Debt Servicing Gulps 69% Of Revenues In 1 Year–Budget Office
Nigeria’s fiscal condition remains under strain as the federal government spent 69 per cent of its 2024 revenues on debt ...
Tag: Debt Servicing
Speaker Abbas Makes U-turn, Says Tinubu Working Hard For Responsible Borrowing
The Speaker of the House of Representatives, Hon. Abbas Tajudeen, has said President Bola Tinubu was working assiduously to address ...
Nigeria Spends N1.26trn On Debt Servicing In 2 Months
Nigeria spent $817.41 million on debt servicing as a total of $180.3 million was received as remittances in the first ...
Debt Financing: FG’s Reliance On Asset Sales, Multilateral Loans Sparks Sustainability Concerns
Nigeria’s increasing reliance on asset sales, and multilateral loans for debt financing has raised alarms over the sustainability of its ...
Federal Govt Spends N7.7trn On Debt Servicing In 2023
The federal government’s 64.5 per cent of its total revenue in 2023 servicing debts, analysis of data from the Budget ...
