Nigeria got a lifeline on Monday as the African Development Bank (AfDB) said it would support the country with the sum of $1 billion to help it address the N2.2 trillion deficit in the 2016 budget.

AfDB President, Akinwunmi Adesina, who disclosed this to State House correspondents after meeting with Vice President, Yemi Osinbajo, and the Economic Management Team‎ (EMT) at the State House, Abuja, said the facility would attract a 1.2 per cent interest.

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