<ul><li>The $21 billion mentioned is the total amount that the Federal Government and states can borrow over the next three years, not an amount they will definitely borrow.</li><li>The Medium Term Expenditure Framework (MTEF) outlines the borrowing plan for the next three years in line with fiscal responsibility and debt management acts.</li><li>Actual borrowings will be detailed in the budgets of both Federal and State Governments, not just based on the MTEF projections.</li><li>President Bola Tinubu, being an experienced accountant, is expected to secure finances at favorable rates for appropriate projects, leading to potential reduction in national debt.</li></ul>

President Bola Tinubu Is Not Borrowing $21 Billion

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