Presidential spokesman Bayo Onanuga has defended the Federal Government’s borrowing policy, saying Nigeria remains creditworthy and can still obtain more loans to finance critical infrastructure projects.

Ideally, a country should only take a loan if the net effect on its economy is to improve its standing on as many measures as possible.

The Special Adviser to President Bola Ahmed Tinubu on Information and Strategy, Bayo Onanuga, has defended the Federal Government’s growing borrowing profile, insisting that…