Debt Servicing Consumes N8.94 Trillion in 9 Months as Nigeria’s Deficit Widens
The Nigerian government has spent an alarming N8.94 trillion on debt servicing in the first nine months of 2024, accounting for 47% of total expenditure during this period. This represents a sharp 56.8% increase compared to N5.69 trillion in the same period of 2023, according to the Central Bank of Nigeria (CBN). The surge in … Read more