Senator Ireti Kingibe has accused FCT Minister Nyesom Wike of taking loans without National Assembly approval as FCT debt rises to ₦389.88 billion. Wike’s camp denies the claim.
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The Federal Capital Territory recorded a major rise in domestic debt as the government continued to fund infrastructure projects across Abuja.
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Minister Nyesom Wike’s camp dismissed the borrowing allegations and stated that all activities received proper executive and legislative approvals.