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Nigeria denies pledging oil revenues or strategic assets as collateral

Nigeria’s Debt Management Office says the government did not pledge oil revenues or strategic assets for a $5 billion Abu Dhabi bank facility.

By DoomRadar · Published on DoomRadar .

Why it matters

The dispute concerns the credibility and perceived risks of Nigeria’s sovereign financing.

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  1. Nigeria: Dmo - FG Didn't Pledge Oil Revenues, Strategic Assets As Collateral for $5bn Abu Dhabi Bank's Facility ↗allafrica.com · Recorded source date: Aug 31, 2026, 11:32 PM UTC

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