Two days after the finance minister, Kemi Adeosun, said the federal government must move away from debt in funding future budgets, she clarified her statement saying Nigeria has no choice but to continue to borrow in other to implement the Federal Government’s Economic Recovery and Growth Plan, ERGP.

Speaking at the quarterly presidential business forum in Abuja, Adeosun said Nigeria needs to generate more money to fund its budget.

However, in a statement signed by the Director of Information, Federal Ministry of Finance, Salisu Dambatta, on Thursday, Adeosun said Nigeria will continue to borrow to fund its budget.

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