• Oyedele says market conditions right for planned move
•US may slam additional 12.5% tariff on Nigerian exports
Emmanuel Addeh in Abuja
Nigeria is considering refinancing some of its expensive debt obligations and raising fresh funding to bridge its budget deficit, buoyed by improved investor confidence and elevated crude oil prices triggered by tensions in the Middle East.
Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, disclosed that the federal government was looking to take advantage of favourable market conditions to restructure costly legacy debt and secure additional financing for development projects.
