The Debt Management Office says
Nigeria has more than $5.83bn foreign loans that have been approved but not yet disbursed.
The DMO on its portal showcased a number of foreign loans that were to be disbursed as of December 31, 2020.
The disbursement of the loans will take the country’s total foreign debt commitment to more than $37.8bn and the country’s external debt as of September 30, 2020 stood at $31.99bn.