.Says it has not borrowed anything near N80trillion being bandied

.As Senators lament non-implementation of 2026 budget

By Henry Umoru, ABUJA

THE Federal Government of Nigeria has declared that the Nation’s debt profile is exaggerated, as monies borrowed under President Bola Ahmed Tinubu within the last three years are nowhere near the N80 trillion being bandied by public commentators and erroneously reported by Journalists.

Speaking in Abuja on Monday when he appeared before the Senator Sani Musa, APC, Niger East-led Senate Committee on Finance, Minister of Finance and Coordinating Minister for the Economy, Taiwo Oyedele said that the entire debt profile is exaggerated through multiple reporting by media and accounting misadjustment by those overcalculating it.