economic downturn, our country will face an uncertain future and the peril of unimaginable consequences.<\/p>\n

\u201cWe have cleared the ways and means of a debt of over N30 trillion. We have reduced the debt service ratio from 97 percent to 68 percent\u201d, he said.<\/p>\n

DAILY POST recalls that the Nigerian Senate in February 2024 vowed to probe N30 trillion ways and means loan under former President Muhammadu Buhari\u2019s government.<\/p>\n

For More News And Analysis About Nigeria Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. President Bola Ahmed Tinubu said his administration has cleared N30 trillion ways and means loan from the Central Bank of Nigeria. The President disclosed this on Tuesday during his 64th Independence Day celebration nationwide broadcast. According to him, his administration in the last 16 months has made gains in retooling and repositioning […]<\/p>\n","protected":false},"author":84,"featured_media":132815,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,29,28,14,2660],"tags":[503,254,945],"class_list":["post-132816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-to-homepage","tag-cbn","tag-nigeria","tag-tinubu"],"yoast_head":"\nNigeria at 64: FG has cleared N30tn CBN Ways Means loan \u2013 Tinubu - Nigeria<\/title>\n<meta name=\"description\" content=\"President Bola Ahmed Tinubu said his administration has cleared N30 trillion ways and means loan from the Central Bank o ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigeria-at-64-fg-has-cleared-n30tn-cbn-ways-means-loan-tinubu\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria at 64: FG has cleared N30tn CBN Ways Means loan \u2013 Tinubu\" \/>\n<meta property=\"og:description\" content=\"President Bola Ahmed Tinubu said his administration has cleared N30 trillion ways and means loan from the Central Bank o ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigeria-at-64-fg-has-cleared-n30tn-cbn-ways-means-loan-tinubu\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-01T07:50:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-01T08:53:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/10\/sm_1727760173.689967.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"430\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigeria-at-64-fg-has-cleared-n30tn-cbn-ways-means-loan-tinubu#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigeria-at-64-fg-has-cleared-n30tn-cbn-ways-means-loan-tinubu\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Nigeria at 64: FG has cleared N30tn CBN Ways Means loan \u2013 Tinubu\",\"datePublished\":\"2024-10-01T07:50:33+00:00\",\"dateModified\":\"2024-10-01T08:53:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigeria-at-64-fg-has-cleared-n30tn-cbn-ways-means-loan-tinubu\"},\"wordCount\":192,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigeria-at-64-fg-has-cleared-n30tn-cbn-ways-means-loan-tinubu#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/10\/sm_1727760173.689967.jpg\",\"keywords\":[\"CBN\",\"Nigeria\",\"Tinubu\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"Policy\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigeria-at-64-fg-has-cleared-n30tn-cbn-ways-means-loan-tinubu#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigeria-at-64-fg-has-cleared-n30tn-cbn-ways-means-loan-tinubu\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigeria-at-64-fg-has-cleared-n30tn-cbn-ways-means-loan-tinubu\",\"name\":\"Nigeria at 64: FG has cleared N30tn CBN Ways Means loan \u2013 Tinubu - 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