{"id":89271,"date":"2021-10-04T08:59:08","date_gmt":"2021-10-04T07:59:08","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=89271"},"modified":"2021-10-04T08:59:08","modified_gmt":"2021-10-04T07:59:08","slug":"cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/","title":{"rendered":"CBN loan to federal govt rose to N16.1 tn in August \u2013 Report"},"content":{"rendered":"<p>An investment banking and research company, Afrinvest West Africa Limited in its latest weekly report has observed that from the Central Bank of Nigeria (CBN) database, total credit advanced to the Federal Government through Ways &amp; Means facility by the lender of last resort rose to \u20a616.1 trillion in August 2021, representing a Year-to-Date (YTD) increase of \u20a63.0 trillion.<\/p>\n<p>The Ways &amp; Means facility refers to an interest-bearing overdraft granted to the government by the <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/09\/30\/breaking-cbn-postpones-enaira-launch\/\" target=\"_blank\" rel=\"noopener\">central bank<\/a> to plug the budget financing gap that may arise due to a temporary shortfall in revenue in a fiscal year.<\/p>\n<p>The report titled: \u201cLarge Scale Ways &amp; Means Financing: Has this Model Come to Stay?\u201d noted that unlike other deficit financing instruments such as Bond and Treasury Bills which are benchmarked against the funding need and\/or economic size, Way &amp; Means is capped to a ratio of the immediate year revenue, in the case of Nigeria, 5.0 per cent of the actual revenue of the preceding year.<\/p>\n<p>According to Afrinvest, the YTD increase (\u20a63.0 trilion) translates to a monthly average of \u20a6377.8 billion, higher than the average of \u20a6365.8 billion in the pandemic-ravaged year of 2020.<\/p>\n<p>\u201cIf this pace is sustained in the remaining four months to the end of 2021 (September inclusive), total Ways &amp; Means support to the Federal Government would reach \u20a617.6 trillion (2020: \u20a613.1 trillion), culminating in an annual increase of \u20a64.5 trillion (2020: \u20a64.4 trillion).<\/p>\n<p>\u201cObviously, this is a contravention of the CBN Act 2007, section 38(2) which stipulated that the total amount of advancement to the FG from the CBN shall not at any time exceed 5.0 per cent of the previous year\u2019s actual revenue of the FG,\u201d it stated.<\/p>\n<p>\u201cIn 2020, the Federal Government retained revenue printed at \u20a63.9 trillion. By implication, Ways &amp; Means advancement in the first eight months of 2021 is 76.9 per cent of Federal Government\u2019s revenue in 2020, and this could increase to 115.4 per cent by year end if the monthly average trend is sustained\u201d, Afrinvest stated.<\/p>\n<p>According to the firm, nonetheless, while a case could be made for the large Ways &amp; Means support in 2020 (as the pandemic wreaked havoc), it defies logic to see that Ways &amp; Means provision as a percentage of previous year\u2019s revenue were also above 30.0 per cent in 2017, 2018 and 2019 when the economy enjoyed relative stability. Furthermore, section 38(3a) of the CBN\u2019s Act stipulated that all advances made pursuant to this section shall be repaid as soon as possible and shall, in any event, be repayable by the end of the Federal Government financial year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An investment banking and research company, Afrinvest West Africa Limited in its latest weekly report has observed that from the Central Bank of Nigeria (CBN) database, total credit advanced to the Federal Government through Ways &amp; Means facility by the lender of last resort rose to \u20a616.1 trillion in August 2021, representing a Year-to-Date (YTD) [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":89296,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[19123,658,143,10415],"class_list":["post-89271","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-afrinvest-west-africa-limited","tag-cbn","tag-loan","tag-report"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CBN loan to federal govt rose to N16.1 tn in August \u2013 Report<\/title>\n<meta name=\"description\" content=\"An investment banking and research company, Afrinvest West Africa Limited in its latest weekly report has observed that from the Central Bank of Nigeria (CBN) database, total credit advanced to the Federal Government through Ways &amp; Means facility by the lender of last resort rose to \u20a616.1 trillion in August 2021, representing a Year-to-Date (YTD) increase of \u20a63.0 trillion\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBN loan to federal govt rose to N16.1 tn in August \u2013 Report\" \/>\n<meta property=\"og:description\" content=\"An investment banking and research company, Afrinvest West Africa Limited in its latest weekly report has observed that from the Central Bank of Nigeria\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/\" \/>\n<meta property=\"og:site_name\" content=\"NEWS PICKS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/withinnigeria\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-04T07:59:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/10\/adejayan_gbenga\/2021\/10\/04\/images-15-2021-10-04T085824.212.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"685\" \/>\n\t<meta property=\"og:image:height\" content=\"448\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adejayan Gbenga Gsong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@withinnigeria\" \/>\n<meta name=\"twitter:site\" content=\"@withinnigeria\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adejayan Gbenga Gsong\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/10\\\/04\\\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/10\\\/04\\\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\\\/\"},\"author\":{\"name\":\"Adejayan Gbenga Gsong\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/person\\\/11ab87194f641326bf5479bd96864d73\"},\"headline\":\"CBN loan to federal govt rose to N16.1 tn in August \u2013 Report\",\"datePublished\":\"2021-10-04T07:59:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/10\\\/04\\\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\\\/\"},\"wordCount\":423,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/10\\\/04\\\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/10\\\/adejayan_gbenga\\\/2021\\\/10\\\/04\\\/images-15-2021-10-04T085824.212.jpeg\",\"keywords\":[\"Afrinvest West Africa Limited\",\"CBN\",\"loan\",\"Report\"],\"articleSection\":[\"National\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/10\\\/04\\\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/10\\\/04\\\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\\\/\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/10\\\/04\\\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\\\/\",\"name\":\"CBN loan to federal govt rose to N16.1 tn in August \u2013 Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/10\\\/04\\\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/10\\\/04\\\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/10\\\/adejayan_gbenga\\\/2021\\\/10\\\/04\\\/images-15-2021-10-04T085824.212.jpeg\",\"datePublished\":\"2021-10-04T07:59:08+00:00\",\"description\":\"An investment banking and research company, Afrinvest West Africa Limited in its latest weekly report has observed that from the Central Bank of Nigeria (CBN) database, total credit advanced to the Federal Government through Ways & Means facility by the lender of last resort rose to \u20a616.1 trillion in August 2021, representing a Year-to-Date (YTD) increase of \u20a63.0 trillion\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/10\\\/04\\\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/10\\\/04\\\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/10\\\/04\\\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/10\\\/adejayan_gbenga\\\/2021\\\/10\\\/04\\\/images-15-2021-10-04T085824.212.jpeg\",\"contentUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/10\\\/adejayan_gbenga\\\/2021\\\/10\\\/04\\\/images-15-2021-10-04T085824.212.jpeg\",\"width\":685,\"height\":448},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/2021\\\/10\\\/04\\\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CBN loan to federal govt rose to N16.1 tn in August \u2013 Report\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/\",\"name\":\"NEWS\",\"description\":\"Latest &amp; Trending Nigeria News, Entertainment, Sports\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#organization\",\"name\":\"WITHN NIGERIA MEDIA LIMITED\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/01\\\/Logo-dark-bg.png\",\"contentUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/5\\\/2021\\\/01\\\/Logo-dark-bg.png\",\"width\":750,\"height\":500,\"caption\":\"WITHN NIGERIA MEDIA LIMITED\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/facebook.com\\\/withinnigeria\",\"https:\\\/\\\/x.com\\\/withinnigeria\",\"https:\\\/\\\/www.instagram.com\\\/withinnigeria\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/withinnigeria\\\/\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCo0qw0SqhKNTsQQM48FpdTA\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/#\\\/schema\\\/person\\\/11ab87194f641326bf5479bd96864d73\",\"name\":\"Adejayan Gbenga Gsong\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2550bcb9e0a9edc282f2caeeec2c83111b44bb44e98f57fdd1ea8051f2223264?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2550bcb9e0a9edc282f2caeeec2c83111b44bb44e98f57fdd1ea8051f2223264?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2550bcb9e0a9edc282f2caeeec2c83111b44bb44e98f57fdd1ea8051f2223264?s=96&d=mm&r=g\",\"caption\":\"Adejayan Gbenga Gsong\"},\"description\":\"Adejayan is an award-winning Journalist and Opinion writer with varied experience in Nigeria. Mail me at AdejayanOluwagbenga@withinnigeria.com. See full profile on Within Nigeria's TEAM PAGE\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/news\\\/author\\\/adejayan_gbenga\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CBN loan to federal govt rose to N16.1 tn in August \u2013 Report","description":"An investment banking and research company, Afrinvest West Africa Limited in its latest weekly report has observed that from the Central Bank of Nigeria (CBN) database, total credit advanced to the Federal Government through Ways & Means facility by the lender of last resort rose to \u20a616.1 trillion in August 2021, representing a Year-to-Date (YTD) increase of \u20a63.0 trillion","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/","og_locale":"en_GB","og_type":"article","og_title":"CBN loan to federal govt rose to N16.1 tn in August \u2013 Report","og_description":"An investment banking and research company, Afrinvest West Africa Limited in its latest weekly report has observed that from the Central Bank of Nigeria","og_url":"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/","og_site_name":"NEWS PICKS \u2014 WITHIN NIGERIA","article_publisher":"https:\/\/facebook.com\/withinnigeria","article_published_time":"2021-10-04T07:59:08+00:00","og_image":[{"width":685,"height":448,"url":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/10\/adejayan_gbenga\/2021\/10\/04\/images-15-2021-10-04T085824.212.jpeg","type":"image\/jpeg"}],"author":"Adejayan Gbenga Gsong","twitter_card":"summary_large_image","twitter_creator":"@withinnigeria","twitter_site":"@withinnigeria","twitter_misc":{"Written by":"Adejayan Gbenga Gsong","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/#article","isPartOf":{"@id":"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/"},"author":{"name":"Adejayan Gbenga Gsong","@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/person\/11ab87194f641326bf5479bd96864d73"},"headline":"CBN loan to federal govt rose to N16.1 tn in August \u2013 Report","datePublished":"2021-10-04T07:59:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/"},"wordCount":423,"commentCount":0,"publisher":{"@id":"https:\/\/www.withinnigeria.com\/news\/#organization"},"image":{"@id":"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/#primaryimage"},"thumbnailUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/10\/adejayan_gbenga\/2021\/10\/04\/images-15-2021-10-04T085824.212.jpeg","keywords":["Afrinvest West Africa Limited","CBN","loan","Report"],"articleSection":["National"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/","url":"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/","name":"CBN loan to federal govt rose to N16.1 tn in August \u2013 Report","isPartOf":{"@id":"https:\/\/www.withinnigeria.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/#primaryimage"},"image":{"@id":"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/#primaryimage"},"thumbnailUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/10\/adejayan_gbenga\/2021\/10\/04\/images-15-2021-10-04T085824.212.jpeg","datePublished":"2021-10-04T07:59:08+00:00","description":"An investment banking and research company, Afrinvest West Africa Limited in its latest weekly report has observed that from the Central Bank of Nigeria (CBN) database, total credit advanced to the Federal Government through Ways & Means facility by the lender of last resort rose to \u20a616.1 trillion in August 2021, representing a Year-to-Date (YTD) increase of \u20a63.0 trillion","breadcrumb":{"@id":"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/#primaryimage","url":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/10\/adejayan_gbenga\/2021\/10\/04\/images-15-2021-10-04T085824.212.jpeg","contentUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/10\/adejayan_gbenga\/2021\/10\/04\/images-15-2021-10-04T085824.212.jpeg","width":685,"height":448},{"@type":"BreadcrumbList","@id":"https:\/\/www.withinnigeria.com\/news\/2021\/10\/04\/cbn-loan-to-federal-govt-rose-to-n16-1-tn-in-august-report\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.withinnigeria.com\/news\/"},{"@type":"ListItem","position":2,"name":"CBN loan to federal govt rose to N16.1 tn in August \u2013 Report"}]},{"@type":"WebSite","@id":"https:\/\/www.withinnigeria.com\/news\/#website","url":"https:\/\/www.withinnigeria.com\/news\/","name":"NEWS","description":"Latest &amp; Trending Nigeria News, Entertainment, Sports","publisher":{"@id":"https:\/\/www.withinnigeria.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.withinnigeria.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.withinnigeria.com\/news\/#organization","name":"WITHN NIGERIA MEDIA LIMITED","url":"https:\/\/www.withinnigeria.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/01\/Logo-dark-bg.png","contentUrl":"https:\/\/www.withinnigeria.com\/news\/wp-content\/uploads\/sites\/5\/2021\/01\/Logo-dark-bg.png","width":750,"height":500,"caption":"WITHN NIGERIA MEDIA LIMITED"},"image":{"@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/withinnigeria","https:\/\/x.com\/withinnigeria","https:\/\/www.instagram.com\/withinnigeria\/","https:\/\/www.linkedin.com\/company\/withinnigeria\/","https:\/\/www.youtube.com\/channel\/UCo0qw0SqhKNTsQQM48FpdTA"]},{"@type":"Person","@id":"https:\/\/www.withinnigeria.com\/news\/#\/schema\/person\/11ab87194f641326bf5479bd96864d73","name":"Adejayan Gbenga Gsong","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/secure.gravatar.com\/avatar\/2550bcb9e0a9edc282f2caeeec2c83111b44bb44e98f57fdd1ea8051f2223264?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/2550bcb9e0a9edc282f2caeeec2c83111b44bb44e98f57fdd1ea8051f2223264?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2550bcb9e0a9edc282f2caeeec2c83111b44bb44e98f57fdd1ea8051f2223264?s=96&d=mm&r=g","caption":"Adejayan Gbenga Gsong"},"description":"Adejayan is an award-winning Journalist and Opinion writer with varied experience in Nigeria. Mail me at AdejayanOluwagbenga@withinnigeria.com. See full profile on Within Nigeria's TEAM PAGE","url":"https:\/\/www.withinnigeria.com\/news\/author\/adejayan_gbenga\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts\/89271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/comments?post=89271"}],"version-history":[{"count":0,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/posts\/89271\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/media\/89296"}],"wp:attachment":[{"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/media?parent=89271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/categories?post=89271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.withinnigeria.com\/news\/wp-json\/wp\/v2\/tags?post=89271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}