The Federal Government spends ₦8.94 trillion on debt servicing from January to September 2024, accounting for 47% of total government expenditure during this period. This reflects a 56.8% rise compared to the ₦5.69 trillion spent during the same period in 2023, according to data from the Central Bank of Nigeria (CBN). Debt-to-Revenue Pressure MountsThe debt-to-revenue … Continue reading Nigeria Spends ₦8.94 Trillion On Debt Servicing In Nine Months As Fiscal Deficit Grows