The Federal Government has deducted over N415bn from state government allocations to service their external loans, according to …
Tag:
Debt servicing
Nigeria and other developing countries have spent about $441bn on debt-serving in the past 40 years, according to …
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Personnel costs, debt servicing exceeded govt 2022 revenue – W’Bank
by Ikenna NgereThe Federal Government’s spending on personnel costs and debt servicing exceeded total revenues in 2022, the World Bank …
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Debt servicing hits $112m monthly, says CBNDebt servicing hits $112m monthly, says CBN
by Ikenna NgereThe Federal Government spent $112.35m servicing external debt in January 2023, according to findings by The PUNCH. Data …
Nigeria’s debt servicing bill went up by 14.68 per cent to N3.36trn in 2022, data from the Debt Management …
The World Bank has projected that debt servicing will gulp 123.4 per cent of the Federal Government’s revenue …