*Adds Lagos-Calabar, Sokoto-Badagry highways, power, ports’re drivers of $1trn economy *NLC demands justification for $20.5bn, €1.45bn loans
By Johnbosco Agbakwuru and Olayinka Ajayi
ABUJA — President Bola Tinubu has defended his administration’s external borrowing plans, saying Lagos-Calabar Coastal Highway, Sokoto-Badagry Superhighway, Trans-Sahara Superhighway, electricity grid upgrades and modernisation of key commercial ports in Lagos among others would strengthen Nigeria’s productive capacity.
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According to him, the loans will finance critical infrastructure and investments capable of expanding economic opportunities for fu...
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It’s not how much we borrow, but what we build — Tinubu
Source: Vanguard News
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