AFRICA INTERCONTINENTAL CONFERENCE AND GLOBAL AWARDS SET TO HOLD IN ABUJA 
Ogun serial kidnapper arrested after strangling employer’s daughter 
Da Priest (Abyelo Sanda) Set to Release New Album and Host Live Concert: The Jonah Experience 
Newnaija 
Newnaija.com.ngwp-content/uploads/2023/06/Asiwaju-Bola-Tinubu-10-300×172.jpg 300w” sizes=”(max-width: 750px) 100vw, 750px”>
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 Nigeria’s economy.
He added that Nigeria under his watch has reduced its debt service ratio from from 97 percent to 68 percent.
“The 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.
“We 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”, he said.
Newnaija recalls that the Nigerian Senate in February 2024 vowed to probe N30 trillion ways and means loan under former President Muhammadu Buhari’s government.
Nigeria at 64: FG has cleared N30tn CBN Ways Means loan – Tinubu
