Debt Service And Salaries Exceed Federal Government Revenue In First Seven Months Of 2025

Nigeria’s fiscal position came under renewed scrutiny on Wednesday following revelations that debt servicing and personnel costs alone exceeded the Federal Government’s total revenue between January and July 2025. Details contained in the 2026–2028 Medium-Term Expenditure Framework and Fiscal Strategy Paper (MTEF-FSP), published by the Budget Office of the Federation, show that the Federal Government … Continue reading Debt Service And Salaries Exceed Federal Government Revenue In First Seven Months Of 2025