Group challenges FG over secrecy around $5 billion Abu Dhabi financing deal

NAIRAMETRICS | 22-08-2026 09:37am |

The Alliance for Economic Research and Ethics Ltd/GTE has criticized the Federal Government's stance on transparency regarding the $5 billion Total Return Swap (TRS) facility secured from First Abu Dhabi Bank. The group argues that the arrangement warrants greater public disclosure. The criticism highlights concerns over the secrecy surrounding the financing deal.

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