FG exceeds 2023 Debt Service Budget by N869.38bn in 9 months
The Federal Government exceeded its 2023 debt service budget by N869.38 billion in nine months. This is according to the ...
Tag: Debt servicing
Tinubu presents N27.5trn 2024 Budget
...projects N8.25trn for debt servicing President Bola Ahmed Tinubu formally presented a budget of N27.5 trillion for the 2024 fiscal ...
National Debt Servicing with 90% Revenue is a path to Destruction – Tinubu
Nigeria's President, Bola Tinubu has insisted the practice of servicing national debt with 90% of revenue is destructive while promising ...
FG spent $62.66m in railway debt servicing
The Federal Government spent $62.66 million to service railway-related debts in the first quarter of 2023, according to the external ...
$400m loan: Nigeria spends $25.03m for servicing
...FG has spent $801m on debt servicing in 3 months As part of efforts to expand four airport terminals in ...
FG projects 82% of revenue for debt servicing – Report
The International Monetary Fund says the Federal Government has projected to spend 82 per cent of its revenue on interest ...
Nigeria’s Debt To Hit N77tn, Loan Servicing Gulps N5.2tn
Nigeria’s public debt burden may hit N77tn if the National Assembly approves the request by President Muhammadu Buhari to restructure ...
Nigeria’s debt service cost rises by 28% to N1.17 trillion in Q3 2022
Nigeria spent a sum of N1.17 trillion on local and foreign debt servicing in the third quarter of 2022, representing ...
Debt Servicing To Gulp 123% Of 2023 Revenue- World Bank
The World Bank has projected that debt servicing will gulp 123.4 per cent of the Federal Government’s revenue in 2023. ...
Debt servicing to hit N10.43tn as economists slam FG
The Federal Government has projected that debt servicing will cost N10.43 trillion by 2025, according to the 2023-2035 Medium Term ...
